V F Corp (VFC) director defers fees into 1,524 phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
V F Corp director Mark Samuel Hoplamazian acquired 1,524.390 phantom stock units through a deferred fee arrangement. These units, valued at $16.40 per PSU based on the closing market price on the deferral date, are credited under the VF Corporation Directors Deferred Savings Plan.
The phantom stock units track the value of V F Corp common stock on a 1-for-1 basis and are to be settled 100% in cash upon the director’s retirement. Following this grant, the director holds a total of 29,225.0621 phantom stock units, which may change over time due to deemed reinvestment of dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HOPLAMAZIAN MARK SAMUEL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock-d | 1,524.39 | $16.40 | $25K |
Holdings After Transaction:
Phantom Stock-d — 29,225.062 shares (Direct)
Footnotes (1)
- Represents phantom stock units ("PSUs") accrued under the VF Corporation Directors Deferred Savings Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (closing market price) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends. 1 for 1. There is no date that should appear in these columns. These columns are not applicable to this particular filing. Each PSU was acquired at the election of the Director by deferring $16.40 of fees per PSU.
Key Figures
Phantom stock units acquired: 1,524.390 units
Deferred fees per PSU: $16.40 per unit
Total phantom units after grant: 29,225.0621 units
+1 more
4 metrics
Phantom stock units acquired
1,524.390 units
Grant/award acquisition on March 27, 2026
Deferred fees per PSU
$16.40 per unit
Amount of director fees deferred per phantom stock unit
Total phantom units after grant
29,225.0621 units
Phantom stock units beneficially owned following transaction
Underlying common stock ratio
1-for-1
Each phantom stock unit tracks one share of common stock
Key Terms
phantom stock units, Directors Deferred Savings Plan, deemed reinvestment of dividends, grant, award, or other acquisition
4 terms
phantom stock units financial
"Represents phantom stock units ("PSUs") accrued under the VF Corporation Directors Deferred Savings Plan"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Directors Deferred Savings Plan financial
"accrued under the VF Corporation Directors Deferred Savings Plan ("Plan"), to be settled 100% in cash"
deemed reinvestment of dividends financial
"The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did V F Corp (VFC) director Mark Hoplamazian report on this Form 4?
He reported acquiring 1,524.390 phantom stock units under V F Corp’s Directors Deferred Savings Plan. These units result from deferring director fees and mirror the value of common stock, providing cash-settled, stock-linked compensation payable at retirement.
How were the 1,524.390 phantom stock units for V F Corp (VFC) calculated?
Each phantom stock unit equals $16.40 of deferred director fees, divided by the fair market value (closing market price) on the deferral date. This conversion created 1,524.390 units, which track V F Corp’s common stock value on a 1-for-1 basis over time.
Are the V F Corp (VFC) phantom stock units settled in stock or cash?
The phantom stock units are settled 100% in cash upon the director’s retirement. They are bookkeeping entries under the Directors Deferred Savings Plan that mirror V F Corp’s share price performance rather than actual shares of common stock being issued or traded.
What is Mark Hoplamazian’s total phantom stock position in V F Corp (VFC)?
After this transaction, he beneficially owns 29,225.0621 phantom stock units under the Directors Deferred Savings Plan. This total may change over time because dividends on V F Corp stock are deemed reinvested into additional units within the plan.
Does this V F Corp (VFC) Form 4 reflect an open-market stock purchase or sale?
No, it reflects a grant/award acquisition of phantom stock units from deferred director fees. The filing shows compensation-related accruals, not an open-market buy or sell of V F Corp common shares in the public market.