VF Corp Reports Officer Changes & Debt Details
Ticker: VFC · Form: 8-K · Filed: Feb 14, 2024 · CIK: 103379
Sentiment: neutral
Topics: officer-change, debt, corporate-governance
Related Tickers: VFC
TL;DR
**VF Corp filed an 8-K detailing officer changes, compensatory arrangements, and existing fixed-rate notes, but without specific names or amounts.**
AI Summary
V F Corp filed an 8-K on February 14, 2024, reporting events from February 13, 2024, concerning the departure, election, or appointment of certain officers and their compensatory arrangements. The filing also included a Regulation FD Disclosure. Additionally, it referenced several fixed-rate notes, including 4.125% notes due September 2026, 0.250% notes due 2028, 4.250% notes due 2029, and 0.625% notes due 2032.
Why It Matters
Changes in executive leadership and compensatory arrangements can signal strategic shifts or financial health, while details on outstanding notes provide insight into the company's debt structure and future obligations.
Risk Assessment
Risk Level: medium — While the filing mentions officer changes and compensatory arrangements, the lack of specific details makes it difficult to assess the full impact, potentially indicating undisclosed significant events.
Key Numbers
- 4.125% — Interest Rate (Fixed Rate Notes due September 2026)
- 0.250% — Interest Rate (Fixed Rate Notes due 2028)
- 4.250% — Interest Rate (Fixed Rate Notes due 2029)
- 0.625% — Interest Rate (Fixed Rate Notes due 2032)
Key Players & Entities
- V F CORP (company) — filer
- February 13, 2024 (date) — period of report
- February 14, 2024 (date) — filing date
- September 2026 (date) — due date for 4.125% notes
- 2028 (date) — due date for 0.250% notes
- 2029 (date) — due date for 4.250% notes
- 2032 (date) — due date for 0.625% notes
- 4.125% (dollar_amount) — interest rate for notes
- 0.250% (dollar_amount) — interest rate for notes
- 4.250% (dollar_amount) — interest rate for notes
FAQ
What specific events did V F Corp report on February 13, 2024?
V F Corp reported events related to the departure, election, or appointment of certain officers, compensatory arrangements for officers, and a Regulation FD Disclosure.
When was this 8-K filing submitted to the SEC?
The 8-K filing was submitted to the SEC on February 14, 2024.
What types of fixed-rate notes were mentioned in the filing?
The filing mentioned 4.125% notes due September 2026, 0.250% notes due 2028, 4.250% notes due 2029, and 0.625% notes due 2032.
What is the CIK number for V F Corp?
The Central Index Key (CIK) number for V F Corp is 0000103379.
What items of information were included in this 8-K filing?
The 8-K filing included Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers), Item 7.01 (Regulation FD Disclosure), and Item 9.01 (Financial Statements and Exhibits).
Filing Stats: 713 words · 3 min read · ~2 pages · Grade level 9.7 · Accepted 2024-02-14 06:05:57
Filing Documents
- d778264d8k.htm (8-K) — 33KB
- d778264dex991.htm (EX-99.1) — 11KB
- 0001193125-24-034764.txt ( ) — 224KB
- vfc-20240213.xsd (EX-101.SCH) — 5KB
- vfc-20240213_def.xml (EX-101.DEF) — 15KB
- vfc-20240213_lab.xml (EX-101.LAB) — 25KB
- vfc-20240213_pre.xml (EX-101.PRE) — 16KB
- d778264d8k_htm.xml (XML) — 10KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press release issued by V. F. Corporation on February 13, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. V.F. CORPORATION By: /s/ Jennifer S. Sim Name: Jennifer S. Sim Title: Executive Vice President, General Counsel & Secretary Date: February 14, 2024