Form 4: V F Corp Director Matthew J. Shattock Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Director Matthew J. Shattock reports acquiring phantom stock units in V F Corp through a directors' deferred savings plan.
Summary
- Matthew J. Shattock, a director of V F Corp, reported acquiring 1,991.714 phantom stock units (PSUs) on March 28, 2025.
- The PSUs were accrued under the VF Corporation Directors Deferred Savings Plan.
- These units will be settled in cash upon Shattock's retirement.
- The acquisition price was $15.69 per PSU, reflecting deferred director's fees.
- Following the transaction, Shattock beneficially owns 32,236.66 PSUs.
- The PSUs are held directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction, which is neutral in sentiment.
Future Outlook
The phantom stock units will be settled in cash upon the reporting person's retirement.
Industry Context
This filing is a routine disclosure of insider transactions, specifically the acquisition of phantom stock units by a director, which is a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it involves deferred compensation for a director.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Date of transaction: Acquisition of phantom stock units |
| 04/01/2025 | Date of report filing |
Keywords
V F Corp, Matthew J. Shattock, phantom stock units, PSUs, directors' deferred savings plan, Form 4, insider trading
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