Form 4: VF Corp Executive Darrell Bracken Reports Stock Disposal

Darrell Bracken, President & CEO of VF Corp, disposed of 11,490 shares of common stock on July 17, 2024, at a price of $15.59 per share.

Summary

• On July 17, 2024, Darrell Bracken, the President & CEO of VF Corp, disposed of 11,490 shares of VF Corp common stock.
• The transaction was executed at a price of $15.59 per share.
• Following the transaction, Bracken directly owns 208,999.713 shares of VF Corp common stock.
• 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 VF Corporation equity securities, effective July 17, 2023.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock disposal. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into the transactions of those with privileged information.

Stakeholder Impact

• The disposal of shares by a high-ranking executive could be perceived negatively by shareholders, potentially signaling a lack of confidence in the company's future performance, although this is a small percentage of his holdings.

Key Dates