Wolverine World Wide (WWW) Director William Gerber Receives Award

What Happened

• William K. Gerber, a director of Wolverine World Wide (NASDAQ: WWW), was credited with 180.73 stock units (derivative award) on 2026-08-03. The units are reported at $19.77 each for a total value of $3,573. This was an award/ grant (code A) of deferred stock units, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-03; filing date: 2026-08-04 (timely filed).
• Quantity and value: 180.73 units × $19.77 = $3,573 (reported as a derivative acquisition).
• Transaction code: A (award/grant); the units are derivative securities (not immediate common-stock transfers).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnote: These units are dividend equivalents credited under the Amended and Restated Outside Directors' Deferred Compensation Plan; shares are issuable one-for-one later — either in a lump sum or installments after the director leaves service or upon a change in control.

Context

• This is a routine director compensation event (deferred dividend-equivalent award), which is different from a market purchase or sale and does not necessarily signal a change in the director’s view of the company. The units are payable in shares upon termination of service or a change in control, so they are currently deferred rather than immediately tradable stock.