4Filed Aug 3, 8:00 PM ET
Wolverine World Wide (WWW) Director Jeffrey Boromisa Receives Award
$WWW · WOLVERINE WORLD WIDE INC /DE/Research Summary
AI-generated summary of this SEC filing
Wolverine World Wide (WWW) Director Jeffrey Boromisa Receives Award
What Happened
Jeffrey M. Boromisa, a director of Wolverine World Wide Inc. (WWW), was credited with 366.54 stock units on 2026-08-03 at a unit value of $19.77, totaling about $7,246. This transaction is coded as an award (A) and represents derivative stock units (not an open-market purchase).
Key Details
- Transaction date: 2026-08-03; reported on Form 4 filed 2026-08-04 (timely filing).
- Instrument: 366.54 stock units @ $19.77 per unit; aggregate value ≈ $7,246.
- Transaction type: Award/Grant (A) — derivative units representing dividend equivalents.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Units are dividend-equivalent awards tied to amounts previously deferred under the Amended & Restated Outside Directors' Deferred Compensation Plan; common shares are issuable one-for-one in a lump sum or installments after the director leaves service or upon a change in control.
Context
This was an award of deferred/director compensation (dividend equivalents), not a cash purchase or sale of common stock. Such awards are routine for non-employee directors and do not necessarily indicate a change in the director's market view.