IFF (NYSE: IFF) director converts 2,281 RSUs to deferred units
Rhea-AI Filing Summary
INTERNATIONAL FLAVORS & FRAGRANCES INC director Paul J. Fribourg adjusted his equity compensation by deferring vested shares into deferred stock units. On May 1, 2026, 2,281 Restricted Stock Units that vested were disposed to the issuer, and an equivalent 2,281 Stock Equivalent Units were granted.
The RSUs had been granted on September 2, 2025 under the Non-Employee Director Compensation Program. Both the RSUs and the new Stock Equivalent Units convert to Common Stock on a one-for-one basis. The Units will be paid in Common Stock when Fribourg leaves the Board or on January 1 following retirement. These transactions are compensation-related and do not involve open-market buying or selling of IFF shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FRIBOURG PAUL J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units | 2,281 | $0.00 | $0.00 |
| Grant/Award | Stock Equivalent Unit | 2,281 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Stock Equivalent Unit — 2,281 shares (Direct)
Footnotes (6)
- 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. On September 2, 2025, the reporting person was granted 2,281 RSUs, all of which vested on May 1, 2026.
- F4. 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 deferred compensation plan.
- F5. The Units convert to Common Stock on a one-for-one basis.
- F6. 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
RSUs granted: 2,281 units
RSUs vested and disposed: 2,281 units
Stock Equivalent Units granted: 2,281 units
+1 more
4 metrics
RSUs granted
2,281 units
Granted on September 2, 2025 under Non-Employee Director Compensation Program
RSUs vested and disposed
2,281 units
All RSUs vested and were disposed to issuer on May 1, 2026
Stock Equivalent Units granted
2,281 units
Granted on May 1, 2026 as deferred compensation, one-for-one into Common Stock
Stock Equivalent Units holding after transaction
2,281 units
Total Stock Equivalent Units directly held following May 1, 2026 transactions
Key Terms
Restricted Stock Units, Stock Equivalent Unit, deferred compensation plan, Non-Employee Director Compensation Program, +1 more
5 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 Unit 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")."
deferred compensation plan financial
"received instead 2,281 Stock Equivalent Units ("Units") pursuant to the Company's deferred compensation 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.
Non-Employee Director Compensation Program financial
"Represent RSUs granted under the Non-Employee Director Compensation Program."
Common Stock financial
"The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Paul J. Fribourg report in this IFF Form 4 filing?
Paul J. Fribourg reported a compensation-related change, deferring 2,281 vested Restricted Stock Units into 2,281 Stock Equivalent Units. This shifts his award into a deferred form of IFF Common Stock rather than involving any open-market stock purchase or sale.
How many IFF units and RSUs were involved in Paul J. Fribourg’s Form 4?
The filing shows 2,281 Restricted Stock Units vesting and being disposed to the issuer, matched by a grant of 2,281 Stock Equivalent Units. Both instruments convert into IFF Common Stock on a one-for-one basis, preserving the same share count in deferred form.
When were Paul J. Fribourg’s IFF RSUs granted and when did they vest?
According to the filing, Paul J. Fribourg was granted 2,281 Restricted Stock Units on September 2, 2025. All 2,281 RSUs fully vested on May 1, 2026, triggering the conversion and deferral into Stock Equivalent Units under the company’s programs.
What are Stock Equivalent Units in this IFF Form 4 filing?
Stock Equivalent Units are deferred compensation instruments that convert into IFF Common Stock on a one-for-one basis. In this case, 2,281 Units replace 2,281 vested RSUs and will be settled in shares when Fribourg leaves the Board or on January 1 after retirement.