Kuhn Susan J 4

What Happened
Susan J. Kuhn, President of the Active Group at Wolverine World Wide (WWW), had 5,408 restricted stock units convert into common shares on February 5, 2026. Of those shares, 1,834 were withheld to cover tax withholding at $18.10 per share (total $33,195), leaving a net 3,574 shares issued to her. These transactions reflect routine RSU vesting/conversion rather than an open-market buy or sale.

Key Details

• Transaction date: February 5, 2026. Filing date: February 9, 2026 (filing marked late).
• Conversion/exercise code: M (conversion of derivative/RSU); Tax withholding code: F (1,834 shares at $18.10 = $33,195).
• Gross shares converted: 5,408; shares withheld for taxes: 1,834; net shares received: 3,574.
• Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — These RSUs were part of a 16,224 grant on Feb 5, 2025 vesting one-third each year (one-third vested here = 5,408).
• Shares owned after transaction: the filing shows net 3,574 newly issued shares; the filer did not disclose total aggregate holdings in the provided summary.
• Timeliness: Filing appears late (transaction 2/5 filed 2/9); late Form 4s can be administrative oversights but are noted by regulators.

Context
This was a standard RSU vesting event, not an open-market sale or purchase. Withholding shares to cover taxes is a common, internal means of satisfying tax obligations and does not indicate directional trading intent. The M code denotes conversion/exercise of a derivative (here, RSUs converting to common stock) and F indicates shares used to pay taxes.