V F CORP (VFC) CEO Bracken granted 395K shares and 547K-share option
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
V F CORP President & Chief Executive Officer Darrell Bracken received equity compensation consisting of restricted common stock and stock options. He was granted 395,210 shares of common stock at a grant price of $16.70 per share, increasing his direct common stock holdings to 1,400,370.273 shares.
He was also granted a FY 2027 non-qualified stock option for 547,306 shares of common stock with an exercise price of $16.70 per share and an expiration date of May 21, 2036. According to the footnote, this option will vest in three substantially equal annual installments beginning on May 22, 2027. These transactions are coded as grants/awards rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Darrell Bracken
Role
President & Chief Exec Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | FY 2027 Non-qualified Stock Option (Right to Buy) | 547,306 | $0.00 | -- |
| Grant/Award | Common Stock | 395,210 | $16.70 | $6.60M |
Holdings After Transaction:
FY 2027 Non-qualified Stock Option (Right to Buy) — 547,306 shares (Direct, null);
Common Stock — 1,400,370.273 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Common stock grant: 395,210 shares at $16.70
Shares held after grant: 1,400,370.273 shares
Option grant size: 547,306 option shares
+4 more
7 metrics
Common stock grant
395,210 shares at $16.70
Equity award on May 22, 2026
Shares held after grant
1,400,370.273 shares
Direct common stock holdings after transactions
Option grant size
547,306 option shares
FY 2027 non-qualified stock option
Option exercise price
$16.70 per share
Exercise price for FY 2027 non-qualified stock option
Option expiration
May 21, 2036
Expiration date of FY 2027 non-qualified stock option
Option vesting start
May 22, 2027
First vesting date; three annual installments
Acquisition transactions
2 grants
Both reported as grant/award acquisitions (code A)
Key Terms
Non-qualified Stock Option, grant/award acquisition, vest, exercise price, +1 more
5 terms
Non-qualified Stock Option financial
"FY 2027 Non-qualified Stock Option (Right to Buy)"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
vest financial
"This option will vest in three substantially equal annual installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
exercise price financial
"conversion_or_exercise_price": "16.7000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did V F CORP (VFC) CEO Darrell Bracken report in this Form 4?
Darrell Bracken reported receiving equity compensation grants, not open-market trades. He was awarded 395,210 shares of common stock and a non-qualified stock option for 547,306 shares, both tied to a grant price of $16.70 per share as part of his compensation.
What are the key terms of Darrell Bracken’s new V F CORP stock option?
The new non-qualified stock option covers 547,306 shares of V F CORP common stock at an exercise price of $16.70 per share. It expires on May 21, 2036 and represents a right to buy shares in the future if vesting and exercise conditions are met.
When will Darrell Bracken’s V F CORP stock option start vesting?
The option will begin vesting on May 22, 2027. According to the footnote, it vests in three substantially equal annual installments starting on that date, meaning the rights to exercise portions of the option accrue over three years.
Were these V F CORP (VFC) transactions open-market buys or sells?
These transactions were not open-market buys or sells. They are coded as “A” transactions, described as grant, award, or other acquisition. Bracken received shares and options as part of compensation rather than trading existing shares in the market.
What price is associated with the V F CORP common stock granted to Darrell Bracken?
The common stock grant and the underlying shares for the stock option use a reference price of $16.70 per share. This price functions as the grant price for the stock award and as the exercise price for the non-qualified stock option reported in the Form 4.