[Form 4] Wolverine World Wide, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Wolverine World Wide, Inc. (NYSE: WWW) filed a Form 4 disclosing an equity award to director Jack Boyle.

• Transaction date: 9 Jul 2025.
• Security: 7,459 Restricted Stock Units (RSUs) that convert to common stock on a one-for-one basis.
• Transaction code: A (grant).
• Vesting: RSUs vest on 9 Jul 2026.
• Ownership after grant: 7,459 derivative securities held directly.

No shares were sold and no cash price was paid (grant price stated as $0). The filing increases Mr. Boyle’s direct beneficial interest but represents an immaterial percentage of the company’s ~million-share float. The award aligns director incentives with shareholder value without creating meaningful dilution.

Positive

• Director equity alignment: Grant of 7,459 RSUs increases insider ownership and ties compensation to stock performance.

Negative

• Immaterial size: The award is small relative to share count, providing limited insight into insider sentiment or future performance.

Insights

Financial Analyst

TL;DR – Routine RSU grant; negligible dilution, modest alignment.

The Form 4 reveals only a standard annual equity grant of 7,459 RSUs to director Jack Boyle. At WWW’s recent price, the grant is modest relative to both market cap and float, so market impact is minimal. Because it is a grant rather than an open-market purchase, it offers limited signaling value, yet it does marginally enhance insider alignment. Overall, the disclosure is not materially impactful to valuation or near-term trading dynamics.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Boyle Jack

(Last) (First) (Middle)

C/O 9341 COURTLAND DRIVE NE

(Street)

ROCKFORD MI 49351

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WOLVERINE WORLD WIDE INC /DE/ [ WWW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	07/09/2025		A		7,459		(2)	(2)	Common Stock	7,459	$0	7,459	D

Explanation of Responses:

1. Converts into shares of Common Stock on a one-for-one basis.

2. The Restricted Stock Units vest on July 9, 2026.

Remarks:

	/s/ David Latchana by Power of Attorney	07/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Wolverine World Wide (WWW) disclose in the Form 4?

The company reported granting 7,459 Restricted Stock Units to director Jack Boyle on 9 Jul 2025.

When do the granted RSUs to Jack Boyle vest?

They vest on 9 Jul 2026, one year after the grant date.

Did the director purchase shares with cash?

No. The Form 4 indicates an RSU grant at $0 cost, not an open-market purchase.

How many shares does Jack Boyle own after this transaction?

He holds 7,459 derivative securities (RSUs) directly following the grant.

Is the RSU grant likely to dilute shareholders?

Dilution is immaterial given the small size relative to WWW’s total shares outstanding.