Ruffini Stephen C 4

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.