Form 4: Wolverine World Wide Director Nicholas T. Long Reports Acquisition and Disposal of Common Stock and Derivative Securities

Sentiment:

SEC Form 4 Filing


Director Nicholas T. Long reports changes in beneficial ownership of Wolverine World Wide Inc. securities, including acquisitions and disposals of common stock and derivative securities.

Summary

  • On May 2, 2025, Nicholas T. Long, a director of Wolverine World Wide Inc., reported transactions involving the company's securities.
  • Long acquired 23,416 shares of common stock through the conversion of restricted stock units.
  • Following the transaction, Long directly owns 76,268 shares of common stock.
  • Long also acquired 19,392 restricted stock units that vest on May 1, 2026, but receipt of shares is deferred until May 1, 2030.
  • Additionally, Long acquired 163.99 stock units representing dividend equivalents, convertible to common stock on a one-for-one basis.
  • Long disposed of 23,416 restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard disclosure of insider trading activity. There is no indication of positive or negative sentiment towards the company.

Positives

  • The director's continued holding of a significant number of shares demonstrates confidence in the company.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the actions of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the transactions of a company director.

Key Dates

DateDescription
05/01/2025Date of earliest transaction reported.
05/01/2026Restricted Stock Units vest.
05/01/2030Deferred receipt of shares from Restricted Stock Units.
05/02/2025Date of common stock acquisition and disposal of restricted stock units.
05/05/2025Date of signature on the report.

Keywords

Wolverine World Wide Inc., Nicholas T. Long, Director, Form 4, Beneficial Ownership, Common Stock, Restricted Stock Units, Stock Units, Dividend Equivalents, Securities

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