VF Corp (NYSE: VFC) director defers fees into phantom stock units
Rhea-AI Filing Summary
VF Corp director Mark S. Hoplamazian reported an acquisition of 1,689.189 phantom stock units on 12/26/2025 under the VF Corporation Directors Deferred Savings Plan. These phantom stock units are a form of deferred director fees, where the number of units equals the fees deferred divided by the closing market price of VF Corp stock on the deferral date.
The filing shows that, after this transaction, the director beneficially owned 27,559.2351 phantom stock units in total, held directly. Each unit is linked 1-for-1 to VF Corp common stock value but will be settled 100% in cash upon the director’s retirement, and the balance can change over time as dividends are deemed reinvested.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock-d | 1,689.189 | $18.50 | $31K |
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 $18.50 of fees per PSU.
FAQ
What insider transaction did VF Corp (VFC) report in this Form 4?
A VF Corp director reported acquiring 1,689.189 phantom stock units on 12/26/2025 under the VF Corporation Directors Deferred Savings Plan.
How many VF Corp phantom stock units does the director hold after this transaction?
Following the reported transaction, the director beneficially owned 27,559.2351 phantom stock units, all held in a direct capacity.
What are the phantom stock units reported by VF Corp (VFC) in this filing?
The phantom stock units are PSUs accrued under the VF Corporation Directors Deferred Savings Plan, representing deferred directors' fees that track VF Corp common stock value.
How are the VF Corp director’s phantom stock units valued and credited?
The number of phantom stock units equals the amount of directors' fees deferred divided by the closing market price per share on the deferral date, with units changing over time due to deemed dividend reinvestment.
When will the VF Corp phantom stock units reported in this Form 4 be settled?
The filing states the phantom stock units will be settled 100% in cash upon the reporting person's retirement from VF Corp.
What price per unit is associated with the VF Corp director’s deferred fees?
Each phantom stock unit in this transaction was acquired by electing to defer $18.50 of directors' fees per unit, as disclosed in the explanation of responses.