WOLVERINE WORLD WIDE INC /DE/·4

Feb 9, 6:53 PM ET

Klimek Amy M. 4

Research Summary

AI-generated summary

Updated

Wolverine (WWW) CHRO Amy Klimek Exercises RSUs; 1,397 Shares Withheld

What Happened

  • Amy M. Klimek, Chief Human Resources Officer of Wolverine World Wide (WWW), had 2,855 restricted stock units (RSUs) convert into common shares on Feb 5, 2026. Of those, 1,397 shares were withheld to satisfy tax withholding at $18.10/share, producing $25,286 in value. The RSU units were canceled on conversion; Klimek retained the remaining 1,458 shares (2,855 vested − 1,397 withheld).

Key Details

  • Transaction date: February 5, 2026; Form 4 filed February 9, 2026 (timely filing).
  • Vesting/Conversion: 2,855 RSUs converted into 2,855 common shares (transaction code M).
  • Tax withholding: 1,397 shares withheld/disposed to cover taxes at $18.10 each, totaling $25,286 (transaction code F).
  • Net shares retained: 1,458 shares after withholding.
  • Footnotes: F1—RSUs convert one-for-one into common stock. F3—these RSUs were from a Feb 5, 2025 grant of 8,563 RSUs that vest one-third each year. F2 references shares held by a family trust (trustees: reporting person and spouse).
  • No evidence of an open-market sale; withholding appears to be routine tax withholding on vesting.

Context

  • This is a routine RSU vesting and tax-withholding transaction (not an open-market sale or purchase). The RSU units are derivatives that converted to stock and were then partially surrendered to cover taxes (a common "sell-to-cover" process). The filing appears timely under SEC Form 4 rules.