Village Farms (VFF) CFO receives 83,430 restricted share unit award
Rhea-AI Filing Summary
Village Farms International, Inc. reported that Chief Financial Officer Stephen C. Ruffini received a grant of 83,430 Restricted Share Units (RSUs) tied to the company’s common shares. The award is a share-based compensation grant at no cash cost to him, not an open-market purchase.
The RSUs were granted under the company’s Share-Based Compensation Plan and are time-based rights that do not require any exercise price. One-third of the RSUs vests on each of the first three anniversaries of the grant date, and all RSUs are unvested as of the transaction date. Following this grant, Ruffini holds 83,430 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ruffini Stephen C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 83,430 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Share Units — 83,430 shares (Direct)
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
RSUs granted: 83,430 units
Exercise price: $0.00 per unit
Underlying common shares: 83,430 shares
+2 more
5 metrics
RSUs granted
83,430 units
Restricted Share Units granted to CFO on July 1, 2026
Exercise price
$0.00 per unit
RSUs do not require payment of a conversion or exercise price
Underlying common shares
83,430 shares
Each RSU represents a right to receive one common share
Post-grant RSU holdings
83,430 units
Total Restricted Share Units held by CFO after this grant
Vesting schedule
1/3 per year over 3 years
One-third vests on each of the first three anniversaries of grant
Key Terms
Restricted Share Units, Share-Based Compensation Plan, Definitive Proxy Statement, vesting, +1 more
5 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.
vesting financial
"One-third of the RSUs vest on each of the first three anniversaries of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
separation date financial
"unvested RSUs terminate upon the Reporting Person's separation date from the Issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Village Farms (VFF) report for its CFO?
Village Farms reported a compensation-related grant to its CFO. Stephen C. Ruffini received 83,430 Restricted Share Units, representing rights to receive common shares without paying an exercise price, under the company’s Share-Based Compensation Plan.
What is the vesting schedule for the Village Farms (VFF) CFO’s 83,430 RSUs?
The 83,430 RSUs vest in three equal installments over three years. One-third vests on each of the first three anniversaries of the grant date, assuming continued employment or qualifying termination conditions.
Do the Village Farms (VFF) RSUs granted to the CFO have an exercise price or expiration date?
The RSUs have no exercise or conversion price and no stated expiration date. Unvested RSUs terminate upon separation from the company, while vested RSUs are redeemable according to the Share-Based Compensation Plan.