IFF executive receives 13,780 RSUs and exercises awards
INTERNATIONAL FLAVORS & FRAGRANCES INC executive Leticia Goncalves received a grant of 13,780 Restricted Stock Units (RSUs) on Common Stock that convert one-for-one into shares.
Rhea-AI Filing Summary
INTERNATIONAL FLAVORS & FRAGRANCES INC executive Leticia Goncalves received a grant of 13,780 Restricted Stock Units (RSUs) on Common Stock that convert one-for-one into shares. The RSUs vest in three equal tranches on April 1 of 2027, 2028 and 2029, subject to continued employment.
On the same date, previously granted RSUs vested and were exercised into 7,318 shares of Common Stock at a reference price of $72.57 per share. Of these vested shares, 3,243 shares were withheld to cover taxes due, leaving 4,075 Common Stock shares held directly. After these events, Goncalves held 28,417 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,318 shares exercised/converted
Exercise
7 txns
Insider
Lourenco Leticia Goncalves
Role
President, Health & Bioscience
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 13,780 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,013 | $72.57 | $219K |
| Exercise | Restricted Stock Units | 4,305 | $72.57 | $312K |
| Exercise | Common Stock | 4,305 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,013 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,335 | $72.57 | $97K |
| Exercise Price or Tax Liability | Common Stock | 1,908 | $72.57 | $138K |
Holdings After Transaction:
Restricted Stock Units — 28,417 contracts (Direct);
Common Stock — 4,075 shares (Direct)
Footnotes (4)
- F1. The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis.
- F2. Reflects shares withheld for taxes payable upon the vesting of RSUs.
- F3. 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.
- F4. RSUs vested on April 1, 2026.
Key Figures
RSU grant: 13,780 RSUs
RSUs remaining: 28,417 RSUs
RSUs vested into shares: 7,318 shares
+4 more
7 metrics
RSU grant
13,780 RSUs
Granted on April 1, 2026 to President, Health & Bioscience
RSUs remaining
28,417 RSUs
RSU balance following grant and vesting transactions
RSUs vested into shares
7,318 shares
Common Stock received from vested RSUs on April 1, 2026
Shares withheld for taxes
3,243 shares
Tax-withholding dispositions at $72.57 per share
Common shares held after
4,075 shares
Direct Common Stock holdings following all transactions
RSU vesting dates
April 1, 2027/2028/2029
Three equal tranches subject to continued employment
Reference share value
$72.57 per share
Value used for RSU exercise and tax withholding entries
Key Terms
Restricted Stock Units, tax-withholding disposition, Exercise or conversion of derivative security, vest, +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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
vest financial
"RSUs vest in three equal tranches with respect to the shares of Common Stock"
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.
continued employment financial
"subject to continued employment with IFF."
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What RSU grant did IFF executive Leticia Goncalves receive in this Form 4?
Leticia Goncalves received a grant of 13,780 Restricted Stock Units tied to IFF Common Stock. These RSUs convert into shares on a one-for-one basis and represent equity-based compensation rather than a cash transaction or open-market share purchase.
How do Leticia Goncalves’ new IFF RSUs vest over time?
The 13,780 RSUs granted to Leticia Goncalves vest in three equal tranches on April 1 of 2027, 2028 and 2029. Vesting is subject to continued employment with International Flavors & Fragrances Inc throughout this period.
How many IFF RSUs did Leticia Goncalves hold after these transactions?
After the grant and the RSUs that vested and converted, Leticia Goncalves held 28,417 Restricted Stock Units. This figure reflects her remaining unvested or unsettled RSU awards following the April 1, 2026 equity compensation transactions reported.
What does the tax-withholding disposition mean in the IFF Form 4 filing?
The tax-withholding dispositions labeled with code “F” show 3,243 shares of Common Stock delivered to satisfy tax obligations on RSU vesting. These are not open-market sales; they simply cover taxes due when the equity awards vested.
Is there an exercise price for the IFF RSUs reported for Leticia Goncalves?
The RSUs convert to Common Stock on a one-for-one basis with a stated conversion or exercise price of $0.00. The $72.57 per-share figure reflects the value used for tax withholding on the vested RSUs, not an option strike price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
