Village Farms (VFF) cannabis president sells 50,000 common shares
Rhea-AI Filing Summary
Village Farms International executive Orville Bovenschen, President of Canadian Cannabis, sold 50,000 Common Shares in an open-market transaction. The shares were sold at prices ranging from USD$2.89 to $2.90, with a weighted average price of $2.89, reducing his direct holdings to zero. A footnote states the sale was made for personal financial planning and executed through multiple open-market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares
Net Sell
1 txn
Insider
Bovenschen Orville
Role
President of Canadian Cannabis
Sold
50,000 shs ($145K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 50,000 | $2.89 | $145K |
Holdings After Transaction:
Common Shares — 0 shares (Direct)
Footnotes (2)
- F1. Mr. Bovenschen sold common shares for personal financial planning.
- F2. The common shares were sold in multiple open market transactions from Mr. Bovenschen's direct holdings with prices ranging between USD$2.89 to $2.90, inclusive. The price above reflects the weighted average purchase price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Orville Bovenschen report at Village Farms (VFF)?
Orville Bovenschen reported an open-market sale of Village Farms shares. He sold 50,000 Common Shares of Village Farms International, Inc. in a single reported transaction dated March 25, 2026, as disclosed in a Form 4 insider trading report.
What is Orville Bovenschen’s role at Village Farms International (VFF)?
Orville Bovenschen serves as President of Canadian Cannabis at Village Farms. The Form 4 identifies him as an officer of Village Farms International, Inc., holding the title "President of Canadian Cannabis" at the time of the reported share sale.