Form 4: David Kollat Reports Stock Transactions in Wolverine World Wide Inc.

Director David Kollat reports the vesting of restricted stock units and subsequent conversion into common stock of Wolverine World Wide Inc.

Summary

• On May 3, 2024, Director David Kollat reported a transaction involving Wolverine World Wide Inc. (WWW).
• The transaction involved the vesting of 9,515 restricted stock units, which converted into an equal number of common stock shares.
• Following the reported transaction, Kollat directly owns 168,036 shares of common stock.
• Kollat also indirectly owns 7,731 shares through the David T Kollat Trust, 38,140 shares through the Kollat Children's Trust f/b/o Andra Gillum, and 57,210 shares through the Kollat Children's Trust f/b/o Lisa Adrion.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects a change in the director's holdings.
• The vesting of restricted stock units is part of the director's compensation package.

Key Dates