VF Corp (VFC) CFO has 10,246 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VF Corp Executive Vice President and CFO Paul Aaron Vogel reported a routine tax-related share disposition. On the transaction date, 10,246 shares of common stock were withheld to cover tax obligations tied to vesting restricted stock units, at a value of $16.41 per share.
After this withholding event, Vogel directly holds 385,463.736 shares of VF Corp common stock. Because the shares were withheld by the company to satisfy taxes rather than sold in the market, this action reflects compensation-related administration rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vogel Paul Aaron
Role
Exec. Vice President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,246 | $16.41 | $168K |
Holdings After Transaction:
Common Stock — 385,463.736 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 10,246 shares
Withholding price: $16.41 per share
Post-transaction holdings: 385,463.736 shares
+2 more
5 metrics
Tax-withheld shares
10,246 shares
Shares withheld to satisfy tax obligations from RSU vesting
Withholding price
$16.41 per share
Value used for tax-withholding disposition of common stock
Post-transaction holdings
385,463.736 shares
Common stock directly held after tax-withholding event
Tax-withholding transactions
1 transaction
Single F-code tax-withholding disposition reported
Tax-withheld total shares summary
10,246 shares
TaxWithholdingShares in transaction summary
Key Terms
restricted stock units, tax withholding obligations, Form 4, Common Stock, +1 more
5 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"
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.
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.
transaction code "F" regulatory
"transaction_code": "F""
FAQ
What insider transaction did VF Corp (VFC) report for Paul Aaron Vogel?
VF Corp reported that CFO Paul Aaron Vogel had 10,246 common shares withheld to satisfy tax obligations from vesting restricted stock units, at $16.41 per share. This was a compensation-related tax withholding, not an open-market purchase or sale of stock.
Was the VF Corp (VFC) insider transaction an open-market sale?
No, the transaction was not an open-market sale. VF Corp disclosed that 10,246 shares were withheld to cover tax withholding obligations arising from the vesting of restricted stock units, making it an administrative compensation event rather than a discretionary sale into the market.
What does transaction code "F" mean in the VF Corp (VFC) Form 4?
Transaction code "F" indicates a payment of tax liability or exercise price by delivering securities. In this VF Corp filing, it reflects 10,246 shares withheld to satisfy tax withholding from restricted stock unit vesting, rather than a voluntary market sale by the executive.
Did VF Corp (VFC) disclose any derivative transactions for Paul Aaron Vogel?
No derivative transactions were listed in this disclosure. The filing shows only a single non-derivative transaction where 10,246 common shares were withheld for tax obligations, with no accompanying option exercises or other derivative-related entries for Paul Aaron Vogel in this report.