V.F. Corp (VFC) CEO Darrell Bracken Withholds 36,446 Shares for Taxes

What Happened

• Darrell Bracken, President & CEO and a director of V.F. Corp (VFC), reported a disposition of 36,446 shares on 2026-06-04. The shares were reported at $16.41 each, totaling $598,079.
• This was not an open-market sale but shares withheld to satisfy tax withholding obligations resulting from the vesting of restricted stock units (RSUs).

Key Details

• Transaction date: 2026-06-04; Filing date: 2026-06-08 (timely, within the two-business-day Form 4 window).
• Price reported: $16.41 per share; Total value: $598,079.
• Shares involved: 36,446 shares were withheld/disposed to cover taxes.
• Shares owned after the transaction: Not specified in the provided filing.
• Footnote: F1 — shares were withheld to satisfy tax withholding obligations arising from RSU vesting (transaction code F = tax withholding).

Context

• This is a routine tax-withholding event tied to RSU vesting and does not necessarily indicate a bullish or bearish view by the insider. It differs from an open-market sale because shares were retained by the company/broker to pay taxes rather than sold for cash proceeds to the insider.