Form 4: Wolverine World Wide Director Nicholas T. Long Reports Stock Unit Acquisition

Director Nicholas T. Long reports acquisition of stock units in Wolverine World Wide Inc. due to dividend equivalents.

Summary

• Nicholas T. Long, a director of Wolverine World Wide Inc., reported the acquisition of 98.06 stock units on February 3, 2025.
• 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 derivative security is $21.89.
• Following the transaction, Long directly owns 21,564.25 shares.
• 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: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It doesn't indicate significant positive or negative news about the company's performance.

Positives

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

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 routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a director's increased stake in the company, which can be viewed positively by investors.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment as it reflects a director's continued investment in the company.

Key Dates