Form 4: V.F. Corp Executive Matthew Puckett Reports Stock Transaction
SEC Form 4
EVP & Chief Financial Officer of V.F. Corp, Matthew Puckett, reports disposition of shares to cover taxes due upon vesting of restricted stock.
Summary
- On May 17, 2024, Matthew Puckett, EVP & Chief Financial Officer of V.F. Corp, reported a transaction involving common stock.
- A total of 2,530 shares were disposed of at a price of $12.89 per share to cover taxes due upon the vesting of restricted stock.
- Following the transaction, Puckett directly owns 45,300.61 shares of V.F. Corp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction related to tax obligations.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of stock transaction |
| 05/21/2024 | Date of signature for the report |
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