[Form 4] INTERNATIONAL FLAVORS & FRAGRANCES INC Insider Trading Activity
Rhea-AI Filing Summary
INTERNATIONAL FLAVORS & FRAGRANCES INC EVP and CFO Michael DeVeau reported routine equity compensation activity involving restricted stock units (RSUs) and common shares. He received a grant of 16,536 RSUs that convert into common stock on a one-for-one basis and vest in three equal tranches on April 1 of 2027, 2028, and 2029, subject to continued employment.
On the same date, 4,735 previously granted RSUs vested and were converted into 4,735 shares of common stock at a reference price of $72.57 per share. Of these vested shares, 2,418 common shares were withheld to cover tax obligations, a non-market, tax-withholding disposition rather than an open-market sale.
Following these transactions, DeVeau directly holds 12,912.572 shares of common stock and 26,476 RSUs, reflecting both the new award and remaining unvested units. The filing shows compensation-related grants, vesting, and associated tax withholding, not open-market buying or selling of IFF stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 16,536 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,735 | $72.57 | $344K |
| Exercise | Common Stock | 4,735 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,418 | $72.57 | $175K |
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.