Form 4: Wolverine World Wide Director Kollat Receives Stock Units as Dividend Equivalents

Director David T. Kollat acquired stock units representing dividend equivalents on previously deferred compensation.

Summary

• On May 1, 2025, David T. Kollat, a director of Wolverine World Wide Inc., acquired 709.15 stock units.
• These stock units represent dividend equivalents on amounts previously deferred under the company's Amended and Restated Outside Directors' Deferred Compensation Plan.
• The price of the stock units was $13.15.
• Following the transaction, Kollat directly owns 93,962.24 stock units.
• 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.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

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

This filing is a routine disclosure of stock unit awards to a company director, which is a common practice in corporate governance to align the interests of directors with those of shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholder value by aligning director interests with company performance.

Key Dates

Keywords

stock units, dividend equivalents, director, Wolverine World Wide, WWW, Form 4, beneficial ownership, deferred compensation