Carucci Richard 4

4 · V F CORP · Filed Mar 31, 2026

AI-generated summary of this filing

Updated Mar 31, 2026

VFC Director Richard Carucci Receives Phantom Stock Award

What Happened

Richard Carucci, a director of V F Corporation (VFC), was credited with 4,573.171 phantom stock units (PSUs) on 2026-03-27. The units were recorded at $16.40 each, for a notional value of $75,000. This was an acquisition (award) of derivative units under the company’s directors deferred savings plan rather than an open-market stock purchase or sale.

Key Details

Transaction date and price: 2026-03-27; 4,573.171 PSUs at $16.40 per PSU; total value $75,000.
Transaction type: A (award/acquisition) — PSUs (derivative), not actual common shares.
Settlement and terms: PSUs are accrued under the VF Corporation Directors Deferred Savings Plan and will be settled 100% in cash upon the reporting person’s retirement (Footnote F1).
Acquisition method: Units were acquired by the director electing to defer $16.40 of fees per PSU (Footnote F4); PSUs are 1-for-1 (F2).
Shares owned after transaction: Not specified in this filing.
Filing date: Report filed 2026-03-31 reporting the 2026-03-27 transaction.

Context

These PSUs are a form of deferred compensation for board fees and will be paid in cash at retirement, so they do not immediately change the director’s voting power or share count. PSUs may adjust over time for deemed dividend reinvestment (F1). This is a routine director compensation deferral rather than a market buy or sale.

Form 4

Period: 2026-03-27

Director

Transactions

Award
Phantom Stock-d
[F1][F2][F4][F3]
2026-03-27$16.40/sh+4,573.171$75,000→ 95,326.75 total
→ Common Stock (4,573.171 underlying)

Footnotes (4)

[F1]Represents phantom stock units ("PSUs") accrued under the VF Corporation Directors Deferred Savings Plan ("Plan"), to be settled 100% in cash upon the reporting person's retirement. The number of PSUs acquired equals the amount of Directors' fees deferred by the reporting person divided by the fair market value (closing market price) per share on the date of deferral. The number of PSUs beneficially owned may vary over time due to deemed reinvestment of dividends.
[F2]1 for 1.
[F3]There is no date that should appear in these columns. These columns are not applicable to this particular filing.
[F4]Each PSU was acquired at the election of the Director by deferring $16.40 of fees per PSU.

Signature

/s/ Vivian Coates for Richard Carucci (pursuant to signing authority on file)|2026-03-31

1 file