Form 4: Wolverine Worldwide Director Acquires Stock Units

Wolverine Worldwide director Jeffrey M. Boromisa acquired 320.47 stock units as dividend equivalents, increasing his beneficial ownership to 71,336.52 units.

Summary

• Director Jeffrey M. Boromisa acquired 320.47 stock units on August 1, 2025.
• These units represent dividend equivalents on amounts previously deferred under Wolverine Worldwide's Amended and Restated Outside Directors' Deferred Compensation Plan.
• Each stock unit is convertible into one share of Common Stock.
• The acquisition price per unit was $22.16.
• Following this transaction, Boromisa beneficially owns a total of 71,336.52 derivative securities, specifically stock units.
• Shares of Common Stock are issuable upon termination of service as a director or upon a change in control of Wolverine Worldwide.

Sentiment

Score: 7

Explanation: The acquisition of stock units by a director, even as dividend equivalents, is generally positive as it increases their beneficial ownership and aligns their interests with shareholders.

Positives

• Director Jeffrey M. Boromisa's beneficial ownership of stock units increased, aligning his interests with shareholders.

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

This filing details an insider transaction, which is a routine disclosure for publicly traded companies. It does not provide broader industry context or trends.

Related Party Transactions

• The transaction involves the award of stock units to a director as part of the Company's Amended and Restated Outside Directors' Deferred Compensation Plan.

Stakeholder Impact

• Shareholders: The increase in director beneficial ownership through stock units aligns the director's interests with those of the shareholders.

Next Steps

• Shares of Common Stock will be issuable upon termination of service as a director or upon a change in control of Wolverine Worldwide.

Key Dates

Keywords

Wolverine Worldwide, WWW, SEC Form 4, Insider Transaction, Stock Units, Director Compensation, Dividend Equivalents