Hauger Carolyn 4

What Happened
Carolyn Hauger, a director of Village Farms International, had 75,757 time‑based restricted shares vest and automatically convert into common shares on July 9, 2026. The Form 4 shows an acquisition of 75,757 shares at $0.00 (no cash paid) and a corresponding disposition of the derivative instrument (conversion) recorded the same day.

Key Details

• Transaction date: July 9, 2026; Form 4 filed July 10, 2026 (timely).
• Reported entries: acquisition of 75,757 shares @ $0.00 (code M — exercise/conversion) and a matching disposition of the derivative interest.
• Shares owned after transaction: not specified in this filing.
• Footnotes: F1–these were Restricted Stock awards under the company’s share‑based compensation plan and require no exercise price; F2–the award was granted July 9, 2025, vested July 9, 2026 and automatically converted to common shares.
• No 10b5-1 plan, tax‑withholding sale, or late filing is indicated.

Context
This was not a market purchase or sale but the vesting/conversion of previously granted restricted stock (a common form of director compensation). Because no cash was paid on conversion, there’s no purchase price or proceeds to report; such awards typically reflect compensation realization rather than a direct buy/sell that signals a trading view.