LAUDERBACK BRENDA J 4
Research Summary
AI-generated summary
Wolverine World Wide (WWW) Director Brenda Lauderback Sells 5,500 Shares
What Happened
Brenda J. Lauderback, a director of Wolverine World Wide, sold 5,500 shares in open-market dispositions on May 21, 2026. The weighted average sale price reported was $15.88 per share, for gross proceeds of approximately $87,340. This was a sale (S), which is often routine and does not necessarily indicate management sentiment about the company.
Key Details
- Transaction date: May 21, 2026 (filed May 22, 2026) — filing appears timely.
- Price: weighted average $15.88; reported range $15.87–$15.89 (footnote states shares were sold in multiple transactions and the reporter can provide a price-by-price breakdown on request).
- Shares sold: 5,500; Gross proceeds: ~$87,340.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Transaction code: S (Sale). No 10b5‑1 plan, tax withholding, or gift notation was indicated in the supplied details.
Context
Sales by directors are common for liquidity, diversification, or personal reasons; a single sale does not by itself signal a change in company fundamentals. Retail investors should consider this as one data point and review other insider activity, company results, and market context before drawing conclusions.