Wolverine World Wide (WWW) Director Brenda Lauderback Receives Award

What Happened Brenda J. Lauderback, a director of Wolverine World Wide, received an award of 319.02 stock units on August 3, 2026. The units were valued at $19.77 each, for a total reported value of approximately $6,307. The transaction is reported as an award/other acquisition (code A) and is treated as a derivative award rather than an immediate issuance of common shares.

Key Details

• Transaction date: 2026-08-03; Form 4 filed: 2026-08-04 (timely filing).
• Transaction type/code: Award (A) — derivative stock units.
• Units granted: 319.02; price used for valuation: $19.77 per unit; total value: ~$6,307.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote (summary): Award represents stock units that are dividend equivalents on previously deferred amounts under the company’s Outside Directors' Deferred Compensation Plan. Common shares are issuable one-for-one later (lump sum or installments) after the director’s service ends or upon a change in control.
• No evidence in the filing of a 10b5-1 plan, sale, or tax-withholding disposition tied to this award.

Context These are deferred compensation stock units (derivative awards), not an immediate open-market purchase or sale. Such awards are common for non-employee directors and reflect compensation terms rather than an active buy/sell decision by the insider. The units convert to common shares later under the plan’s payout conditions.