Brenda J. Lauderback, a director at Wolverine World Wide Inc., has reported a transaction involving stock units. This filing is significant as it highlights her ongoing engagement with the company and its financial activities.
Background
Wolverine World Wide Inc. is a prominent player in the footwear industry, classified under the SIC code 3140. The company is known for its diverse range of footwear products and has a history of innovation in design and manufacturing. Recent filings include a Form 4 on November 3, 2026, which details Lauderback's stock unit transaction.
What the Filing Says
According to the filing, Lauderback acquired 296.21 stock units at a price of $21.40 per share on November 2, 2026. Following this transaction, she now owns a total of 63,684.48 shares in the company. The filing notes that these stock units represent dividend equivalents under the Company’s Amended and Restated Outside Directors' Deferred Compensation Plan.
Impact
This transaction may affect shareholders and potential investors who are monitoring the actions of the company’s directors. Lauderback's continued investment in Wolverine World Wide Inc. could signal confidence in the company's future performance.
What's Next
The filing does not say what happens next.
Details of the Transaction
The filing specifies that the transaction was coded as 'A', indicating an acquisition of stock units. Lauderback's ownership following this transaction consists entirely of direct ownership, as noted in the filing. This transaction reflects her ongoing commitment to the company's deferred compensation plan, which allows directors to defer compensation into stock units.
Company Information
Wolverine World Wide Inc. is incorporated in Michigan and is classified under the SIC code 3140, which pertains to the footwear sector. The company's fiscal year ends on December 30, and its business operations are based in Rockford, Michigan.
Signature and Filing Details
The filing was signed by David Latchana, acting by power of attorney for Lauderback, on November 3, 2026. This formal signature process is standard for SEC filings and ensures the accuracy and authenticity of the reported information.
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