IFF insider filing: Controller & CAO reports shares and RSUs
Rhea-AI Filing Summary
Form 3 filed for INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF) reports initial beneficial ownership for Marc Birenkrant, who is listed as Controller & CAO and an officer. The filing states the reportable event date of 08/10/2025 and shows 3,643.15 shares held directly, plus 2,266.543 shares indirectly via a 401(k) and 3,431.7 shares indirectly via a deferred compensation plan. The filing discloses restricted stock unit grants converting one-for-one to common stock: 1,421 RSUs (granted 04/01/2025), 1,191 RSUs (granted 05/01/2024), and 1,167 RSUs (granted 05/03/2023), each vesting in three equal annual installments. The form is signed by an attorney-in-fact on 08/19/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider ownership disclosure showing modest direct holdings and multi-year RSU grants, no unusual transactions.
The Form 3 documents initial beneficial ownership for an officer, detailing direct and indirect share holdings and outstanding restricted stock units that vest over time. Holdings appear modest relative to large-cap peers and the RSU schedule is standard for executive compensation, converting one-for-one into common shares. No sales, option exercises, or extraordinary transactions are reported, indicating no immediate market impact.
TL;DR: Governance disclosure is complete for an initial filing; vesting schedules and indirect holdings are properly reported.
The filing identifies the reporting persons role (Controller & CAO) and discloses both direct and indirect ownership including retirement and deferred compensation vehicles. RSU grant dates and vesting mechanics are stated, and the 1:1 conversion is explicit. The signature by an attorney-in-fact is noted, consistent with procedural practice for insiders using powers of attorney.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. On April 1, 2025, the reporting person was granted 1,421 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.
- F2. The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis.
- F3. On May 1, 2024, the reporting person was granted 1,191 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.
- F4. On May 3, 2023, the reporting person was granted 1,167 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.
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