Village Farms CEO granted 224,238 RSUs
Village Farms International, Inc. Chief Executive Officer Michael A. DeGiglio received a grant of 224,238 Restricted Share Units (RSUs) tied to the company’s common shares.
Rhea-AI Filing Summary
Village Farms International, Inc. Chief Executive Officer Michael A. DeGiglio received a grant of 224,238 Restricted Share Units (RSUs) tied to the company’s common shares. The RSUs were granted under the company’s Share-Based Compensation Plan and do not require any exercise or conversion price.
According to the grant terms, one-third of the RSUs vest on each of the first three anniversaries of the grant date, creating a three-year time-based vesting schedule. All 224,238 RSUs are unvested as of the grant date. Unvested RSUs terminate if his employment ends, while vested RSUs are redeemable in line with the plan’s rules.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 224,238 | $0.00 | $0.00 |
Footnotes (2)
- F1. Restricted Share Units ("RSUs") are time-based rights to receive common shares of Village Farms International, Inc. ("Issuer"), 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. One-third of the RSUs vest on each of the first three anniversaries of the grant date, subject to acceleration of vesting upon certain qualifying terminations of employment. As of the date hereof, all RSUs are unvested.
- F2. The RSUs do not have a stated expiration date; unvested RSUs terminate upon the Reporting Person's separation date from the Issuer, and vested RSUs are redeemable in accordance with the Plan.
Key Figures
Key Terms
Definitive Proxy Statement regulatory
vesting financial
unvested RSUs terminate financial
FAQ
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What did Village Farms (VFF) CEO Michael DeGiglio report in this Form 4?
What is the vesting schedule for the Village Farms (VFF) CEO’s RSUs?
Do the Village Farms (VFF) CEO RSUs require an exercise or conversion price?
What happens to the Village Farms (VFF) CEO’s RSUs if his employment ends?
Are the Village Farms (VFF) CEO’s RSUs currently vested?
AI-generated analysis. How Rhea-AI works. Not financial advice.