International Flavors & Fragrances (NYSE: IFF) EVP gains RSUs and covers taxes with shares
Rhea-AI Filing Summary
International Flavors & Fragrances executive Stephen N. Landsman, EVP and General Counsel, reported equity compensation changes. He received a grant of 15,158 Restricted Stock Units (RSUs) on April 1, 2026, each convertible into one share of common stock.
On the same date, 3,228 RSUs vested and converted into 3,228 shares of common stock at a reference price of $72.57 per share, and 1,164 of those shares were withheld to cover taxes. Following these transactions, he directly held 17,164 shares of common stock and 24,844 RSUs that vest in three equal tranches on April 1, 2027, April 1, 2028 and April 1, 2029, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,228 shares exercised/converted
Mixed
4 txns
Insider
Landsman Stephen N
Role
EVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15,158 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,228 | $72.57 | $234K |
| Exercise | Common Stock | 3,228 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,164 | $72.57 | $84K |
Holdings After Transaction:
Restricted Stock Units — 24,844 shares (Direct);
Common Stock — 18,328 shares (Direct)
Footnotes (1)
- The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis. Reflects shares withheld for taxes payable upon the vesting of RSUs. RSUs vest in three equal tranches with respect to the shares of Common Stock on each of April 1, 2027, April 1, 2028 and April 1, 2029, subject to continued employment with IFF. RSUs vested on April 1, 2026.
Key Figures
RSUs granted: 15,158 RSUs
RSUs vested and converted: 3,228 shares
Shares withheld for taxes: 1,164 shares
+4 more
7 metrics
RSUs granted
15,158 RSUs
Award to EVP and General Counsel on April 1, 2026
RSUs vested and converted
3,228 shares
RSUs vested into common stock on April 1, 2026
Shares withheld for taxes
1,164 shares
Tax withholding on RSU vesting at $72.57 per share
Post-transaction common stock holdings
17,164 shares
Directly held common stock after April 1, 2026 transactions
Post-transaction RSU balance
24,844 RSUs
Total RSUs following grant and vesting events
Reference share price
<money>$72.57</money> per share
Price shown for RSU exercise and tax-withholding entries
Future vesting dates
April 1, 2027; April 1, 2028; April 1, 2029
Scheduled vesting of new RSU grant, in three equal tranches
Key Terms
Restricted Stock Units, vest, taxes payable upon the vesting, exercise or conversion of derivative security, +1 more
5 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.
vest financial
"RSUs vest in three equal tranches with respect to the shares of Common Stock on each of April 1, 2027, April 1, 2028 and April 1, 2029"
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.
taxes payable upon the vesting financial
"Reflects shares withheld for taxes payable upon the vesting of RSUs."
exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: Payment of exercise price or tax liability by delivering securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did IFF EVP Stephen Landsman report on this Form 4?
Stephen N. Landsman reported an award of 15,158 Restricted Stock Units, the vesting and conversion of 3,228 RSUs into common stock, and the withholding of 1,164 shares to cover taxes, all effective on April 1, 2026.
How many International Flavors & Fragrances (IFF) RSUs were granted to Stephen Landsman?
He received a grant of 15,158 Restricted Stock Units that each convert into one share of IFF common stock. These RSUs vest in three equal tranches on April 1, 2027, April 1, 2028, and April 1, 2029, subject to continued employment.
Over what period will Stephen Landsman’s new IFF RSU grant vest?
The new 15,158 RSU grant will vest in three equal parts on April 1, 2027, April 1, 2028, and April 1, 2029. Each vested unit converts into one share of International Flavors & Fragrances common stock, assuming continued employment.