IFF (NYSE: IFF) director converts 2,281 RSUs into deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTERNATIONAL FLAVORS & FRAGRANCES INC director Jesus B. Mantas adjusted his equity compensation structure with no open-market trading. On May 1, 2026, 2,281 Restricted Stock Units that had fully vested were surrendered to the company and replaced, on a one-for-one basis, with 2,281 Stock Equivalent Units.
The new Stock Equivalent Units are payable in an equal number of shares of Common Stock under the company’s deferred compensation plan when Mantas leaves the Board or on a set date after retirement. This filing reflects routine non‑cash director compensation and deferral, rather than a purchase or sale of IFF stock in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mantas Jesus B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units | 2,281 | $0.00 | -- |
| Grant/Award | Stock Equivalent Unit | 2,281 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Stock Equivalent Unit — 2,281 shares (Direct, null)
Footnotes (1)
- The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis. Represent RSUs granted under the Non-Employee Director Compensation Program. On September 2, 2025, the reporting person was granted 2,281 RSUs, all of which vested on May 1, 2026. Upon the vesting of RSUs on May 1, 2026, the reporting person deferred the receipt of 2,281 shares of Common Stock and received instead 2,281 Stock Equivalent Units ("Units") pursuant to the Company's deferredcompensation plan. The Units convert to Common Stock on a one-for-one basis. The Units are payable in Common Stock upon the earlier of the reporting person ceasing to serve as a member of the Company's Board of Directors or January 1 following retirement.
Key Figures
Stock Equivalent Units granted: 2,281 units
RSUs disposed to issuer: 2,281 units
Underlying common stock linkage: 1:1 ratio
3 metrics
Stock Equivalent Units granted
2,281 units
Award of Stock Equivalent Units on May 1, 2026
RSUs disposed to issuer
2,281 units
Restricted Stock Units surrendered on May 1, 2026
Underlying common stock linkage
1:1 ratio
Each RSU and Stock Equivalent Unit converts into one IFF share
Key Terms
Restricted Stock Units, Stock Equivalent Units, Non-Employee Director Compensation Program, deferred compensation plan
4 terms
Restricted Stock Units financial
"On September 2, 2025, the reporting person was granted 2,281 RSUs, all of which vested on May 1, 2026."
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.
Stock Equivalent Units financial
"Upon the vesting of RSUs on May 1, 2026, the reporting person deferred the receipt of 2,281 shares of Common Stock and received instead 2,281 Stock Equivalent Units ("Units") pursuant to the Company's deferredcompensation plan."
Stock equivalent units are financial claims or instruments that are treated as if they were actual shares for purposes like calculating ownership, dilution, and earnings per share. Think of them as promises or placeholders for future slices of company pie—options, restricted units, or convertible securities—that don’t yet sit on the table but will reduce each existing slice when converted. Investors track them because they change how much of a company each share really represents and can affect valuation and voting power.
Non-Employee Director Compensation Program financial
"Represent RSUs granted under the Non-Employee Director Compensation Program."
deferred compensation plan financial
"received instead 2,281 Stock Equivalent Units ("Units") pursuant to the Company's deferredcompensation plan."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
FAQ
What insider transaction did IFF director Jesus B. Mantas report on this Form 4?
Jesus B. Mantas reported a vesting-related change in equity awards, not a market trade. On May 1, 2026, 2,281 vested Restricted Stock Units were exchanged for 2,281 Stock Equivalent Units tied to IFF common stock under a deferred compensation arrangement.
How many IFF Stock Equivalent Units did Jesus B. Mantas receive in this Form 4?
Mantas received 2,281 Stock Equivalent Units. Each unit is tied one-for-one to a share of IFF common stock. These units were issued when an equal number of vested Restricted Stock Units were converted into deferred units rather than current share delivery.
What are the key terms of the Stock Equivalent Units reported by IFF director Jesus B. Mantas?
The Stock Equivalent Units convert to IFF common stock on a one-for-one basis. They are payable in shares when Mantas ceases to serve on the Board or on January 1 following his retirement, under the company’s deferred compensation plan for non‑employee directors.
When did the Restricted Stock Units in this IFF Form 4 vest and convert for Jesus B. Mantas?
The 2,281 Restricted Stock Units were granted on September 2, 2025 and fully vested on May 1, 2026. At vesting, Mantas deferred settlement, exchanging the RSUs for 2,281 Stock Equivalent Units instead of immediately receiving IFF common shares.
Is the IFF Form 4 for Jesus B. Mantas part of a director compensation program?
Yes. The filing notes that the 2,281 Restricted Stock Units were granted under IFF’s Non-Employee Director Compensation Program. Upon vesting, Mantas chose to defer receipt and obtained 2,281 Stock Equivalent Units under the company’s deferred compensation plan.