Form 4: V.F. Corp Director Shattock Adjusts Holdings

Matthew J. Shattock, a Director at V.F. Corp, reported a transaction involving phantom stock units on June 26, 2026.

Summary

• Matthew J. Shattock, a Director at V.F. Corp, reported a transaction on June 26, 2026.
• The transaction involved the acquisition of 1,799.079 phantom stock units (PSUs).
• These PSUs were acquired by deferring director fees, with each PSU valued at $17.37 at the time of deferral.
• The PSUs are to be settled 100% in cash upon the reporting person's retirement.
• Following this transaction, Shattock beneficially owns 43,408.415 PSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine insider transaction related to deferred compensation rather than a significant strategic move or financial performance indicator.

Positives

• Director Matthew J. Shattock continues to participate in the company's deferred compensation plan, indicating ongoing commitment.
• The deferral of fees suggests confidence in the company's future value, as directors are choosing to invest their compensation in equity-linked instruments.

Future Outlook

The phantom stock units are to be settled in cash upon the reporting person's retirement, indicating a future cash outflow for the company related to this compensation plan.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. This specific filing details a director's participation in a deferred compensation plan, a common practice in the apparel and retail industry to retain and incentivize key executives.

Stakeholder Impact

• Shareholders: Increased transparency into director compensation and ownership structures.
• Employees: Indirectly, as such plans are part of the overall compensation strategy for attracting and retaining talent.
• Management: The filing reflects standard corporate governance practices regarding executive and director compensation.

Next Steps

• Settlement of phantom stock units in cash upon the reporting person's retirement.

Key Dates

Keywords

V.F. Corp, VFC, Form 4, Director, Phantom Stock Units, Deferred Compensation, Insider Transaction, Securities Ownership