Village Farms (VFF) Global President Orville Bovenschen Receives Award

What Happened
Orville Bovenschen, Global President Operations of Village Farms International (VFF), was granted 30,000 common shares under the company's share‑based compensation plan on August 21, 2026. The grant was valued at $2.57 per share (total value ≈ $77,100). To cover applicable tax withholding, 7,500 of those shares were surrendered/withheld at $2.57 each for a value of $19,275, resulting in a net issuance to him of 22,500 shares. The Form 4 was filed on August 25, 2026 (timely).

Key Details

• Transaction date: 2026-08-21 (grant and tax withholding)
• Grant: 30,000 shares (Transaction code A); grant valued at $2.57/share → ≈ $77,100 total
• Tax withholding: 7,500 shares disposed/withheld (Transaction code F) at $2.57/share → $19,275
• Net new shares received: 22,500 (30,000 granted − 7,500 withheld)
• Footnote: shares granted under Issuer’s Share‑based Compensation Plan per the company’s April 29, 2026 proxy statement; the $2.57/share valuation is from the grant.
• Shares owned after the transaction are not specified in the filing.
• Filing status: Reported on 2026-08-25 for transactions dated 2026-08-21 (within the two‑business‑day Form 4 window).

Context
This was an equity award (compensation) rather than an open‑market purchase or sale. The withholding of shares to satisfy tax obligations is common with equity grants and is recorded as a disposition (code F) for reporting purposes; it does not indicate a voluntary sale of shares for cash. Such grants reflect company compensation practices more than an insider market signal.