Kuhn Susan J 4
Research Summary
AI-generated summary
Wolverine WWW President Susan Kuhn Receives RSU Award; Shares Withheld
What Happened Susan J. Kuhn, President of the Active Group at Wolverine Worldwide (WWW), was granted restricted stock units (RSUs) on Feb 11, 2026: 17,000 RSUs (award) plus 20,203 RSUs (derivative award), for a total of 37,203 RSUs. On the same date 4,907 shares were disposed/withheld to satisfy tax withholding at $17.82 per share, yielding $87,443. The awards show $0 acquisition price (typical for RSUs).
Key Details
- Transaction dates: 2026-02-11 (grant and tax withholding/disposition).
- Grants: 17,000 RSUs @ $0.00 (award) and 20,203 RSUs @ $0.00 (derivative award).
- Tax withholding/disposition: 4,907 shares sold/withheld @ $17.82 = $87,443 (code F).
- Shares owned after the transactions: not specified in the 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 date.
- Filing timeliness: Report filed Feb 13, 2026 for transactions on Feb 11, 2026 (appears timely under Form 4 rules).
Context RSU grants are common executive compensation and represent a future entitlement to company stock that vests over time; these awards were recorded as $0 acquisition price because RSUs are granted rather than purchased. The 4,907-share disposition was a withholding/cashless action to cover tax liabilities tied to the grant, not an open-market sale signaling investment intent. The derivative entry denotes the grant is in the form of RSUs (convertible to shares as they vest).