SCHEDULE: Callodine Capital Discloses 3.32% Stake in Wolverine Worldwide
Schedule 13G Amendment
Callodine Capital Management, LP and James S. Morrow have reported a 3.32% beneficial ownership stake in Wolverine World Wide Inc., totaling 2,701,360 common shares.
Summary
- Callodine Capital Management, LP and James S. Morrow collectively reported beneficial ownership of 2,701,360 shares of Wolverine World Wide Inc. common stock.
- This ownership represents 3.32% of the issuer's outstanding common stock.
- The shares are held for the benefit of investment advisory clients of Callodine Capital Management, LP.
- James S. Morrow is the managing member of the general partner of Callodine Capital Management, LP and is also reported as a beneficial owner of the same shares.
- Both reporting persons share voting and dispositive power over all 2,701,360 shares.
- The percentage of class is calculated based on 81,254,351 shares outstanding as of July 21, 2025, as reported in the issuer's Form 10-Q for the quarter ended June 28, 2025.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative operational news, but rather a statement of an investment position.
Positives
- The reporting persons certified that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Future Outlook
NA
Management Comments
- Callodine Capital Management, LP and James S. Morrow certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of Wolverine World Wide Inc.
Industry Context
NA
Stakeholder Impact
- Shareholders may note the continued institutional interest in Wolverine World Wide Inc. stock by Callodine Capital Management, LP and its managing member, James S. Morrow.
Key Dates
| Date | Description |
|---|---|
| 06/28/2025 | End of the quarterly period for which Wolverine World Wide Inc. filed its Form 10-Q. |
| 07/21/2025 | Date as of which 81,254,351 shares of common stock were outstanding, used for percentage calculation. |
| 08/07/2025 | Date Wolverine World Wide Inc. filed its Quarterly Report on Form 10-Q. |
| 09/30/2025 | Date of event which required the filing of this statement. |
| 11/14/2025 | Date the Schedule 13G Amendment No. 1 was signed and filed. |
Keywords
Wolverine World Wide Inc., Callodine Capital Management, James S. Morrow, Schedule 13G, beneficial ownership, common stock, institutional investment, equity stake
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