Wilson-Thompson Kathleen 4

What Happened
Kathleen Wilson‑Thompson, a director of Wolverine World Wide Inc. (WWW), had 3,118 restricted stock units (RSUs) convert into 3,118 shares of common stock on May 6, 2026. The Form 4 reports a conversion/exercise-type derivative transaction (code M) where the RSUs were converted to shares; no cash was paid (reported price $0.00 / value N/A). This was not a sale or open-market purchase — it is the scheduled conversion of an award.

Key Details

• Transaction date: May 6, 2026 (reported on Form 4 filed May 8, 2026). Transaction code: M (exercise/conversion of derivative).
• Shares converted/received: 3,118 common shares. Reported sale/disposition line shows $0.00 (this reflects conversion of the derivative instrument, not a cash sale).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: F1 — RSUs convert into common stock on a one-for-one basis. F2 — These 3,118 RSUs were granted May 6, 2021 (vesting originally on the first anniversary); the reporting person elected to defer receipt of the underlying shares until May 6, 2026.
• Filing timeliness: Form filed two days after the conversion date (May 8 for May 6 transaction), consistent with standard Form 4 reporting timelines.

Context
This was a scheduled conversion of deferred RSUs into shares (no cash proceeds and no immediate sale), so it is administrative in nature rather than a market-direction signal. For retail investors, conversions of awards increase insider holdings but do not by themselves indicate buying or selling intent.