Form 4: Wolverine World Wide Executive Amy M. Klimek Reports Stock Transactions
SEC Form 4 Filing
Amy M. Klimek, Chief Human Resources Officer at Wolverine World Wide, reports the acquisition and disposal of common stock and restricted stock units on October 30, 2024.
Summary
- On October 30, 2024, Amy M. Klimek, Chief Human Resources Officer of Wolverine World Wide Inc., reported transactions involving the company's common stock and restricted stock units.
- Klimek acquired 20,351 shares of common stock through the conversion of restricted stock units.
- She also disposed of 8,823 shares of common stock at a price of $15.70.
- Following these transactions, Klimek directly owns 19,093 shares of common stock and indirectly owns 44,238 shares through the Austin Family Living Trust.
- She also directly owns 40,700 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's common for executives to receive and trade company stock as part of their compensation.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 10/30/2023 | Reporting person was granted 61,051 restricted stock units, vesting as follows, subject to the reporting person's continued employment: one-third on each of the first, second, and third year anniversaries of the grant date. |
| 10/30/2024 | Date of transactions involving common stock and restricted stock units. |
| 11/01/2024 | Date of signature by Power of Attorney. |
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