VF Corp (VFC) director reports 4,054 phantom stock units from deferred fees
Rhea-AI Filing Summary
VF Corp director reports phantom stock unit grant tied to deferred fees. On 12/26/2025, a VF Corp (VFC) director reported acquiring 4,054.054 phantom stock units (PSUs) under the VF Corporation Directors Deferred Savings Plan. Each PSU represents a right to receive the cash value of one share of VF Corp common stock and will be settled 100% in cash upon the director’s retirement.
The PSUs were acquired by electing to defer directors’ fees, with $18.50 of fees deferred for each PSU, based on the closing market price on the deferral date. Following this transaction, the director beneficially owned 90,287.7389 PSUs, which may change over time due to deemed reinvestment of dividends.
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FAQ
What insider transaction did VF Corp (VFC) report in this Form 4?
A VF Corp director reported acquiring 4,054.054 phantom stock units (PSUs) on 12/26/2025 under the VF Corporation Directors Deferred Savings Plan.
How are the VF Corp (VFC) phantom stock units valued and settled?
Each PSU is tied 1-for-1 to VF Corp common stock and was acquired by deferring $18.50 of directors’ fees per unit. The PSUs are settled 100% in cash upon the director’s retirement.
How many phantom stock units does the VF Corp (VFC) director own after this transaction?
After the reported transaction, the director beneficially owned 90,287.7389 phantom stock units, which may vary over time due to deemed reinvestment of dividends.
Does this VF Corp (VFC) Form 4 involve actual shares or cash-settled units?
The transaction involves phantom stock units, which are cash-settled rights based on VF Corp common stock, not actual shares issued at this time.
What plan governs the phantom stock units reported for VF Corp (VFC)?
The PSUs were accrued under the VF Corporation Directors Deferred Savings Plan, which allows directors to defer fees into phantom stock units.
Why might the number of VF Corp (VFC) phantom stock units change over time?
The filing notes that the number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends credited under the plan.