4Filed Jul 12, 8:00 PM ET
Wolverine (WWW) Director Jack Boyle Converts RSUs, Transfers 7,459
$WWW · WOLVERINE WORLD WIDE INC /DE/Research Summary
AI-generated summary of this SEC filing
Wolverine (WWW) Director Jack Boyle Converts RSUs, Transfers 7,459
What Happened
- Jack Boyle, a director of Wolverine Worldwide (WWW), converted 7,459 restricted stock units (RSUs) into 7,459 common shares on July 9, 2026. The filing shows an acquisition via conversion and a simultaneous disposition of the same 7,459 shares at $0.00 — i.e., no cash changed hands in the reported transfer.
Key Details
- Transaction date: July 9, 2026.
- Conversion: 7,459 RSUs converted one-for-one into 7,459 common shares (footnote: converts into shares on a one-for-one basis).
- Disposition: 7,459 shares reported disposed at $0.00; footnote indicates those shares are held by the John H. Boyle 2021 Trust (the reporting person’s wife is the trustee).
- Origin of award: These RSUs were granted on July 9, 2025 and vested on the first anniversary of the grant (i.e., the 7,459 RSUs vested on July 9, 2026).
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Form 4 was filed July 13, 2026 for a July 9 transaction; the filing appears timely (within the SEC’s two-business-day rule).
Context
- This was a conversion/settlement of RSUs, not an open-market sale — the shares resulted from vested RSUs and were then transferred to a family trust. Such transfers to related trusts are often administrative or estate-planning moves and do not by themselves indicate a buy/sell signal about the insider’s view of the company.