GERBER WILLIAM K 4

What Happened
William K. Gerber, a director of Wolverine World Wide, was granted 194.23 derivative share units on 2026-02-02 under an award/acquisition filing. The units are valued at $18.19 each for a total reported value of $3,533. This was an award of stock units (derivative), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-02 (reported on Form 4 filed 2026-02-04)
• Price used for calculation: $18.19 per share; total value ≈ $3,533
• Shares/units granted: 194.23 (derivative stock units representing dividend equivalents)
• Shares owned after transaction: not disclosed in the provided excerpt
• Footnote: award represents dividend equivalents on amounts previously deferred under the Company’s Outside Directors’ Deferred Compensation Plan; shares are issuable one-for-one in a lump sum or installments after the director’s service ends or upon a change in control
• Filing timeliness: Form 4 dated 2026-02-04 for a 2026-02-02 grant; no late-filing flag shown in the excerpt

Context
This grant reflects director compensation (dividend-equivalent units tied to deferred compensation) rather than an active market purchase or sale. The units are derivative and typically convert to common shares at a future date (post-termination or on a change in control), so this transaction is routine compensation-related activity rather than an immediate change in stock ownership available for trading.