Form 4: Wolverine Worldwide Chief HR Officer Transfers Shares to Family Trust

Sentiment:

Insider Transaction Report


Amy M. Klimek, Chief Human Resources Officer of Wolverine World Wide Inc., transferred 35,751 shares of common stock to a family trust on May 28, 2025.

Summary

  • Amy M. Klimek, the Chief Human Resources Officer of WOLVERINE WORLD WIDE INC /DE/ (WWW), reported a change in beneficial ownership.
  • On May 28, 2025, Ms. Klimek disposed of 35,751 shares of Common Stock directly.
  • Concurrently, 35,751 shares of Common Stock were acquired indirectly by the Austin Family Living Trust.
  • Both transactions were reported with a price of $0, indicating a transfer rather than a sale or purchase.
  • The Austin Family Living Trust, of which Ms. Klimek and her husband are trustees, now beneficially owns 55,989 shares indirectly following these transactions.

Sentiment

Score: 5

Explanation: The document reports a neutral event, a transfer of shares to a family trust, which does not represent a sale or purchase for value and thus has no direct positive or negative financial implications for the company or its stock price.

Management Comments

  • The transfer of shares was made to the Austin Family Living Trust, of which the Reporting Person and her husband are the trustees.
  • Shares are held by the Austin Family Living Trust, of which the Reporting Person and her husband are the trustees.

Industry Context

This filing is a routine insider transaction report (Form 4) and does not provide information relevant to broader industry trends or competitive dynamics. It solely details a change in the form of beneficial ownership for an executive.

Related Party Transactions

  • Transfer of 35,751 shares of common stock to the Austin Family Living Trust, where the reporting person and her husband serve as trustees.

Stakeholder Impact

  • Shareholders: Minimal direct impact as this is a change in the form of ownership for an insider, not a sale into the open market. The total economic interest of the insider remains largely unchanged.
  • Employees, Customers, Suppliers, Creditors: No direct impact from this specific transaction.

Key Dates

DateDescription
05/28/2025Date of transaction where shares were transferred to the Austin Family Living Trust.
05/29/2025Date the Form 4 was signed by David Latchana by Power of Attorney.

Keywords

Wolverine World Wide Inc., WWW, SEC Form 4, Insider Transaction, Beneficial Ownership, Stock Transfer, Family Trust, Amy M. Klimek, Chief Human Resources Officer

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