Form 4: Wolverine World Wide Director Brenda J. Lauderback Reports Stock Units Acquisition

Director Brenda J. Lauderback reports acquisition of stock units in Wolverine World Wide Inc. due to dividend equivalents.

Summary

• Brenda J. Lauderback, a director of Wolverine World Wide Inc., reported acquiring 278.95 stock units on February 3, 2025.
• The acquisition is due to dividend equivalents on previously deferred amounts under the company's Amended and Restated Outside Directors' Deferred Compensation Plan.
• Following the transaction, Lauderback directly owns 61,341.25 derivative securities.
• The price of the derivative security is $21.89.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through stock unit acquisitions.

Positives

• The acquisition of stock units reflects continued investment in the company by a director.

Future Outlook

Shares of Common Stock are issuable on a one-for-one basis in either a lump sum or installments after termination of service as a director or upon a change in control of the Issuer.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.

Key Dates