Form 4: Wolverine World Wide Inc. Executive Reports Stock Transactions
SEC Form 4 Filing
David Latchana, Chief Legal Officer of Wolverine World Wide Inc., reports the vesting and disposal of restricted stock units.
Summary
- On April 29, 2025, David Latchana, the Chief Legal Officer of Wolverine World Wide Inc., reported transactions involving common stock and restricted stock units.
- Latchana acquired 2,610 shares of common stock through the vesting of restricted stock units.
- He also disposed of 740 shares to cover tax obligations at a price of $13.11 per share.
- Following these transactions, Latchana directly owns 24,253 shares of common stock and 5,219 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice among publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 04/29/2024 | Reporting Person was granted 7,829 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. |
| 04/29/2025 | Date of earliest transaction: vesting of restricted stock units and disposal of shares for tax obligations. |
| 05/01/2025 | Date of signature for the Form 4 filing. |
Keywords
Wolverine World Wide Inc., David Latchana, Chief Legal Officer, stock transaction, restricted stock units, Form 4, WWW
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