Mahoney Kathleen M 4

What Happened

• Kathleen M. Mahoney, a director of Village Farms International, received 75,757 common shares on July 9, 2026 via conversion of restricted stock (transaction code M — exercise/conversion of a derivative). The shares were issued at no cost (exercise price $0.00). The filing shows a corresponding disposition of a derivative instrument (the restricted stock) for the same 75,757-share amount, reflecting the conversion into common shares.

Key Details

• Transaction date: 2026-07-09; Form 4 filed: 2026-07-10 (timely).
• Acquired: 75,757 common shares at $0.00 (no cash paid).
• Disposed (derivative): 75,757 units reported as converted/settled (N/A dollar amount for derivative).
• Shares owned after transaction: not specified in this filing.
• Footnotes:
  • F1: The restricted stock are time-based grants under the issuer’s share-based compensation plan and require no payment to convert.
  • F2: The award was granted on July 9, 2025, vested in full on July 9, 2026, and automatically converted into common shares.
• No indication of a 10b5-1 plan, tax-withholding sale, or immediate market sale of the shares in this filing.

Context

• This was not an open-market purchase or sale: it reflects vesting/conversion of previously granted restricted stock into common shares. No cash was exchanged on conversion. Such reports document issuance of employer stock to insiders and are routine when equity awards vest.