Ruffini Stephen C 4
4 · Village Farms International, Inc. · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Village Farms (VFF) CFO Stephen C. Ruffini Receives RSU Award
What Happened
Stephen C. Ruffini, Chief Financial Officer of Village Farms International, Inc. (VFF), was granted 83,430 restricted share units (RSUs) on July 1, 2026. The filing lists this as a derivative award (code A); no per‑share price or total dollar value is disclosed. According to the filing, all RSUs were unvested as of the report date.
Key Details
- Transaction date: 2026-07-01; Form 4 filed: 2026-07-07. (Difference: 6 days after the grant.)
- Security/amount: 83,430 Restricted Share Units (RSUs). Price per share / total value: N/A in the filing.
- Transaction type: Award/Grant (derivative RSUs), not an open‑market purchase or sale.
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote F1: RSUs are time‑based, granted under the Issuer’s Share‑Based Compensation Plan; no conversion/exercise price. One‑third vests on each of the first three anniversaries of the grant date. As of the filing date, all RSUs were unvested.
- Footnote F2: RSUs have no stated expiration date; unvested RSUs terminate upon the reporting person’s separation, and vested RSUs are redeemable per the Plan.
Context
RSU grants are common executive compensation and are typically time‑based retention incentives rather than immediate purchases. Because these RSUs are unvested and vest over three years, they do not represent shares currently tradable by the CFO. The filing shows an award rather than a purchase or sale, so it signals compensation policy more than a direct insider market view.
Insider Transaction Report
- Award
Restricted Share Units
[F1][F2]2026-07-01+83,430→ 83,430 total→ Common Shares (83,430 underlying)
Footnotes (2)
- [F1]Restricted Share Units ("RSUs") are time-based rights to receive common shares of Village Farms International, Inc. ("Issuer"), granted pursuant to the Issuer's Share-Based Compensation Plan (the "Plan"), as described in the Issuer's Definitive Proxy Statement filed with the Securities and Exchange Commission on April 29, 2026. RSUs do not require payment of a conversion or exercise price. One-third of the RSUs vest on each of the first three anniversaries of the grant date, subject to acceleration of vesting upon certain qualifying terminations of employment. As of the date hereof, all RSUs are unvested.
- [F2]The RSUs do not have a stated expiration date; unvested RSUs terminate upon the Reporting Person's separation date from the Issuer, and vested RSUs are redeemable in accordance with the Plan.