Callodine Capital Management Acquires 5.96% Stake in Wolverine World Wide Inc.

2026-05-15SEC Filing SCHEDULE 13G (0000929638-26-001900)

Callodine Capital Management, LP, along with James S. Morrow, has filed a Schedule 13G indicating a new substantial position in Wolverine World Wide Inc. (WWW). As of the event date on March 31, 2026, the reporting persons beneficially own 4,505,165 shares of Common Stock, representing 5.96% of the company's outstanding shares. This filing marks an increase from a previously reported 0% ownership, establishing Callodine as a significant institutional shareholder. The shares are held for the benefit of investment advisory clients, with James S. Morrow exercising shared voting and dispositive power in his capacity as the managing member of Callodine's general partner. The filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The calculation of the ownership percentage is based on 81,980,999 shares of Common Stock outstanding as of March 9, 2026.