Wolverine World Wide (WWW) Director Jeffrey Boromisa Sells 25,000 Shares

What Happened

• Jeffrey M. Boromisa, a director of Wolverine World Wide, sold 25,000 shares on September 1, 2026. The weighted average sale price was $19.58 per share, resulting in gross proceeds of approximately $489,500. The Form 4 reports the disposition as an "Open market or private sale."

Key Details

• Transaction date: September 1, 2026.
• Price: Weighted average $19.58; individual trades ranged from $19.26 to $20.10 (filing says detailed per‑trade prices available on request).
• Shares disposed: 25,000 shares; proceeds ≈ $489,500.
• Plan/authority: Sales were made pursuant to a Rule 10b5‑1 trading plan adopted March 11, 2026 (preplanned trading).
• Ownership after transaction: Not specified in the excerpted details of this filing.
• Holdings noted in footnotes: some shares are held by JELCO Investment Co LLC and The Jeffrey M. Boromisa Family Trust.
• Filing timeliness: Form filed Sept 3, 2026 reporting the Sept 1 transaction — filing appears timely.

Context

• This was a sale (disposition), not a purchase or option exercise. Because the trade was executed under a 10b5‑1 plan, it was preauthorized and typically reflects preplanned selling rather than an ad hoc decision based on current company developments.