IFF (NYSE: IFF) CEO receives 66,143 RSUs and exercises awards with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTERNATIONAL FLAVORS & FRAGRANCES INC Chief Executive Officer J. Erik Fyrwald reported routine equity compensation activity. On April 1, 2026, he received a grant of 66,143 Restricted Stock Units (RSUs), which each convert into one share of common stock. These RSUs vest in three equal tranches on April 1, 2027, April 1, 2028 and April 1, 2029, subject to continued employment.
On the same date, previously awarded RSUs vested and were exercised for 18,769 shares of common stock at a reference price of $72.57 per share, and 8,835 shares were withheld to cover taxes due at vesting. After these transactions, Fyrwald directly holds 101,564 shares of common stock and 135,433 RSUs, and also has indirect holdings of 2,660 shares and 8,630 shares through family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,769 shares exercised/converted
Mixed
6 txns
Insider
Fyrwald J Erik
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 66,143 | $0.00 | -- |
| Exercise | Restricted Stock Units | 18,769 | $72.57 | $1.36M |
| Exercise | Common Stock | 18,769 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,835 | $72.57 | $641K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 154,202 shares (Direct);
Common Stock — 110,399 shares (Direct);
Common Stock — 2,660 shares (Indirect, By 2012 Fyrwald Irrevocable Family Trust)
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
RSU grant: 66,143 RSUs
RSUs exercised: 18,769 shares
Tax-withholding shares: 8,835 shares at $72.57
+3 more
6 metrics
RSU grant
66,143 RSUs
Granted on April 1, 2026; convert one-for-one into common stock
RSUs exercised
18,769 shares
RSUs vested and converted into common stock on April 1, 2026
Tax-withholding shares
8,835 shares at $72.57
Shares withheld to cover taxes upon RSU vesting
Direct common shares
101,564 shares
Direct IFF common stock holdings after April 1, 2026 transactions
Outstanding RSUs
135,433 RSUs
Total Restricted Stock Units held after transactions
Indirect trust holdings
2,660 and 8,630 shares
Common stock held via two irrevocable family trusts
Key Terms
Restricted Stock Units, tax-withholding disposition, Irrevocable Family Trust, vest in three equal tranches, +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.
Irrevocable Family Trust financial
"By 2012 Fyrwald Irrevocable Family Trust"
vest in three equal tranches financial
"RSUs vest in three equal tranches with respect to the shares of Common Stock"
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.
FAQ
What insider transactions did IFF CEO J. Erik Fyrwald report on April 1, 2026?
IFF CEO J. Erik Fyrwald reported routine equity compensation events on April 1, 2026. He received 66,143 new Restricted Stock Units, exercised 18,769 previously granted RSUs into common stock, and had 8,835 shares withheld to cover tax obligations at vesting.
How many Restricted Stock Units were granted to IFF CEO J. Erik Fyrwald?
J. Erik Fyrwald was granted 66,143 Restricted Stock Units. Each RSU converts into one share of IFF common stock. These awards represent equity-based compensation and will vest over time, subject to his continued employment with International Flavors & Fragrances Inc.
When do J. Erik Fyrwald’s newly granted IFF RSUs vest?
The newly granted IFF RSUs vest in three equal tranches. The vesting dates are April 1, 2027, April 1, 2028, and April 1, 2029, and each tranche is subject to Fyrwald’s continued employment with International Flavors & Fragrances Inc.
What tax-withholding transaction did the IFF Form 4 disclose for J. Erik Fyrwald?
The Form 4 shows a tax-withholding disposition of 8,835 IFF common shares. These shares were withheld at a reference price of $72.57 per share to satisfy taxes owed upon the vesting of Restricted Stock Units, rather than being sold in the open market.