{"schema_version":"secwatch.filing_event.v1","accession":"0000103379-24-000024","form_type":"8-K","ticker":"VFC","cik":"0000103379","company_name":"V F CORP","filed_at":"2024-10-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.439635+00:00","generated_at":"2026-05-30T21:04:58.365235+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"VF Corp completes Supreme sale to EssilorLuxottica for $1.5B; expects ~$1.475B net proceeds","bullets":["Sold Supreme to EssilorLuxottica for $1.5B on October 1, 2024; net cash proceeds estimated at $1.475B.","Proceeds will repay delayed draw term loan ($1B), commercial paper ($250M), and partially redeem 2025 notes ($224.3M).","Supreme classified as discontinued operation; pro forma shows net loss of $147.9M for Q1 FY2025 vs $258.9M reported.","Pro forma FY2024 net loss widened to $1.01B from $968.9M reported, due to impairment and interest adjustments.","Transition services agreement entered with EssilorLuxottica for post-closing services."],"urls":{"canonical":"https://secwatch.observer/filing/0000103379-24-000024","json":"https://secwatch.observer/filing/0000103379-24-000024.json","markdown":"https://secwatch.observer/filing/0000103379-24-000024.md","text":"https://secwatch.observer/filing/0000103379-24-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/103379/000010337924000024/0000103379-24-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/103379/000010337924000024/vfc-20241001.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T21:04:58.365235+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"37ba0ba5375db955239a05cedd321e9791e514d2","claim":"V F CORP completed a disposition involving EssilorLuxottica S.A. for $1.5 billion (closed 2024-10-01).","evidence_excerpt":"Agreement\"), dated July 16, 2024, between the Company and EssilorLuxottica S.A. (\"Buyer\"). Pursuant to the Purchase Agreement, VF agreed to sell Supreme to the Buyer for $1.5 billion, subject to customary adjustments for cash, indebtedness, working capital and transaction expenses as set forth in the Purchase Agreement. The Company expects to receive net cash","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/103379/000010337924000024/0000103379-24-000024-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"EssilorLuxottica S.A."},{"label":"Consideration","value":"$1.5 billion"},{"label":"Closing","value":"2024-10-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}