VF Corp officer has 1,613 shares withheld for taxes
V F Corp executive Michael Edward Phillips, the VP and Chief Accounting Officer, reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
V F Corp executive Michael Edward Phillips, the VP and Chief Accounting Officer, reported a routine tax-related share disposition. On the vesting of restricted stock units, 1,613 shares of common stock were withheld at $16.41 per share to cover tax obligations. After this withholding, he directly holds 55,658.082 shares of V F Corp common stock, indicating the event is compensation- and tax-driven rather than an open‑market sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,613 | $16.41 | $26K |
Footnotes (1)
- F1. Represents shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted stock units.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
tax-withholding disposition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did V F Corp (VFC) report for Michael Edward Phillips?
Was the VFC insider transaction by Michael Edward Phillips an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.