SHEARER ROBERT K

Robert K. Shearer's 322 Form 4 transactions split cleanly into two career phases, both anchored in consumer products and apparel. The first is his operating-era relationship with VF Corp (VFC), where 168 transactions from 2004 to 2015 produced roughly 965,120 shares disposed and none acquired -- the largest single sell-down in his record, consistent with a long-tenured senior executive monetizing equity. The second phase is a portfolio of board seats at consumer and retail names: Church & Dwight (CHD, his deepest current relationship at 102 transactions since 2008), Kontoor Brands (KTB, the Wrangler-and-Lee business spun out of VF Corp itself in 2019), YETI Holdings (YETI, since 2018), and a brief stint at The Fresh Market (2015-2016). The recent ledger shows the mechanics plainly: on 2026-06-11, two Church & Dwight option exercises of 8,600 shares at a $77.33 strike were paired with a same-day open-market sale of 8,600 shares near $98 -- a textbook exercise-and-sell -- alongside routine director awards (code A) at both CHD and Kontoor through 2025 and 2026. The throughline is an executive-to-director arc that never left the consumer-and-apparel orbit, with the Kontoor seat a direct lineage from his VF Corp role. It documents how the equity moved, not a view on any of these names.