Hauger Carolyn 4

What Happened

• Carolyn Hauger, a director of Village Farms International, Inc. (VFF), received a grant of 57,500 restricted share units (RSUs) on July 1, 2026. The filing lists this as a derivative award (code A) with no per-share purchase price (N/A).
• These RSUs are rights to receive common shares if vesting conditions are met; they have no exercise or conversion price and will vest on July 1, 2027 per the award agreement and the company’s share-based compensation plan. No immediate cash transaction occurred.

Key Details

• Transaction date: July 1, 2026. Form 4 filed July 7, 2026 (appears to be later than the standard two-business-day filing window).
• Grant type: Restricted Share Units (RSUs) — derivative award, no exercise price.
• Number of RSUs granted: 57,500.
• Vesting: July 1, 2027 (subject to award agreement and plan terms).
• Expiration: RSUs have no stated expiration date.
• Shares owned after transaction: not disclosed in the filing.
• Footnotes: F1 explains RSUs granted under the company’s Share-based Compensation Plan; F2 confirms the July 1, 2027 vesting; F3 notes no stated expiration.

Context

• RSU grants to directors are common compensation and do not reflect an open-market purchase or sale. They only convert into actual shares if vesting conditions are met and typically indicate planned long-term alignment rather than immediate trading intent.
• For retail investors, awards are less immediately informative than purchases or sales; track vesting dates and subsequent Form 4 entries if/when the RSUs convert to shares or are sold.