Form 4: V.F. Corporation Director Laura W. Lang Reports Acquisition and Disposal of Shares, Grants Signing Authority

Director Laura W. Lang reports acquiring and disposing of V.F. Corporation common stock and derivative securities, while also granting signing authority for SEC filings.

Summary

• On May 28, 2024, Laura W. Lang, a director of V.F. Corporation, reported acquiring 7,288 shares of common stock at $0 and disposing of 28,021.486 shares.
• Lang also acquired 18,256 non-qualified stock options with an exercise price of $12.35, exercisable from May 28, 2025, to May 27, 2034.
• A signing authority was granted to Mark R. Townsend, Vivian Coates, or Jennifer S. Sim to sign and file SEC forms related to beneficial ownership of V.F. Corporation equity securities, effective until two years after Lang is no longer subject to Section 16(a) filing requirements.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions and a signing authority grant, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The stock transactions by a director may influence investor sentiment, although the specific impact is uncertain.

Key Dates