Henry John Patrick 4

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.