Village Farms director exercises 25,000 options

Village Farms International, Inc. director Henry John Patrick exercised stock options and converted them into common shares.

Rhea-AI Filing Summary

Village Farms International, Inc. director Henry John Patrick exercised stock options and converted them into common shares. He exercised options for 25,000 Common Shares at an exercise price of $1.09 per share, increasing his direct holdings to 193,142 Common Shares after the transaction.

The options were originally granted on March 29, 2016 under the company’s Share-Based Compensation Plan and became fully vested on the third anniversary of the grant date. Following this exercise, there are no remaining options from this grant reported in the filing.

Insider Trade Summary

25,000 shares exercised/converted

Exercise 2 txns

Insider Henry John Patrick

Role Director

Type	Security	Shares	Price	Value
Exercise	Options	25,000	$0.00	$0.00
Exercise	Common Shares	25,000	$1.09	$27K

Holdings After Transaction: Options — 0 contracts (Direct); Common Shares — 193,142 shares (Direct)

Footnotes (2)

1. F1. The options were issued on March 29, 2016 and became fully vested on the third anniversary of the grant date.
2. F2. The options were granted pursuant to Village Farms International, Inc.'s (the "Issuer") Share-Based Compensation Plan, as described in the Issuer's Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on April 25, 2025.

Key Figures

Options exercised: 25,000 options Exercise price: $1.09 per share Shares after transaction: 193,142 Common Shares +2 more

5 metrics

Options exercised 25,000 options Exercised on January 7, 2026

Exercise price $1.09 per share Conversion of options into Common Shares

Shares after transaction 193,142 Common Shares Direct holdings following option exercise

Underlying shares 25,000 Common Shares Shares received from exercised options

Option grant date March 29, 2016 Original grant under compensation plan

Key Terms

Share-Based Compensation Plan, Exercise or conversion of derivative security, Common Shares, Options, +1 more

5 terms

Share-Based Compensation Plan financial

"The options were granted pursuant to Village Farms International, Inc.'s ... Share-Based Compensation Plan"

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

Common Shares financial

"underlying_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.

derivative exercise/conversion financial

"transaction_action: derivative exercise/conversion"

FAQ

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

What insider transaction did Village Farms (VFF) report for Henry John Patrick?

Village Farms reported that director Henry John Patrick exercised stock options for 25,000 Common Shares at $1.09 per share. This was a derivative exercise, converting options into shares rather than an open-market purchase or sale, and increased his directly held share count.

How many Village Farms (VFF) shares does Henry John Patrick hold after this Form 4?

After exercising options, Henry John Patrick directly holds 193,142 Common Shares of Village Farms. This total reflects the addition of 25,000 shares acquired through option exercise on January 7, 2026, as disclosed in the Form 4 insider trading report.

At what price were the Village Farms (VFF) options exercised in this filing?

The options were exercised at an exercise price of $1.09 per share for 25,000 underlying Common Shares. This price reflects the conversion cost specified in the original option grant, not a contemporaneous market transaction on the open market.

What type of security did Henry John Patrick convert into Village Farms (VFF) Common Shares?

He converted Options into Common Shares through a derivative exercise. The Form 4 shows 25,000 options exercised, resulting in 25,000 Common Shares acquired, with no remaining options from this specific grant reported after the transaction.

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

The exercised options were granted on March 29, 2016 under Village Farms’ Share-Based Compensation Plan. According to the footnotes, they became fully vested on the third anniversary of the grant date, meaning they were fully exercisable three years after issuance.

Were the exercised Village Farms (VFF) options part of a compensation plan?

Yes. The options exercised by Henry John Patrick were granted under Village Farms International, Inc.’s Share-Based Compensation Plan. The plan is described in the company’s Annual Report on Form 10-K/A filed with the SEC on April 25, 2025, according to the footnotes.

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

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Accepted by SEC EDGAR 04/08/2026 - 04:14 PM 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^*

Henry John Patrick

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026

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	01/07/2026		M		25,000	A	$1.09	193,142	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	$1.09	01/07/2026		M			25,000	(1)	03/29/2026	Common Shares	25,000	(2)	0	D

Explanation of Responses:

1. The options were issued on March 29, 2016 and became fully vested on the third anniversary of the grant date.

2. The options were granted pursuant to Village Farms International, Inc.'s (the "Issuer") Share-Based Compensation Plan, as described in the Issuer's Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on April 25, 2025.

	/s/ Steve Ruffini	04/08/2026
	** 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)