Holewinski David 4

What Happened

• David Holewinski, a director of Village Farms International, Inc. (VFF), received an award of 57,500 restricted share units (RSUs) on July 1, 2026. The award is a derivative grant (Form 4 code A); no per-share price or immediate cash value is reported because RSUs convert to common shares upon vesting.

Key Details

• Transaction date: July 1, 2026; Filing date (Form 4): July 7, 2026 — this filing was submitted after the typical 2-business-day window (late filing).
• Transaction type/code: Award of RSUs (A); units are derivative awards, not an open-market purchase or sale.
• Shares/units granted: 57,500 RSUs. No exercise/conversion price (RSUs do not require payment).
• Vesting: RSUs vest on July 1, 2027 per the award agreement and the issuer’s Share-based Compensation Plan.
• Expiration: RSUs have no stated expiration date.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes: F1–F3 confirm RSUs are time-based, have no exercise price, vest July 1, 2027, and have no expiration.

Context

• RSUs are time-based awards that convert into common shares only if vesting conditions are met; they are not an immediate purchase of stock and thus do not directly signal an immediate buy/sell decision.
• Awards to directors are common as compensation; because this is an award (not a purchase), it should be viewed as routine equity compensation rather than a direct market sentiment indicator.