Wolverine World Wide (WWW) director adds 342.85 stock units in deferred award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wolverine World Wide director receives deferred stock units
Director Brenda J. Lauderback was credited with 342.85 stock units on February 2, 2026. These derivative securities are valued at $18.19 per unit and increase her total deferred stock units to 62,707.41, held directly.
The units represent dividend equivalents on amounts previously deferred under Wolverine World Wide’s Amended and Restated Outside Directors’ Deferred Compensation Plan. They are payable in shares of common stock on a one-for-one basis, either in a lump sum or installments after her board service ends or upon a change in control of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LAUDERBACK BRENDA J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 342.85 | $18.19 | $6K |
Holdings After Transaction:
Stock Units — 62,707.41 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did WWW director Brenda J. Lauderback report?
Brenda J. Lauderback reported an acquisition of 342.85 stock units on February 2, 2026. These units are awarded under Wolverine World Wide’s outside directors’ deferred compensation plan as dividend equivalents on previously deferred amounts, increasing her total deferred stock units to 62,707.41.
How many Wolverine World Wide stock units does Brenda Lauderback hold after this Form 4?
After this transaction, Brenda Lauderback beneficially owns 62,707.41 stock units. These represent deferred compensation as an outside director and are payable in Wolverine World Wide common shares on a one-for-one basis after her board service ends or upon a change in control.
What is the nature of the stock units awarded to WWW director Brenda Lauderback?
The 342.85 stock units are dividend equivalents on previously deferred amounts under the outside directors’ deferred compensation plan. Each unit will convert into one share of Wolverine World Wide common stock, paid either in a lump sum or installments after her service ends or upon a change in control.
At what price were the Wolverine World Wide stock units credited in this Form 4?
The 342.85 stock units were credited at a reference value of $18.19 per unit. This value is shown in the Form 4 for reporting purposes and applies to derivative securities awarded under the company’s Amended and Restated Outside Directors’ Deferred Compensation Plan.
Is Brenda Lauderback’s Wolverine World Wide stock unit holding direct or indirect?
Brenda Lauderback’s 62,707.41 stock units are reported as directly owned. They stem from deferred director compensation and represent a right to receive Wolverine World Wide common stock in the future, subject to plan terms related to service termination or a change in control.