Form 4: Wolverine World Wide Director Exercises Restricted Stock Units

Nicholas T. Long, a director at Wolverine World Wide, exercised restricted stock units converting into 6,140 shares of common stock on April 29, 2025.

Summary

• On April 29, 2025, Nicholas T. Long, a director of Wolverine World Wide Inc., exercised restricted stock units.
• This transaction involved the conversion of 6,140 restricted stock units into 6,140 shares of common stock.
• Following the transaction, Long directly owns 52,852 shares of Wolverine World Wide Inc. common stock.
• The restricted stock units were granted on April 29, 2020, and vested on the first anniversary of the grant date, with Long electing to defer receipt of the shares until April 29, 2025.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard transaction related to executive compensation and doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is a common occurrence for publicly traded companies. It provides transparency into the actions of company directors regarding their holdings of company stock.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it slightly increases the number of outstanding shares.

Key Dates

Keywords

Wolverine World Wide, Director, Restricted Stock Units, Common Stock, Beneficial Ownership, Form 4, Securities