V F Corp (VFC) EVP stock withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
V F Corp executive Brent Hyder reported a routine share disposition tied to taxes rather than a market trade. On the vesting of restricted stock units, 20,405 shares of common stock were withheld by the company to satisfy tax withholding obligations at a value of $16.41 per share. After this tax-withholding event, Hyder directly holds 972,778.341 shares of V F Corp common stock, indicating he retains a substantial equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hyder Brent
Role
EVP, Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 20,405 | $16.41 | $335K |
Holdings After Transaction:
Common Stock — 972,778.341 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 20,405 shares
Withholding share value: $16.41 per share
Shares held after transaction: 972,778.341 shares
3 metrics
Shares withheld for taxes
20,405 shares
Withheld to satisfy tax obligations on RSU vesting
Withholding share value
$16.41 per share
Value used for tax-withholding disposition
Shares held after transaction
972,778.341 shares
Direct common stock ownership after tax withholding
Key Terms
restricted stock units, tax withholding obligations, Form 4
3 terms
restricted stock units financial
"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.
tax withholding obligations financial
"shares withheld to satisfy tax withholding obligations arising out of the vesting"
Form 4 regulatory
"This Form 4 shows a tax-withholding disposition, not an open‑market trade"
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 insider transaction did V F Corp (VFC) report for Brent Hyder?
V F Corp reported that executive Brent Hyder had shares withheld to cover taxes from restricted stock unit vesting. This Form 4 shows a tax-withholding disposition, not an open‑market trade, and reflects routine administration of equity compensation.