Henry John Patrick 4
4 · Village Farms International, Inc. · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Village Farms (VFF) Director Henry Patrick Receives RSU Award
What Happened
Henry John Patrick, 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 an award/derivative grant (no purchase price reported). RSUs are a form of equity compensation and do not represent immediate stock purchases or sales.
Key Details
- Transaction date: July 1, 2026; Form 4 filed July 7, 2026 (filing appears delayed beyond the standard two-business-day filing window for insiders).
- Instrument: 57,500 RSUs (derivative award); price: N/A (RSUs have no exercise price).
- Vesting: RSUs vest on July 1, 2027 per the award agreement and the company’s Share-based Compensation Plan.
- Expiration: RSUs have no stated expiration date.
- Shares owned after transaction: not specified in the reporting details provided.
- Footnotes: RSUs are rights to receive common shares, granted under the company’s Plan; they require no cash payment and vest based on time.
Context
RSU grants are compensation, commonly used to align directors’ interests with shareholders; they do not indicate an open-market purchase or sale. Because these RSUs vest in one year, they will convert to actual shares only if the vesting conditions are met. The late filing could be procedural but may reduce the immediacy of disclosure for investors tracking insider activity.
Insider Transaction Report
- Award
Restricted Share Units
[F1][F2][F3]2026-07-01+57,500→ 57,500 totalFrom: 2027-07-01→ Common Shares (57,500 underlying)
Footnotes (3)
- [F1]Restricted Share Units ("RSUs") are rights to receive common shares of Village Farms International, Inc. ("Issuer"), which vest based on the passage of time, 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.
- [F2]The RSUs will vest on July 1, 2027 subject to the terms and conditions of the underlying award agreements and the Plan.
- [F3]The RSUs do not have a stated expiration date.