Form 4: V F Corp Director Hoplamazian Reports Acquisition of Phantom Stock Units

Director Mark Samuel Hoplamazian reports acquiring phantom stock units in V F Corp through a directors' deferred savings plan.

Summary

• On December 27, 2024, Mark Samuel Hoplamazian, a director of V F Corp, reported acquiring 1,435.462 phantom stock units (PSUs) under the VF Corporation Directors Deferred Savings Plan.
• These PSUs were acquired by deferring director's fees, with each PSU valued at $21.77.
• The PSUs will be settled in cash upon Hoplamazian's retirement.
• Following the transaction, Hoplamazian beneficially owns 18,631.8211 PSUs.
• The reported transaction was filed on December 31, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard compensation practice. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Future Outlook

The phantom stock units will be settled 100% in cash upon the reporting person's retirement; the number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends.

Industry Context

This filing is a routine disclosure related to director compensation and deferred savings plans, common in publicly traded companies. It provides transparency into the alignment of director interests with shareholder value through equity-based compensation.

Stakeholder Impact

• The transaction reflects the company's compensation strategy for its directors, aligning their interests with those of the shareholders through equity-based compensation.

Key Dates