IFF CEO exercises 15,875 RSUs, withholds shares
INTERNATIONAL FLAVORS & FRAGRANCES INC Chief Executive Officer J. Erik Fyrwald reported routine equity-compensation activity involving Restricted Stock Units.
Rhea-AI Filing Summary
INTERNATIONAL FLAVORS & FRAGRANCES INC Chief Executive Officer J. Erik Fyrwald reported routine equity-compensation activity involving Restricted Stock Units. On May 1, 2026, he exercised 15,875 RSUs, which converted into an equal number of Common Stock shares on a one-for-one basis.
To cover taxes due upon vesting, 7,763 Common Stock shares were disposed of as a tax-withholding transaction at a reported price of $70.81 per share, rather than through an open-market sale. After these transactions, he directly held 109,676 Common Stock shares. He also reported indirect ownership of Common Stock through two irrevocable trusts holding 8,630 shares and 2,660 shares, respectively.
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Insider Trade Summary
15,875 shares exercised/converted
Exercise
5 txns
Insider
Fyrwald J Erik
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 15,875 | $70.81 | $1.12M |
| Exercise | Common Stock | 15,875 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 7,763 | $70.81 | $550K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 119,558 contracts (Direct);
Common Stock — 109,676 shares (Direct);
Common Stock — 2,660 shares (Indirect, By 2012 Fyrwald Irrevocable Family Trust);
Common Stock — 8,630 shares (Indirect, By J. Erik Fyrwald Irrevocable Trust u/a/d 12/21/2012)
Footnotes (3)
- 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. On May 1, 2024, the reporting person was granted 47,625 RSUs, vesting in three equal installments beginning on the first anniversary of the grant date.
Key Figures
RSUs exercised: 15,875 units
Shares withheld for taxes: 7,763 shares
Tax-withholding price: $70.81 per share
+4 more
7 metrics
RSUs exercised
15,875 units
Restricted Stock Units converting one-for-one into Common Stock on May 1, 2026
Shares withheld for taxes
7,763 shares
Common Stock disposed in F-code tax-withholding transaction tied to RSU vesting
Tax-withholding price
$70.81 per share
Reported price for Common Stock shares used to satisfy tax liability
Direct holdings after transaction
109,676 shares
Common Stock directly owned by J. Erik Fyrwald following reported Form 4 transactions
Indirect trust holding 1
8,630 shares
Common Stock held by J. Erik Fyrwald Irrevocable Trust u/a/d 12/21/2012
Indirect trust holding 2
2,660 shares
Common Stock held by 2012 Fyrwald Irrevocable Family Trust
Original RSU grant
47,625 RSUs
Grant on May 1, 2024, vesting in three equal annual installments
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, indirect ownership
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.
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "By J. Erik Fyrwald Irrevocable Trust""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did IFF CEO J. Erik Fyrwald report in this Form 4 filing?
J. Erik Fyrwald reported the vesting and exercise of 15,875 Restricted Stock Units that converted into Common Stock on a one-for-one basis. The filing also shows related tax-withholding share dispositions and his updated direct and indirect share ownership positions.
What grant and vesting schedule is disclosed for J. Erik Fyrwald’s IFF RSUs?
A footnote explains that on May 1, 2024, Fyrwald was granted 47,625 RSUs, vesting in three equal installments. Vesting begins on the first anniversary of the grant date, meaning the 15,875 RSUs reported here represent one of those scheduled vesting tranches.
AI-generated analysis. How Rhea-AI works. Not financial advice.
