Latchana David A 4
4 · WOLVERINE WORLD WIDE INC /DE/ · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Wolverine (WWW) CLO David Latchana Receives RSU Shares
What Happened
David A. Latchana, Chief Legal Officer of Wolverine World Wide (WWW), had restricted stock units (RSUs) convert into 4,432 shares of common stock across Feb 7–9, 2026. To cover tax withholding obligations, the company withheld 1,826 of those shares (dispositions coded F), generating approximately $33,860 in proceeds; the net shares delivered to Latchana were 2,606. The filings also record the RSU-to-share conversion entries (code M).
Key Details
- Transaction dates and amounts:
- Feb 7, 2026: 2,637 RSUs converted; 1,105 shares withheld @ $18.59 each = $20,542
- Feb 8, 2026: 1,195 RSUs converted; 501 shares withheld @ $18.59 each = $9,314
- Feb 9, 2026: 600 RSUs converted; 220 shares withheld @ $18.20 each = $4,004
- Totals: 4,432 RSUs converted; 1,826 shares withheld; ~$33,860 withheld; net 2,606 shares issued to the insider
- Shares owned after the transaction: Not disclosed in this Form 4 filing.
- Footnotes: These were RSU vesting events — F1 notes RSUs convert 1-for-1; F2–F4 list grant dates and vesting schedules (grants from 2024, 2023, 2022 with scheduled anniversary vesting).
- Transaction codes: M = conversion/exercise of derivative (RSU conversion), F = payment of tax liability (share withholding).
- Filing timeliness: Form 4 was filed on Feb 10, 2026 (timely within the usual two-business-day window).
Context
These entries reflect scheduled RSU vesting and net-share settlement for taxes (company withheld shares to satisfy tax obligations). This is a routine compensation-related event rather than an open-market sale or purchase; the withheld shares are used to cover taxes, not a discretionary sale by the insider.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-07+2,637→ 23,635 total - Tax Payment
Common Stock
2026-02-07$18.59/sh−1,105$20,542→ 22,530 total - Exercise/Conversion
Common Stock
[F1]2026-02-08+1,195→ 23,725 total - Tax Payment
Common Stock
2026-02-08$18.59/sh−501$9,314→ 23,224 total - Exercise/Conversion
Common Stock
[F1]2026-02-09+600→ 23,824 total - Tax Payment
Common Stock
2026-02-09$18.20/sh−220$4,004→ 23,604 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-02-07−2,637→ 2,637 total→ Common Stock (2,637 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-08−1,195→ 0 total→ Common Stock (1,195 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-09−600→ 0 total→ Common Stock (600 underlying)
Footnotes (4)
- [F1]Restricted stock units convert into shares of Common Stock on a one-for-one basis.
- [F2]On February 7, 2024, the Reporting Person was granted 7,912 restricted stock units, vesting as follows, subject to the Reporting Person's continued employment: one-third on each of the first, second, and third year anniversaries of the grant date, respectively.
- [F3]On February 8, 2023, the reporting person was granted 3,584 restricted stock units, vesting as follows, subject to the reporting person's continued employment: one-third on each of the first, second, and third year anniversaries of the grant date, respectively.
- [F4]On February 9, 2022, the reporting person was granted 1,999 restricted stock units, vesting as follows, subject to the reporting person's continued employment: 20%, 20%, 30% and 30% on each of the first, second, third and fourth year anniversaries of the grant date, respectively.