VF Corp (NYSE: VFC) VP gets 20,959-share grant; 323 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
V F CORP executive Michael Edward Phillips, the VP and Chief Accounting Officer, received a grant of 20,959 shares of common stock at $16.70 per share. Of these, 323 shares were withheld at $16.54 per share to cover tax obligations tied to restricted stock unit vesting. Following these transactions, he directly holds 37,253.082 shares of V F CORP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Phillips Michael Edward
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 323 | $16.54 | $5K |
| Grant/Award | Common Stock | 20,959 | $16.70 | $350K |
Holdings After Transaction:
Common Stock — 37,253.082 shares (Direct, null)
Footnotes (1)
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Key Figures
Stock grant: 20,959 shares
Grant price: $16.70 per share
Tax withholding shares: 323 shares
+2 more
5 metrics
Stock grant
20,959 shares
Common stock award at $16.70 per share on May 22, 2026
Grant price
$16.70 per share
Value used for the 20,959-share common stock award
Tax withholding shares
323 shares
Shares withheld at $16.54 to satisfy tax obligations
Tax withholding price
$16.54 per share
Valuation for 323 shares withheld for taxes
Shares held after transactions
37,253.082 shares
Direct ownership after grant and tax withholding
Key Terms
restricted stock units, Grant, award, or other acquisition, tax withholding obligations, Form 4
4 terms
restricted stock units financial
"tax withholding obligations arising out of the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
tax withholding obligations financial
"shares withheld to satisfy tax withholding obligations arising out of the vesting"
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did V F CORP (VFC) insider Michael Edward Phillips acquire in this Form 4?
Michael Edward Phillips received a grant of 20,959 shares of V F CORP common stock at $16.70 per share. This was categorized as a grant or award acquisition and increased his direct equity stake in the company as executive compensation.
What transaction codes appear in Michael Phillips’ V F CORP (VFC) Form 4 and what do they mean?
The Form 4 shows code A for a grant, award, or other acquisition of 20,959 shares and code F for 323 shares withheld for tax obligations. Code F indicates shares delivered to cover taxes rather than an open-market sale.