BOROMISA JEFFREY M 4

What Happened
Jeffrey M. Boromisa, a director of Wolverine World Wide, was granted 415.75 stock units on 2026-05-01 at an attributed value of $17.33 per unit, totaling about $7,205. The Form 4 reports this as an Award/Grant (transaction code A) and classifies the securities as derivative instruments.

Key Details

• Transaction date: 2026-05-01. Filing date: 2026-05-05.
• Amount: 415.75 stock units; reported value: $17.33/unit; total ≈ $7,205.
• Transaction code: A (award/grant — derivative).
• Shares owned after transaction: not disclosed on the filing.
• Footnote (F1): These units represent dividend equivalents on amounts previously deferred under the Company’s Amended and Restated Outside Directors' Deferred Compensation Plan. Shares of Common Stock are issuable one-for-one, either in a lump sum or in installments after the director leaves service or upon a change in control.
• Filing timeliness: filing shows transaction date and filing date; the Form 4 does not flag lateness.

Context
This was a compensation-related award of deferred stock units (derivative securities), not an open-market purchase or sale. Such awards are routine for outside directors and reflect deferred compensation mechanics rather than an immediate buy/sell signal about the insider's view of the stock. The units may convert to common shares later (post-service or on change in control) per the plan terms.