V F Corp director awarded 1,524 phantom units
V F Corp director Mark Samuel Hoplamazian acquired 1,524.390 phantom stock units through a deferred fee arrangement.
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Rhea-AI Filing Summary
V F Corp director Mark Samuel Hoplamazian acquired 1,524.390 phantom stock units through a deferred fee arrangement. These units, valued at $16.40 per PSU based on the closing market price on the deferral date, are credited under the VF Corporation Directors Deferred Savings Plan.
The phantom stock units track the value of V F Corp common stock on a 1-for-1 basis and are to be settled 100% in cash upon the director’s retirement. Following this grant, the director holds a total of 29,225.0621 phantom stock units, which may change over time due to deemed reinvestment of dividends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock-d | 1,524.39 | $16.40 | $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 $16.40 of fees per PSU.
Key Figures
Key Terms
phantom stock units financial
Directors Deferred Savings Plan financial
deemed reinvestment of dividends financial
grant, award, or other acquisition 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 1,524.390 phantom stock units for V F Corp (VFC) calculated?
Are the V F Corp (VFC) phantom stock units settled in stock or cash?
What is Mark Hoplamazian’s total phantom stock position in V F Corp (VFC)?
Does this V F Corp (VFC) Form 4 reflect an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.