Shattock Matthew J 4

What Happened

• Matthew J. Shattock, a director of V.F. Corp (VFC), was granted 1,905.488 phantom stock units (PSUs) on 2026-03-27. Each PSU was valued at $16.40, for a total economic value of $31,250. The transaction is reported as an award/acquisition (code A) and reflects fees the director elected to defer into PSUs rather than a cash payment.

Key Details

• Transaction date: 2026-03-27; Form 4 filed: 2026-03-31.
• Units granted: 1,905.488 PSUs at $16.40 each; total value reported: $31,250.
• Transaction type/code: Award/acquisition of derivative units (A); acquisition occurred by deferring director fees.
• Shares/units owned after transaction: Not specified in this filing.
• Notable footnotes:
  • PSUs are phantom stock units under the VF Corporation Directors Deferred Savings Plan and will be settled 100% in cash upon the reporting person’s retirement (F1).
  • 1-for-1 (F2); each PSU was acquired by deferring $16.40 of fees per PSU (F4).
  • Dividend reinvestment may change the PSU count over time (F1).
• No 10b5-1 plan, immediate sale, or tax-withholding sale is indicated.

Context

• These PSUs are cash-settled derivatives (not actual shares). They represent deferred compensation rather than an open-market stock purchase or a sale, so they are a routine director compensation election rather than a direct bullish or bearish trading signal.