SEC Form 3 · accession 0001193125-26-395509
Village Farms International, Inc. · VFF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hamid Shekarchi
Officer — Interim CFO
Period of report
Sep 9, 2026
Accepted (ET)
Sep 18, 2026 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001584549
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | holding | — | — | — | 25,619 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1,F4,F2,F3 | — | holding | — | — | — | — | — | Common Shares | 20,730 | — | D |
| Restricted Share UnitsF1,F4,F5,F6 | — | holding | — | — | — | — | — | Common Shares | 3,454 | — | D |
| Restricted Share UnitsF1,F4,F7,F3 | — | holding | — | — | — | — | — | Common Shares | 13,650 | — | D |
| Restricted Share UnitsF1,F4,F8,F3 | — | holding | — | — | — | — | — | Common Shares | 28,620 | — | D |
| OptionsF9 | $0.98 | holding | — | — | — | — | Mar 8, 2033 | Common Shares | 6,667 | — | D |
| OptionsF10 | $1.33 | holding | — | — | — | — | May 7, 2029 | Common Shares | 66,667 | — | D |
| OptionsF11 | $2.97 | holding | — | — | — | — | Sep 10, 2031 | Common Shares | 100,000 | — | D |
Explanation of responses
- F1Restricted Share Units ("RSUs") are time and/or performance-based rights to receive common shares 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.
- F10Stock options vest over a three-year period with one-third (1/3) of the issued options vesting on each of the first 3 anniversaries of the date of the grant. As of the date hereof, 33,334 of the options are vested. The remainder of the options will vest on May 7, 2027.
- F11Stock options vest over a three-year period with one-third (1/3) of the issued options vesting on each of the first 3 anniversaries of the date of the grant. As of the date hereof, all 100,000 of the options are unvested. The options will vest in equal thirds on September 10, 2027, September 10, 2028 and September 10, 2029.
- F2One-third (1/3) of the issued RSUs vest on each of the first 3 anniversaries of the date of the grant. These RSUs were part of a grant made on April 1, 2025 and as of the date hereof, one-third of the original grant became vested and 20,730 RSUs remain unvested.
- F3The RSUs do not have a stated expiration date.
- F4RSUs do not require payment of a conversion or exercise price.
- F5These RSUs are performance based and vest on December 31, 2027 if Issuer's common share price is greater than $3.00 per common share. As of the date hereof, all RSUs are unvested.
- F6The RSUs that are subject to performance-based vesting criteria expire on January 1, 2028 if such performance-based vesting criteria has not been met.
- F7One-third (1/3) of the issued RSUs vest on each of the first 3 anniversaries of the date of the grant. These RSUs were granted on July 1, 2026 and as of the date hereof, all 13,650 RSUs remain unvested.
- F8One-third (1/3) of the issued RSUs vest on each of the first 3 anniversaries of the date of the grant. These RSUs were granted on September 10, 2026 and as of the date hereof, all 28,620 RSUs remain unvested.
- F9Stock options vest over a three-year period with one-third (1/3) of the issued options vesting on each of the first 3 anniversaries of the date of the grant. As of the date hereof, all 6,667 of the options are vested.