Form 4: Wolverine World Wide CFO Receives Stock Grants

Taryn L. Miller, CFO of Wolverine World Wide, reports the acquisition of restricted stock units.

Summary

• Taryn L. Miller, Chief Financial Officer of Wolverine World Wide Inc., filed a Form 4 on May 14, 2024, reporting changes in beneficial ownership.
• On May 10, 2024, Miller acquired 14,826 restricted stock units that vest 50% on each of the first and second year anniversaries of the grant date.
• Additionally, Miller acquired 17,791 restricted stock units that vest one-third on each of the first, second, and third year anniversaries of the grant date.
• These restricted stock units convert into shares of Common Stock on a one-for-one basis and have no expiration date.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock grants, which is neutral in sentiment.

Positives

• The acquisition of restricted stock units suggests confidence in the company's future performance from the perspective of the board.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The granting of restricted stock units aligns the CFO's interests with those of the shareholders.

Key Dates