V F Corp (VFC) director boosts deferred pay with new phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HOPLAMAZIAN MARK SAMUEL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock-d | 1,439.263 | $17.37 | $25K |
Holdings After Transaction:
Phantom Stock-d — 30,807.556 shares (Direct, null)
Footnotes (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 $17.37 of fees per PSU.
Key Figures
Phantom stock units granted: 1,439.2630 units
Reference fee per PSU: $17.37 per PSU
Total phantom units after grant: 30,807.5561 units
+2 more
5 metrics
Phantom stock units granted
1,439.2630 units
Grant on 2026-06-26 via deferred fees
Reference fee per PSU
$17.37 per PSU
Amount of director fees deferred per unit
Total phantom units after grant
30,807.5561 units
PSUs accrued in Directors Deferred Savings Plan
Conversion ratio
1-for-1
Each PSU tracks one VF common share in value
Exercise price
$0.00
PSUs credited as deferred fees, no exercise cost
Key Terms
Phantom Stock, PSUs, Directors Deferred Savings Plan, deemed reinvestment of dividends
4 terms
Phantom Stock financial
"Represents phantom stock units ("PSUs") accrued under the VF Corporation Directors Deferred Savings Plan"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
PSUs financial
"The number of PSUs acquired equals the amount of Directors' fees deferred"
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
Directors Deferred Savings Plan financial
"PSUs accrued under the VF Corporation Directors Deferred Savings Plan ("Plan")"
deemed reinvestment of dividends financial
"The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends"
FAQ
What did V F Corp (VFC) director Mark Hoplamazian report on this Form 4?
He reported acquiring 1,439.263 phantom stock units as deferred director fees. These units are a form of cash-settled deferred compensation linked to VF Corp’s common stock performance, not an open-market purchase or sale of actual shares.
How were the new phantom stock units for V F Corp (VFC) calculated?
Each phantom stock unit equals $17.37 of deferred director fees divided by VF Corp’s closing share price on the deferral date. Hoplamazian deferred fees so that 1,439.263 units were credited under the company’s Directors Deferred Savings Plan.
What is the total phantom stock balance now held by the V F Corp (VFC) director?
After this transaction, Mark Hoplamazian holds 30,807.5561 phantom stock units. This balance reflects his cumulative deferred fees plus deemed dividend reinvestments, and it will ultimately be paid out in cash at retirement.
Does this V F Corp (VFC) Form 4 indicate open-market buying or selling of stock?
No, this Form 4 reflects a grant of phantom stock units through fee deferral, not open-market trading. The director did not buy or sell VF Corp shares in the market; he adjusted how his board compensation is deferred.