LAUDERBACK BRENDA J 4

What Happened
Brenda J. Lauderback, a director of Wolverine World Wide, was granted 342.85 shares (derivative stock units) on February 2, 2026. The filing values the award at $18.19 per share for a total reported value of $6,236. This transaction is an award (code A) of deferred stock units rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-02; filing date (Form 4): 2026-02-04 (appears timely).
• Award: 342.85 shares at $18.19 per share; total reported value $6,236.
• Transaction type/code: A (award/acquisition) recorded as a derivative instrument (stock units).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Units represent dividend equivalents on previously deferred amounts under the Outside Directors' Deferred Compensation Plan; common shares are issuable one-for-one in a lump sum or installments after the director leaves service or upon a change in control.

Context
This was a routine director compensation award (deferred stock units), not a market purchase or sale. Such awards compensate board service and are typically issued under the company's deferred compensation plan; they do not necessarily reflect insider buying or selling sentiment.