Callodine reports 4,505,165 shares in Wolverine World Wide (NASDAQ: WWW)
Rhea-AI Filing Summary
Wolverine World Wide Inc. ownership disclosure: Callodine Capital Management, LP and James S. Morrow report beneficial ownership of 4,505,165 shares of Common Stock, representing 5.96% of the class. The filing states the share count is calculated using 81,980,999 shares outstanding as of March 9, 2026.
The reported shares are held for Callodine's investment advisory clients; Mr. Morrow is the managing member of the general partner and disclaims beneficial ownership except to the extent of his pecuniary interest. The reporting persons report shared voting and dispositive power over the 4,505,165 shares.
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Insights
Callodine holds a 5.96% stake in Wolverine World Wide, reported as shared power over 4,505,165 shares.
Callodine Capital Management, LP and James S. Morrow report 4,505,165 shares beneficially owned, calculated using 81,980,999 shares outstanding as of March 9, 2026. The filing identifies the position as held for advisory clients, not direct sole ownership.
Cash‑flow treatment and any planned disposition are not stated in the excerpt; subsequent filings or proxy disclosures could show changes in holdings or intentions.
Shared voting and dispositive power is disclosed; the filing clarifies manager and entity roles.
The filing notes Mr. Morrow is the managing member of Callodine's general partner and that the reported shares are held for the benefit of advisory clients. Each reporting person disclaims beneficial ownership except for pecuniary interest.
For governance implications, the reporting level (5.96%) is a disclosure threshold; any coordinated voting or solicitation would be disclosed in later proxy or Schedule 13D updates if plans change.