Hufnagel Christopher 4

What Happened

• Christopher Hufnagel, President and CEO of Wolverine Worldwide (WWW), received RSU-related share activity on Feb 11, 2026: 33,898 shares were acquired (converted) at $0.00 and he was granted 101,011 restricted stock units (RSUs, derivative) at $0.00. To cover tax liabilities, 14,780 shares were disposed (withheld) at $17.82 each for proceeds of $263,380 (code F).

Key Details

• Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely within the usual 2-business-day window).
• Grants/Acquisitions: 33,898 shares acquired (conversion) and 101,011 RSUs granted — total RSU-related increase = 134,909 shares.
• Tax withholding: 14,780 shares withheld/ disposed at $17.82 each, total $263,380 (reported as payment of tax liability).
• Shares owned after transaction: not specified in this filing.
• Footnotes: F1 — RSUs convert one-for-one into common shares. F2 — RSUs vest one-third on each of the first, second and third anniversaries of the grant, subject to continued employment.

Context

• The 101,011 items are RSU awards (derivative securities) rather than open-market purchases; the 33,898 amount appears to be RSUs converting into actual shares. The 14,780-share disposal is a common tax-withholding action (code F) and is not necessarily an intentional market sale of shares.
• For retail investors: RSU grants are typically compensation-related and reflect company-paid equity, while shares withheld for taxes are routine administrative transactions.