Darrell Bracken 4
Research Summary
AI-generated summary
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.