V F CORP (VFC) director defers fees into 1,799 phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
V F CORP director Matthew J. Shattock reported receiving an award of phantom stock units under the company’s Directors Deferred Savings Plan. He acquired 1,799.079 phantom stock units (PSUs), each economically tied on a 1-for-1 basis to a share of common stock.
The PSUs were credited by deferring director fees, with $17.37 of fees deferred per PSU, and will be settled 100% in cash upon his retirement rather than in actual shares. Following this award, Shattock holds a total of 43,408.415 PSUs under the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shattock Matthew J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock-d | 1,799.079 | $17.37 | $31K |
Holdings After Transaction:
Phantom Stock-d — 43,408.415 shares (Direct, null)
Footnotes (1)
- Represents phantom stock units ("PSUs") accrued under the VF Corporation Directors Deferred Savings Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (closing market price) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends. 1 for 1. There is no date that should appear in these columns. These columns are not applicable to this particular filing. Each PSU was acquired at the election of the Director by deferring $17.37 of fees per PSU.
Key Figures
Phantom stock units granted: 1,799.079 PSUs
Fees deferred per PSU: $17.37 per PSU
Total phantom units after transaction: 43,408.415 PSUs
+1 more
4 metrics
Phantom stock units granted
1,799.079 PSUs
Phantom stock units accrued from deferred director fees on 2026-06-26
Fees deferred per PSU
$17.37 per PSU
Each PSU acquired by deferring $17.37 of directors’ fees
Total phantom units after transaction
43,408.415 PSUs
Total PSUs beneficially owned following the reported award
Conversion ratio
1 PSU for 1 share
Each PSU economically corresponds 1-for-1 to V F CORP common stock
Key Terms
phantom stock units, Directors Deferred Savings Plan, deemed reinvestment of dividends, 1 for 1
4 terms
phantom stock units financial
"Represents phantom stock units ("PSUs") accrued under the VF Corporation Directors Deferred Savings Plan"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Directors Deferred Savings Plan financial
"PSUs accrued under the VF Corporation Directors Deferred Savings Plan ("Plan"), to be settled 100% in cash"
deemed reinvestment of dividends financial
"The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends."
1 for 1 financial
"1 for 1."
FAQ
What insider transaction did V F CORP (VFC) director Matthew Shattock report?
Matthew Shattock reported an acquisition of phantom stock units. He received 1,799.079 PSUs under V F CORP’s Directors Deferred Savings Plan, representing deferred director fees rather than an open-market share purchase, and settled in cash at retirement.
How many phantom stock units did Matthew Shattock acquire in this VFC Form 4?
Shattock acquired 1,799.079 phantom stock units (PSUs). These PSUs were credited under the Directors Deferred Savings Plan and are linked 1-for-1 to V F CORP common stock value but will be paid entirely in cash when he retires.
What price per unit is used for Matthew Shattock’s VFC phantom stock award?
Each PSU reflects $17.37 of deferred director fees. The number of PSUs equals the amount of fees Shattock elected to defer divided by the closing market price per share on the deferral date, as described in the plan’s footnotes.
How many phantom stock units does Matthew Shattock hold after this VFC transaction?
After this award, Shattock holds 43,408.415 PSUs. This total reflects his accumulated phantom stock units under the Directors Deferred Savings Plan, which may change over time due to deemed reinvestment of dividends credited within the plan.
Are Matthew Shattock’s VFC phantom stock units settled in stock or cash?
The phantom stock units are settled entirely in cash. Under the Directors Deferred Savings Plan, PSUs are paid 100% in cash upon the director’s retirement, based on the value of V F CORP common stock at that time.