Village Farms (VFF) awards director 57,500 time-vesting RSUs
Rhea-AI Filing Summary
Village Farms International, Inc. director Christopher C. Woodward received a grant of 57,500 Restricted Share Units (RSUs). These RSUs are rights to receive common shares that were awarded under the company’s Share-based Compensation Plan.
The RSUs vest on July 1, 2027, assuming the terms of the award agreement and plan are met. No cash exercise or conversion price is required for these RSUs, and following this grant Woodward holds 57,500 RSUs directly.
Positive
- None.
Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Woodward Christopher C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 57,500 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Share Units — 57,500 shares (Direct)
Footnotes (3)
- F1. Restricted Share Units ("RSUs") are rights to receive common shares of Village Farms International, Inc. ("Issuer"), which vest based on the passage of time, granted pursuant to the Issuer's Share-based Compensation Plan (the "Plan"), as described in the Issuer's Definitive Proxy Statement filed with the Securities and Exchange Commission on April 29, 2026. RSUs do not require payment of a conversion or exercise price.
- F2. The RSUs will vest on July 1, 2027 subject to the terms and conditions of the underlying award agreements and the Plan.
- F3. The RSUs do not have a stated expiration date.
Key Figures
RSUs granted: 57,500 units
Total RSUs after grant: 57,500 units
Exercise price: $0.00 per share
+1 more
4 metrics
RSUs granted
57,500 units
Restricted Share Units awarded to director
Total RSUs after grant
57,500 units
Holdings following this transaction
Exercise price
$0.00 per share
RSUs require no cash exercise
Vesting date
July 1, 2027
RSUs vest based on passage of time
Key Terms
Restricted Share Units, Share-based Compensation Plan, Definitive Proxy Statement, vest
4 terms
Definitive Proxy Statement regulatory
"as described in the Issuer's Definitive Proxy Statement filed with the Securities and Exchange Commission"
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.
vest financial
"The RSUs will vest on July 1, 2027 subject to the terms and conditions"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Village Farms (VFF) director Christopher C. Woodward receive in this Form 4?
Christopher C. Woodward received a grant of 57,500 Restricted Share Units. These RSUs are part of his equity compensation and give him the right to receive common shares under Village Farms’ Share-based Compensation Plan.
When do Christopher C. Woodward’s 57,500 RSUs at Village Farms (VFF) vest?
The 57,500 Restricted Share Units vest on July 1, 2027. Vesting is subject to the terms and conditions of the underlying award agreements and Village Farms’ Share-based Compensation Plan, primarily based on the passage of time.
Does Christopher C. Woodward need to pay an exercise price for his Village Farms (VFF) RSUs?
No, the RSUs do not require any payment of a conversion or exercise price. Once the 57,500 RSUs vest, they convert into common shares of Village Farms without additional cash outlay by Christopher C. Woodward.
How many Village Farms (VFF) RSUs does Christopher C. Woodward hold after this transaction?
After this grant, Christopher C. Woodward holds 57,500 Restricted Share Units. These RSUs represent a right to receive the same number of common shares of Village Farms when they vest on July 1, 2027.
Do the Village Farms (VFF) RSUs granted to Christopher C. Woodward have an expiration date?
The filing states that the RSUs do not have a stated expiration date. They vest on July 1, 2027, based on time and the conditions in the award agreements and the Share-based Compensation Plan.