Form 4: V.F. Corp. Executive Disposes of Shares for Tax Obligations Following RSU Vesting

Martino Scabbia Guerrini, EVP and Chief Commercial Officer of V.F. Corp., reported a disposition of 5,299 shares of common stock to satisfy tax withholding obligations related to the vesting of restricted stock units.

Summary

• Martino Scabbia Guerrini, the Executive Vice President and Chief Commercial Officer of V.F. Corp. (VFC), reported a transaction on May 23, 2025.
• The transaction involved the disposition of 5,299 shares of V.F. Corp. common stock at a price of $12.08 per share.
• This disposition was identified as a 'F' transaction code, indicating shares withheld by the issuer to satisfy tax withholding obligations.
• The shares were withheld due to the vesting of restricted stock units (RSUs) previously granted to Mr. Scabbia Guerrini.
• Following this transaction, Mr. Scabbia Guerrini beneficially owns 412,020.268 shares of V.F. Corp. common stock directly.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While it's a disposition of shares, it's a non-discretionary transaction for tax purposes following RSU vesting, which is a positive for executive compensation and retention. It does not indicate a lack of confidence from the insider.

Positives

• The transaction indicates the vesting of restricted stock units, which is a positive event for the executive's compensation and retention, aligning management interests with shareholder value over time.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction related to executive compensation. It does not provide information directly related to broader industry trends or competitive dynamics within the apparel and footwear sector where V.F. Corp. operates.

Related Party Transactions

• The transaction involves the disposition of shares by an executive officer to the issuer to satisfy tax obligations arising from the vesting of restricted stock units, which is a common form of compensation-related related-party dealing.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a discretionary sale by the executive.
• Employees: The transaction highlights the company's use of equity compensation (RSUs) as part of its executive remuneration strategy.

Key Dates

Keywords

V.F. Corp., VFC, Martino Scabbia Guerrini, Insider Transaction, Form 4, SEC Filing, Restricted Stock Units, RSU Vesting, Tax Withholding, Executive Compensation