WOLVERINE WORLD WIDE INC /DE/·4

Feb 4, 4:23 PM ET

BOROMISA JEFFREY M 4

Research Summary

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Wolverine (WWW) Director Jeffrey Boromisa Receives Stock Award

What Happened

  • Jeffrey M. Boromisa, a director of Wolverine World Wide, received an award of 393.93 shares (stock units) on 2026-02-02. The filing reports a per-share value of $18.19, for a total reported value of $7,166. This was an award/other acquisition (transaction code A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-02-02; Form 4 filed: 2026-02-04 (filed within the standard 2-business-day window).
  • Shares awarded: 393.93 stock units at $18.19 per unit; total reported value $7,166.
  • Shares owned after transaction: not specified in the provided filing.
  • Footnote: These are stock units representing dividend equivalents on amounts previously deferred under the Company’s Amended and Restated Outside Directors' Deferred Compensation Plan. Shares are issuable one-for-one in a lump sum or installments after a director’s service ends or upon a change in control.
  • Transaction code: A = Award/Grant (derivative), not a purchase (P) or sale (S).

Context

  • This award is part of routine director deferred compensation (a derivative award of stock units), so it reflects compensation mechanics rather than an immediate market bet by the director. Shares are payable later (post-service or on change in control), so no immediate open-market activity or cashless exercise occurred.