V F Corp director granted phantom stock units
V F Corp director Mark Samuel Hoplamazian increased his deferred compensation balance through a new phantom stock grant.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
V F Corp director Mark Samuel Hoplamazian increased his deferred compensation balance through a new phantom stock grant. He acquired 1,439.263 phantom stock units (PSUs) tied to VF common stock, credited at a reference price of $17.37 per PSU by deferring an equivalent amount of director fees.
These PSUs are accrued under the VF Corporation Directors Deferred Savings Plan and will be settled 100% in cash upon his retirement rather than in actual shares. After this grant, Hoplamazian holds a total of 30,807.5561 PSUs in his deferred account, with the PSU count subject to change over time due to deemed reinvestment of dividends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock-d | 1,439.263 | $17.37 | $25K |
Footnotes (4)
- F1. 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.
- F2. 1 for 1.
- F3. There is no date that should appear in these columns. These columns are not applicable to this particular filing.
- F4. Each PSU was acquired at the election of the Director by deferring $17.37 of fees per PSU.
Key Figures
Key Terms
Phantom Stock financial
PSUs financial
Directors Deferred Savings Plan financial
deemed reinvestment of dividends financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did V F Corp (VFC) director Mark Hoplamazian report on this Form 4?
How were the new phantom stock units for V F Corp (VFC) calculated?
What is the total phantom stock balance now held by the V F Corp (VFC) director?
Does this V F Corp (VFC) Form 4 indicate open-market buying or selling of stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.