V F CORP director awarded 1,799 phantom stock units
V F CORP director Matthew J. Shattock reported receiving an award of phantom stock units under the company’s Directors Deferred Savings Plan.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock-d | 1,799.079 | $17.37 | $31K |
Footnotes (4)
- F1. 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.
- F2. 1 for 1.
- F3. There is no date that should appear in these columns. These columns are not applicable to this particular filing.
- F4. Each PSU was acquired at the election of the Director by deferring $17.37 of fees per PSU.
Key Figures
Key Terms
phantom stock units financial
Directors Deferred Savings Plan financial
deemed reinvestment of dividends financial
1 for 1 financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did V F CORP (VFC) director Matthew Shattock report?
How many phantom stock units did Matthew Shattock acquire in this VFC Form 4?
What price per unit is used for Matthew Shattock’s VFC phantom stock award?
How many phantom stock units does Matthew Shattock hold after this VFC transaction?
Are Matthew Shattock’s VFC phantom stock units settled in stock or cash?
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