Latchana David A 4

What Happened David A. Latchana, Chief Legal Officer of Wolverine Worldwide (WWW), was granted restricted stock units and had shares withheld to satisfy tax obligations on Feb 11, 2026. The filing shows two award entries: 7,042 shares (acquired, $0.00) and 11,224 derivative shares (acquired, $0.00). To cover tax liability, 2,575 shares were surrendered/disposed at $17.82 per share, totaling $45,887. The awards are RSUs that convert one-for-one into common stock.

Key Details

• Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely filing).
• Grants: 7,042 RSUs (A) and 11,224 derivative RSUs (A) granted at $0.00.
• Tax withholding: 2,575 shares disposed (F) at $17.82 each = $45,887, to satisfy tax liability.
• Footnotes: F1 – RSUs convert into Common Stock 1:1. F2 – RSUs vest one-third on each of the first, second and third anniversaries, subject to continued employment.
• Shares owned after the transaction: not specified in this filing.

Context

• These awards are restricted stock units (RSUs); the disposal labeled F indicates shares were surrendered/withheld to pay taxes — a routine administrative step (cashless withholding), not an open-market sale.
• RSU grants + withholding are common when awards vest; purchases would be a stronger bullish signal, whereas withholding is neutral/routine.