Village Farms interim CFO holds 25,619 shares
Interim CFO Hamid Shekarchi discloses direct share ownership, several RSU grants and multiple option awards in Village Farms International, Inc.
Rhea-AI Filing Summary
Village Farms International, Inc. (VFF) reported the initial equity holdings of interim CFO Hamid Shekarchi. He holds 25,619 Common Shares directly, multiple tranches of Restricted Share Units (RSUs) representing 20,730; 3,454; 13,650; and 28,620 underlying common shares with time- and performance-based vesting, and stock options over 173,334 Common Shares at exercise prices of $0.98, $1.33 and $2.97 per share with expirations between 2029 and 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Shekarchi Hamid
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units F1, F4, F2, F3 | -- | -- | -- |
| holding | Restricted Share Units F1, F4, F5, F6 | -- | -- | -- |
| holding | Restricted Share Units F1, F4, F7, F3 | -- | -- | -- |
| holding | Restricted Share Units F1, F4, F8, F3 | -- | -- | -- |
| holding | Options F9 | -- | -- | -- |
| holding | Options F10 | -- | -- | -- |
| holding | Options F11 | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 66,454 contracts (Direct);
Options — 173,334 contracts (Direct);
Common Shares — 25,619 shares (Direct)
Footnotes (11)
- F1. Restricted Share Units ("RSUs") are time and/or performance-based rights to receive common shares of Village Farms International, Inc. ("Issuer"), granted pursuant to the Issuer's Share-Based Compensation Plan, as described in the Issuer's Definitive Proxy Statement filed with the Securities and Exchange Commission on April 29, 2026.
- F2. One-third (1/3) of the issued RSUs vest on each of the first 3 anniversaries of the date of the grant. These RSUs were part of a grant made on April 1, 2025 and as of the date hereof, one-third of the original grant became vested and 20,730 RSUs remain unvested.
- F3. The RSUs do not have a stated expiration date.
- F4. RSUs do not require payment of a conversion or exercise price.
- F5. These RSUs are performance based and vest on December 31, 2027 if Issuer's common share price is greater than $3.00 per common share. As of the date hereof, all RSUs are unvested.
- F6. The RSUs that are subject to performance-based vesting criteria expire on January 1, 2028 if such performance-based vesting criteria has not been met.
- F7. One-third (1/3) of the issued RSUs vest on each of the first 3 anniversaries of the date of the grant. These RSUs were granted on July 1, 2026 and as of the date hereof, all 13,650 RSUs remain unvested.
- F8. One-third (1/3) of the issued RSUs vest on each of the first 3 anniversaries of the date of the grant. These RSUs were granted on September 10, 2026 and as of the date hereof, all 28,620 RSUs remain unvested.
- F9. Stock options vest over a three-year period with one-third (1/3) of the issued options vesting on each of the first 3 anniversaries of the date of the grant. As of the date hereof, all 6,667 of the options are vested.
- F10. Stock options vest over a three-year period with one-third (1/3) of the issued options vesting on each of the first 3 anniversaries of the date of the grant. As of the date hereof, 33,334 of the options are vested. The remainder of the options will vest on May 7, 2027.
- F11. Stock options vest over a three-year period with one-third (1/3) of the issued options vesting on each of the first 3 anniversaries of the date of the grant. As of the date hereof, all 100,000 of the options are unvested. The options will vest in equal thirds on September 10, 2027, September 10, 2028 and September 10, 2029.
Key Figures
Direct Common Shares held: 25,619 shares
RSUs from April 1, 2025 grant remaining unvested: 20,730 underlying shares
Performance-based RSUs tied to $3.00 share price: 3,454 underlying shares
+5 more
8 metrics
Direct Common Shares held
25,619 shares
Direct ownership of Common Shares by interim CFO as of September 9, 2026
RSUs from April 1, 2025 grant remaining unvested
20,730 underlying shares
Time-based RSUs vesting in thirds over three years; one-third already vested
Performance-based RSUs tied to $3.00 share price
3,454 underlying shares
Vest on December 31, 2027 if share price exceeds $3.00; otherwise expire January 1, 2028
RSUs granted July 1, 2026
13,650 underlying shares
All unvested; vest in equal thirds on the first three anniversaries of grant
RSUs granted September 10, 2026
28,620 underlying shares
All unvested; vest in equal thirds on the first three anniversaries of grant
Options at $0.98 exercise price
6,667 underlying shares
All options vested; expire March 8, 2033
Options at $1.33 exercise price
66,667 underlying shares
33,334 options vested; remaining vest on May 7, 2027; expire May 7, 2029
Options at $2.97 exercise price
100,000 underlying shares
All unvested; vest in equal thirds on September 10, 2027, 2028 and 2029; expire September 10, 2031
Key Terms
Restricted Share Units, Share-Based Compensation Plan, performance based, Stock options, +1 more
5 terms
performance based financial
"These RSUs are performance based and vest on December 31, 2027"
Stock options financial
"Stock options vest over a three-year period with one-third (1/3)"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Definitive Proxy Statement regulatory
"as described in the Issuer's Definitive Proxy Statement filed"
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing report for Village Farms International (VFF)?
The filing reports interim CFO Hamid Shekarchi’s initial beneficial ownership, including 25,619 Common Shares, several RSU awards tied to time and performance vesting, and stock options over 173,334 underlying Common Shares at specified exercise prices and expirations.
What RSU grants are disclosed for the interim CFO of VFF?
The interim CFO holds RSUs over 20,730, 3,454, 13,650, and 28,620 underlying Common Shares. Some vest in thirds over three years, while a 3,454-unit grant vests if the share price exceeds $3.00 on December 31, 2027, subject to stated conditions.
What stock options are reported for the interim CFO of Village Farms (VFF)?
Reported stock options cover 6,667 shares at $0.98 expiring March 8, 2033; 66,667 shares at $1.33 expiring May 7, 2029; and 100,000 shares at $2.97 expiring September 10, 2031, with vesting over three years as described in the footnotes.
Are any of the Village Farms (VFF) RSUs performance-based for the interim CFO?
Yes. An RSU grant over 3,454 underlying Common Shares is performance based and vests on December 31, 2027 if the common share price is greater than $3.00 per share; otherwise those RSUs expire on January 1, 2028 if criteria are not met.
Does the VFF Form 3 mention a Rule 10b5-1 trading plan for these holdings?
No Rule 10b5-1 trading plan is reported for these holdings; the disclosure lists existing RSUs, options, and Common Shares without identifying any trades under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
