Village Farms CEO exercises 33,334 stock options

Village Farms International, Inc. Chief Executive Officer Michael A. DeGiglio exercised stock options to acquire 33,334 Common Shares at an exercise price of $1.08 per share.

Rhea-AI Filing Summary

Village Farms International, Inc. Chief Executive Officer Michael A. DeGiglio exercised stock options to acquire 33,334 Common Shares at an exercise price of $1.08 per share. Following the transaction, he directly holds 9,655,775 Common Shares. The exercised options were originally granted on February 1, 2023 and vested over three years, and are now fully vested.

Insider Trade Summary

33,334 shares exercised/converted

Exercise 2 txns

Insider DEGIGLIO MICHAEL A

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise	Options	33,334	$0.00	$0.00
Exercise	Common Shares	33,334	$1.08	$36K

Holdings After Transaction: Options — 0 contracts (Direct); Common Shares — 9,655,775 shares (Direct)

Footnotes (1)

1. F1. The options were granted on February 1, 2023 and 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 options are vested.

Key Figures

Options exercised: 33,334 shares Exercise price: $1.08 per share Shares held after transaction: 9,655,775 shares +3 more

6 metrics

Options exercised 33,334 shares Common Shares acquired via option exercise on June 15, 2026

Exercise price $1.08 per share Price for exercising options into Common Shares

Shares held after transaction 9,655,775 shares Direct Common Share ownership following the option exercise

Derivative position remaining 0 options No remaining options in derivativeSummary after this exercise

Option grant date February 1, 2023 Grant date for options that were exercised

Option expiration date February 1, 2033 Original expiration date for the exercised options

Key Terms

derivative security, Exercise or conversion, vest over a three year period, Common Shares, +1 more

5 terms

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Exercise or conversion financial

"transaction_action: derivative exercise/conversion"

vest over a three year period financial

"The options were granted on February 1, 2023 and vest over a three year period"

Common Shares financial

"security_title: Common Shares"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

Options financial

"security_title: Options"

Options are contracts that give investors the right to buy or sell an asset at a specific price within a certain time frame. They function like a reservation or a ticket that allows for potential profit or protection against price changes, making them useful tools for managing investment risks or speculating on market movements.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Village Farms (VFF) CEO Michael DeGiglio report in this Form 4?

Michael DeGiglio reported exercising stock options for 33,334 Common Shares of Village Farms at $1.08 per share. This converted previously granted options into common shares as part of his equity compensation package.

How many Village Farms (VFF) shares does the CEO hold after this transaction?

After the option exercise, CEO Michael DeGiglio directly holds 9,655,775 Common Shares of Village Farms. This figure reflects his updated direct ownership position following the conversion of options into common stock.

What type of transaction is shown in this Village Farms (VFF) Form 4?

The filing shows a derivative exercise, coded “M,” where options were exercised and converted into 33,334 Common Shares. It is classified as an acquisition of shares, not an open-market purchase or sale.

What was the exercise price of the Village Farms (VFF) options exercised?

The options exercised by the Village Farms CEO had an exercise price of $1.08 per share. Exercising these options allowed him to acquire 33,334 Common Shares at that fixed price under the original grant terms.

When were the Village Farms (VFF) options originally granted and how did they vest?

The options were granted on February 1, 2023 and vested over three years. One-third vested on each of the first three anniversaries of the grant date, and the filing notes that all options are now fully vested.

Does this Village Farms (VFF) Form 4 show any open-market share sales by the CEO?

No, the Form 4 reports only the exercise and conversion of stock options into 33,334 Common Shares. There are no reported open-market sales or purchases of Village Farms common stock in this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/16/2026 - 09:18 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DEGIGLIO MICHAEL A

(Last) (First) (Middle)

C/O VILLAGE FARMS INTERNATIONAL, INC

90 COLONIAL CENTER PARKWAY, SUITE 100

(Street)

LAKE MARY FLORIDA 32746

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Village Farms International, Inc. [ VFF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	06/15/2026		M		33,334	A	$1.08	9,655,775	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options	$1.08	06/15/2026		M			33,334	(1)	02/01/2033	Common Shares	33,334	$0	0	D

Explanation of Responses:

1. The options were granted on February 1, 2023 and 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 options are vested.

	/s/Stephen C. Ruffini, Attorney-in-Fact	06/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)