Village Farms International, Inc.·4

Jul 10, 5:49 PM ET

Henry John Patrick 4

4 · Village Farms International, Inc. · Filed Jul 10, 2026

Research Summary

AI-generated summary of this filing

Updated

Village Farms (VFF) Director Henry John Patrick Receives 151,514 Shares

What Happened

  • Henry John Patrick, a director of Village Farms International, had restricted stock awards vest and convert into common shares on July 9, 2026. The Form 4 shows two conversion entries of 75,757 shares each, for a total of 151,514 shares acquired at an effective $0 exercise price (no cash paid). These entries reflect the vesting/automatic conversion of time‑based restricted stock rather than an open‑market purchase or sale.

Key Details

  • Transaction date: July 9, 2026 (reported on Form 4 filed July 10, 2026).
  • Transaction type/code: Exercise/conversion of derivative (Code M) — conversion of restricted stock into common shares.
  • Shares acquired: 75,757 + 75,757 = 151,514 shares; Exercise price: $0.00 for the acquired entry.
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes: (F1) These were time‑based restricted stock grants that do not require payment. (F2) The award was granted July 9, 2025, vested July 9, 2026, and automatically converted into common shares as reported.
  • Timeliness: Filing appears timely (transaction 7/9/2026; Form 4 filed 7/10/2026), so no late‑filing implication noted.

Context

  • This is a routine vesting/conversion of restricted stock (derivative conversion), not a market buy or sale. The Form 4 shows both the acquisition of common shares and the corresponding disposition/termination of the derivative award instrument — two records that reflect the same vesting event. Such vested/issued shares do not necessarily signal insider buying or selling intent.

Insider Transaction Report

Form 4
Period: 2026-07-09
Transactions
  • Exercise/Conversion

    Common Shares

    2026-07-09+75,757268,899 total
  • Exercise/Conversion

    Restricted Stock

    [F1][F2]
    2026-07-0975,7570 total
    From: 2026-07-09Common Shares (75,757 underlying)
Footnotes (2)
  • [F1]Restricted stock are time-based grants of common shares ("Restricted Stock") of Village Farms International, Inc ("Issuer") granted pursuant to the Issuer's Share-based Compensation Plan, as described in the Issuer's Definitive Proxy Statement filed with the Securities and Exchange Commission on April 29, 2026. The Restricted Stock does not require payment of a conversion or exercise price.
  • [F2]This Restricted Stock award was granted on July 9, 2025 and vested entirely on July 9, 2026, and in accordance with the terms therewith, automatically converted into common shares as reported herein.
Signature
/s/Stephen C. Ruffini, Attorney-in-Fact|2026-07-10

Documents

1 file
  • 4
    ownership.xmlPrimary

    4