IFF director granted 2,903 restricted stock units
INTERNATIONAL FLAVORS & FRAGRANCES INC director Richard Mulligan received a grant of 2,903 Restricted Stock Units as compensation under the Non-Employee Director Compensation Program.
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Form Type
4
Rhea-AI Filing Summary
INTERNATIONAL FLAVORS & FRAGRANCES INC director Richard Mulligan received a grant of 2,903 Restricted Stock Units as compensation under the Non-Employee Director Compensation Program. These RSUs convert into an equal number of shares of Common Stock on a one-for-one basis and will vest on the one-year anniversary of the grant date.
Insider Trade Summary
Grant/Award: 2,903 shares
Grant/Award
1 txn
Insider
Mulligan Richard
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,903 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 2,903 contracts (Direct)
Footnotes (3)
- F1. The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis.
- F2. Represent RSUs granted under the Non-Employee Director Compensation Program.
- F3. The RSUs will vest on the one-year anniversary of the grant date.
Key Figures
RSUs granted: 2,903 units
Shares after transaction: 2,903 RSUs
Grant price: $0.0000 per RSU
+2 more
5 metrics
RSUs granted
2,903 units
Restricted Stock Units awarded to director on April 29, 2026
Shares after transaction
2,903 RSUs
Total derivative holdings following the RSU grant
Grant price
$0.0000 per RSU
Equity award issued at no cash cost to the director
Vesting date
One-year after grant
RSUs vest on the one-year anniversary of April 29, 2026
Conversion ratio
1 RSU : 1 share
RSUs convert into Common Stock on a one-for-one basis
Key Terms
Restricted Stock Units, Non-Employee Director Compensation Program, vest, derivative
4 terms
Restricted Stock Units financial
"The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Non-Employee Director Compensation Program financial
"Represent RSUs granted under the Non-Employee Director Compensation Program."
vest financial
"The RSUs will vest on the one-year anniversary of the grant date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
derivative financial
"transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IFF director Richard Mulligan report on this Form 4?
Richard Mulligan reported receiving 2,903 Restricted Stock Units from INTERNATIONAL FLAVORS & FRAGRANCES INC. The grant is a form of equity compensation and reflects an acquisition of derivative securities rather than an open-market share purchase or sale.
How many IFF Restricted Stock Units did Richard Mulligan acquire?
Richard Mulligan acquired 2,903 Restricted Stock Units. Each unit represents the right to receive one share of IFF Common Stock in the future, subject to vesting conditions described in the company’s Non-Employee Director Compensation Program.
When do Richard Mulligan’s IFF Restricted Stock Units vest?
The Restricted Stock Units granted to Richard Mulligan will vest on the one-year anniversary of the grant date. Vesting must occur before the RSUs convert into shares of Common Stock deliverable to the director, according to the footnote disclosure.
What is the conversion ratio for Richard Mulligan’s IFF RSUs?
The Restricted Stock Units convert into IFF Common Stock on a one-for-one basis. This means each of the 2,903 RSUs corresponds to one share of Common Stock once vesting conditions are satisfied and the units are settled.
Was Richard Mulligan’s IFF RSU grant an open-market purchase or sale?
The RSU grant was not an open-market purchase or sale. It is categorized as a grant or award acquisition, issued at a price of $0.0000 per unit as part of the company’s Non-Employee Director Compensation Program rather than a market transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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