Bovenschen Orville 4

What Happened

• Orville Bovenschen, President of Canadian Cannabis at Village Farms International (VFF), sold 50,000 common shares in open-market transactions on March 25, 2026.
• The weighted average price was $2.89 per share (range $2.89–$2.90), for total proceeds of approximately $144,500. This was a sale (liquidation) from his direct holdings.

Key Details

• Transaction date: 2026-03-25; Form 4 filed: 2026-03-26 (timely).
• Price: weighted average $2.89; range of reported trade prices $2.89–$2.90.
• Shares disposed: 50,000 (transaction code S = sale).
• Shares owned after the transaction: Not reported on the Form 4.
• Footnotes: F1 — sale was for personal financial planning; F2 — shares sold in multiple open-market transactions from his direct holdings. No 10b5-1 plan or gift/tax-withholding notes were reported.

Context

• This was an open-market sale (not an option exercise or company grant). Sales for personal financial planning are common and do not necessarily signal company outlook. No additional disclosures in the filing indicate unusual circumstances.