4Filed Jul 14, 8:00 PM ET
Wolverine Worldwide (WWW) Director Jeffrey M Boromisa Sells 25,000 Shares
$WWW · WOLVERINE WORLD WIDE INC /DE/Research Summary
AI-generated summary of this SEC filing
Wolverine Worldwide (WWW) Director Jeffrey M Boromisa Sells 25,000 Shares
What Happened
Jeffrey M Boromisa, a director of Wolverine Worldwide (WWW), disposed of 25,000 shares in open‑market sales on July 13, 2026. The weighted average sale price was $18.14 per share, for total proceeds of approximately $453,500. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: July 13, 2026; Form 4 filed July 15, 2026 (appears timely for a Form 4 filing).
- Transaction type/code: Open‑market sale (S).
- Shares sold: 25,000; weighted average price: $18.14; total value ≈ $453,500. Prices in the trades ranged from $18.00 to $18.36.
- Footnote: Sales were effected under a Rule 10b5‑1 trading plan adopted March 11, 2026. The filer can provide a breakdown of number of shares sold at each price within the $18.00–$18.36 range upon request.
- Ownership vehicles noted: shares are/were held by JELCO Investment Co LLC and The Jeffrey M Boromisa Family Trust (as reported in the filing).
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
Sales executed under a Rule 10b5‑1 plan are pre‑scheduled and common for insiders managing diversification or liquidity needs; they do not, by themselves, indicate the insider’s view of the company’s prospects. This filing reports a routine disposition rather than a purchase or option exercise.