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 (1)
- 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. The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis. 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. 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.
