V F Corp (NYSE: VFC) director defers fees into phantom stock units

Rhea-AI Filing Summary

V F Corp director Richard Carucci increased his deferred compensation tied to company performance. He acquired 4,573.171 phantom stock units by electing to defer directors' fees at $16.40 of fees per unit. These units track V F Corp common stock on a 1-for-1 basis and are settled 100% in cash upon his retirement.

Following this grant, Carucci holds a total of 95,326.7499 phantom stock units under the company’s Directors Deferred Savings Plan, with balances able to change over time through deemed dividend reinvestment.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Carucci Richard

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock-d	4,573.171	$16.40	$75K

Holdings After Transaction: Phantom Stock-d — 95,326.75 shares (Direct)

Footnotes (1)

1. Represents phantom stock units ("PSUs") accrued under the VF Corporation Directors Deferred Savings Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (closing market price) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends. 1 for 1. There is no date that should appear in these columns. These columns are not applicable to this particular filing. Each PSU was acquired at the election of the Director by deferring $16.40 of fees per PSU.

Key Figures

Phantom stock units granted: 4,573.171 PSUs Fees deferred per unit: $16.40 Total phantom units after grant: 95,326.7499 PSUs +1 more

4 metrics

Phantom stock units granted 4,573.171 PSUs Director fee deferral on March 27, 2026

Fees deferred per unit $16.40 Directors’ fees deferred for each phantom stock unit

Total phantom units after grant 95,326.7499 PSUs Carucci’s beneficial holdings following the transaction

Conversion ratio 1 for 1 Each phantom stock unit tracks one V F Corp common share

Key Terms

phantom stock units, Directors Deferred Savings Plan, deemed reinvestment of dividends, phantom stock-d

4 terms

phantom stock units financial

"Represents phantom stock units ("PSUs") accrued under the VF Corporation Directors Deferred Savings Plan"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Directors Deferred Savings Plan financial

"accrued under the VF Corporation Directors Deferred Savings Plan ("Plan"), to be settled 100% in cash"

deemed reinvestment of dividends financial

"The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends."

phantom stock-d financial

"security_title: "Phantom Stock-d" for the reported derivative transaction"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Carucci Richard

(Last) (First) (Middle)

1551 WEWATTA STREET

(Street)

DENVER COLORADO 80202

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
V F CORP [ VFC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock-d(1)	(2)	03/27/2026		A		4,573.171		(3)	(3)	Common Stock	4,573.171	$16.4(4)	95,326.7499	D

Explanation of Responses:

1. Represents phantom stock units ("PSUs") accrued under the VF Corporation Directors Deferred Savings Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (closing market price) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends.

2. 1 for 1.

3. There is no date that should appear in these columns. These columns are not applicable to this particular filing.

4. Each PSU was acquired at the election of the Director by deferring $16.40 of fees per PSU.

	/s/ Vivian Coates for Richard Carucci (pursuant to signing authority on file)	03/31/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did V F Corp (VFC) director Richard Carucci report in this Form 4?

Richard Carucci reported receiving 4,573.171 phantom stock units as deferred director fees. Each unit reflects $16.40 of fees and tracks one share of V F Corp common stock, increasing his total phantom stock holdings to 95,326.7499 units.

How were the VFC phantom stock units for Richard Carucci calculated?

Each phantom stock unit equals $16.40 of deferred directors’ fees divided by the closing market price on the deferral date. Carucci elected to defer his fees, so the 4,573.171 units directly reflect that cash compensation turned into cash-settled phantom stock credits.

Are Richard Carucci’s V F Corp phantom stock units settled in stock or cash?

The phantom stock units are settled 100% in cash upon Carucci’s retirement. Although they track V F Corp common stock on a 1-for-1 basis, they represent a cash-based deferred compensation promise rather than actual shares of stock.

How many VFC phantom stock units does Richard Carucci hold after this transaction?

After this transaction, Carucci beneficially holds 95,326.7499 phantom stock units under the Directors Deferred Savings Plan. This total can vary over time because the plan assumes dividend reinvestment, changing the number of units credited to his account.

What is the V F Corp Directors Deferred Savings Plan mentioned in the Form 4?

The Directors Deferred Savings Plan lets directors defer their fees into phantom stock units instead of cash. These units mirror V F Corp’s share price and dividends, then pay out 100% in cash upon a director’s retirement, aligning compensation with company performance.