Boyle Jack 4
Research Summary
AI-generated summary
Wolverine (WWW) Director Jack Boyle Receives Award of 9,113 RSUs
What Happened
- Jack Boyle, a director of Wolverine World Wide, was granted 9,113 restricted stock units (RSUs) on May 7, 2026. The award was reported as a derivative acquisition at a reported price of $0.00 (typical for compensation awards). These RSUs convert into one share of common stock each on a one-for-one basis and vest on May 7, 2027.
Key Details
- Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (filed on the SEC on the reporting due date).
- Transaction type: Award/Grant of RSUs (code A on Form 4); reported acquisition amount: 9,113 RSUs; reported price: $0.00.
- Conversion: Each RSU converts into one share of common stock on a one-for-one basis (Footnote F1).
- Vesting: The RSUs vest on May 7, 2027 (Footnote F2).
- Shares owned after transaction: Not specified in the provided filing details.
- Timeliness: Filing appears timely (filed within the Form 4 two-business-day window).
Context
- This is a compensation award (an RSU grant), not an open-market purchase or sale; such awards are routine for executives and directors and reflect compensation, not necessarily an immediate market signal.
- The award is a derivative grant that will become common shares upon vesting and conversion; there is no immediate cash transaction or sale reported.