[SCHEDULE 13G] Wolverine World Wide, Inc. SEC Filing
Point72 Reports 5.0% Stake in Wolverine World Wide (4.07M Shares)
Point72 Asset Management, Point72 Capital Advisors and Steven A. Cohen jointly report beneficial ownership of 4,074,274 shares of Wolverine World Wide, Inc. common stock, representing 5.0% of the class as of the close of business on August 28, 2025.
Point72 Asset Management, Point72 Capital Advisors and Steven A. Cohen jointly report beneficial ownership of 4,074,274 shares of Wolverine World Wide, Inc. common stock, representing 5.0% of the class as of the close of business on August 28, 2025. The filing states the reported shares are held by an investment fund managed by Point72 Asset Management (Point72 Associates); Point72 Asset Management and Point72 Capital Advisors have shared voting and dispositive power over these shares and Mr. Cohen controls the reporting entities. Each reporting person disclaims direct ownership of the shares and certifies the shares were not acquired to change or influence control of the issuer. The statement is filed pursuant to Rule 13d-1 and includes a Joint Filing Agreement as Exhibit 99.1.
Positive
Disclosure of a material 5.0% stake (4,074,274 shares) increases transparency for investors
Joint Filing Agreement (Exhibit 99.1) clarifies coordinated filing among Point72 entities and Steven A. Cohen
Shared voting and dispositive power is explicitly reported, reducing ambiguity about who manages the position
Negative
None.
Insights
TL;DR: Point72 discloses a meaningful 5.0% passive stake in Wolverine World Wide as of August 28, 2025.
The filing documents an aggregate position of 4,074,274 shares (5.0%) held via Point72-managed entities. Shared voting and dispositive power indicates coordinated management of the position across affiliates, while the reporting persons state they did not acquire the shares to change control. For investors, a 5% stake by a large asset manager is material for ownership transparency and could influence market attention or proxy dynamics, though the filing shows no sole voting power and no explicit activist intent.
TL;DR: Joint filing clarifies governance relationships; no indication of control or activist intent.
The Schedule 13G identifies the reporting chain—Point72 Associates as the holder, Point72 Asset Management as manager, Point72 Capital Advisors as general partner, and Steven A. Cohen as control person—and attaches a Joint Filing Agreement. The form reports shared voting and dispositive power rather than sole control, and includes a certification that the position was not acquired to influence control. From a governance standpoint, this establishes transparency about a >5% holder while confirming the filer treats the stake as passive under Rule 13d-1.
FAQ
How many Wolverine World Wide (WWW) shares does Point72 report owning?
The filing reports 4,074,274 shares, representing 5.0% of the outstanding common stock as of August 28, 2025.
Which entities filed the Schedule 13G for WWW?
The filing was made jointly by Point72 Asset Management, L.P., Point72 Capital Advisors, Inc., and Steven A. Cohen.
Does any reporting person claim sole voting or dispositive power over the WWW shares?
No. The cover pages report 0 sole voting power and 0 sole dispositive power and indicate shared voting and dispositional power of 4,074,274 shares.
Was the WWW stake acquired to change or influence control of the issuer?
The certification states the securities were not acquired and are not held for the purpose of changing or influencing control of Wolverine World Wide.
Where are the reporting persons organized and what is their address?
Point72 Asset Management and Point72 Capital Advisors are organized in Delaware; the principal business address for the reporting persons is 72 Cummings Point Road, Stamford, CT 06902.
This statement is filed by: (i) Point72 Asset Management, L.P. ("Point72 Asset Management") with respect to the shares of common stock, par value $1 per share ("Shares"), of Wolverine World Wide, Inc. held by Point72 Associates, LLC, an investment fund it manages ("Point72 Associates"); (ii) Point72 Capital Advisors, Inc. ("Point72 Capital Advisors Inc.") with respect to the Shares held by Point72 Associates; and (iii) Steven A. Cohen ("Mr. Cohen") with respect to the Shares beneficially owned by Point72 Asset Management and Point72 Capital Advisors Inc.
Each of Cubist Systematic Strategies, LLC, Point72 Hong Kong Limited and Point72 Asia (Singapore) Pte. Ltd. are advisors under common control with Point72 Asset Management, and each acts as a sub-advisor with respect to a portion of the Shares reported herein.
Point72 Asset Management, Point72 Capital Advisors Inc., and Mr. Cohen have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 99.1, pursuant to which they have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Securities Exchange Act of 1934 (the "Act").
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of Point72 Asset Management, Point72 Capital Advisors Inc., and Mr. Cohen is 72 Cummings Point Road, Stamford, CT 06902.
(c)
Citizenship:
Point72 Asset Management is a Delaware limited partnership. Point72 Capital Advisors Inc. is a Delaware corporation. Mr. Cohen is a United States citizen.
(d)
Title of class of securities:
Common Stock, par value $1 per share
(e)
CUSIP No.:
978097103
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference. Such information is as of the close of business on August 28, 2025.
Point72 Asset Management, Point72 Capital Advisors Inc., and Mr. Cohen own directly no Shares. Pursuant to an investment management agreement, Point72 Asset Management maintains investment and voting power with respect to the securities held by Point72 Associates. Point72 Capital Advisors Inc. is the general partner of Point72 Asset Management. Mr. Cohen controls each of Point72 Asset Management and Point72 Capital Advisors Inc. The filing of this statement should not be construed as an admission that any of the foregoing persons or any Reporting Person is, for the purposes of Section 13 of the Act, the beneficial owner of the Shares reported herein.
(b)
Percent of class:
5.0%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference. Such information is as of the close of business on August 28, 2025.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference. Such information is as of the close of business on August 28, 2025.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference. Such information is as of the close of business on August 28, 2025.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference. Such information is as of the close of business on August 28, 2025.
Item 5.
Ownership of 5 Percent or Less of a Class.
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 2(a). Point72 Associates has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, more than 5 percent of the outstanding Shares.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
