Holewinski David 4

What Happened David Holewinski, a director of Village Farms International, received 75,757 common shares on July 9, 2026 through the conversion/vesting of time‑based restricted stock. The Form 4 shows an acquisition of 75,757 shares at $0.00 (no exercise or cash payment required) and the corresponding derivative security was converted/terminated. Per the filing, these shares are held through Mr. Holewinski’s spouse.

Key Details

• Transaction date: July 9, 2026 (reported on Form 4 filed July 10, 2026) — filing appears timely.
• Transaction type/code: M — conversion/exercise of a derivative (restricted stock converted to common shares).
• Shares acquired: 75,757 common shares; reported acquisition price $0.00 (Restricted Stock required no payment).
• Shares disposed/derivative: 75,757 derivative units were converted/terminated (reported as disposition of the derivative instrument).
• Shares owned after transaction: Not specified in the excerpt of the filing.
• Relevant footnotes: Restricted Stock granted July 9, 2025, vested in full July 9, 2026 and automatically converted to common shares; shares are held through the insider’s spouse.

Context This was not an open‑market purchase or sale but the automatic vesting/conversion of previously granted restricted stock (an award). No cash was paid by the insider; such vestings are routine compensation events and do not necessarily signal a change in insider sentiment.