WOLVERINE WORLD WIDE INC /DE/·4

Feb 10, 8:10 PM ET

Klimek Amy M. 4

Research Summary

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Updated

Wolverine (WWW) CHRO Amy Klimek Converts RSUs, Withholds 6,381 Shares

What Happened
Amy M. Klimek, Chief Human Resources Officer of Wolverine World Wide (WWW), converted vested restricted stock units (RSUs) into 14,141 shares during Feb 7–9, 2026. To satisfy tax withholding obligations, 6,381 of those shares were withheld (disposed) for a cash value of $118,264, leaving Klimek with approximately 7,760 net shares from these vestings.

Breakdown by date:

  • Feb 7, 2026: 7,828 RSUs converted; 3,628 shares withheld at $18.59 for $67,445.
  • Feb 8, 2026: 4,203 RSUs converted; 1,833 shares withheld at $18.59 for $34,075.
  • Feb 9, 2026: 2,110 RSUs converted; 920 shares withheld at $18.20 for $16,744.

Key Details

  • Transaction types: M = exercise/conversion of derivatives (RSU vesting → shares); F = shares withheld to pay tax liability.
  • Total converted: 14,141 RSUs → 14,141 shares (one-for-one conversion per footnote).
  • Shares withheld for taxes: 6,381 shares, total cash value reported $118,264. Net retained from these vestings ≈ 7,760 shares.
  • Related grants (footnotes): 23,486 RSUs granted 2/7/2024 (1/3 vest each year), 12,608 RSUs granted 2/8/2023 (1/3 vest each year), and 7,032 RSUs granted 2/9/2022 (20/20/30/30% vesting schedule) — these vestings align with those schedules.
  • Filing: Form 4 filed Feb 10, 2026, covering Feb 7–9 transactions; no late-filing flag is indicated in the filing.

Context

  • These were vesting RSUs converting into common shares; the withheld shares were used to meet tax withholding obligations (a cashless/withholding settlement), not an open-market sale.
  • For retail investors: such withholding transactions are routine when RSUs vest and do not by themselves indicate a buy/sell opinion by the insider.