Form 4: Director Jodi Bricker Exercises Restricted Stock Units in Wolverine World Wide Inc (WWW)
SEC Form 4
Jodi Bricker, a director of Wolverine World Wide Inc, converted 9,515 restricted stock units into common stock on May 3, 2024.
Summary
- On May 3, 2024, Jodi Bricker, a director at Wolverine World Wide Inc (WWW), exercised 9,515 restricted stock units.
- These units converted into 9,515 shares of common stock on a one-for-one basis.
- The restricted stock units were granted on May 3, 2023, and vested on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: This is a neutral event. It simply reflects the vesting and conversion of previously granted restricted stock units.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The exercise of restricted stock units by a director could have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/03/2023 | Reporting Person was granted 9,515 restricted stock units |
| 05/03/2024 | Restricted stock units vested and were converted into common stock |
| 05/07/2024 | Date of signature on the Form 4 filing |
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