Form 4: V.F. Corp CEO Darrell Bracken Discloses Routine Tax-Related Stock Disposition
Insider Transaction Disclosure
V.F. Corp's President and CEO, Darrell Bracken, reported the disposition of 17,987 shares of common stock at $12.07 per share to cover tax withholding obligations from restricted stock unit vesting.
Summary
- Darrell Bracken, President and Chief Executive Officer of V.F. Corp (VFC), reported a transaction on July 17, 2025.
- The transaction involved the disposition of 17,987 shares of VFC Common Stock.
- The shares were disposed of at a price of $12.07 per share.
- This disposition was specifically for shares withheld to satisfy tax withholding obligations arising from the vesting of restricted stock units.
- Following this transaction, Darrell Bracken beneficially owns 993,469.9 shares of VFC Common Stock.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding event, which is neutral in sentiment. It reflects the vesting of compensation rather than a discretionary sale or purchase.
Positives
- The transaction is a routine tax withholding event, indicating the vesting of restricted stock units, which are typically part of executive compensation packages.
Negatives
- No negative aspects are directly indicated by this routine tax withholding transaction.
Risks
- This Form 4 filing does not contain information regarding company-specific risks; it is a disclosure of an insider transaction.
Future Outlook
This Form 4 filing does not provide any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing is a routine disclosure of an insider stock transaction and does not provide information related to broader industry trends or competitors.
Stakeholder Impact
- Shareholders: This is a routine, non-discretionary transaction for tax purposes and is unlikely to have a significant direct impact on shareholders. It reflects the ongoing compensation structure for executives.
- Employees: No direct impact on general employees is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 07/17/2025 | Date of earliest transaction (disposition of shares). |
| 07/18/2025 | Date the Form 4 was signed. |
Keywords
SEC Form 4, VFC, V.F. Corp, Darrell Bracken, insider transaction, stock disposition, tax withholding, restricted stock units, executive compensation
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