STOCK TITAN

IFF (NYSE: IFF) EVP reports RSU vesting and tax-share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

INTERNATIONAL FLAVORS & FRAGRANCES EVP Ralf Finzel reported routine equity compensation activity involving Restricted Stock Units (RSUs) and common stock. RSUs converted into 1,326 shares of common stock, and 734 shares were withheld to cover taxes upon vesting. After these transactions, Finzel directly holds 17,621 common shares. The RSUs convert to common stock on a one‑for‑one basis under a prior grant made on May 3, 2023, which vests in three equal installments starting on the first anniversary of the grant date.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU vesting with tax withholding; limited signal for IFF.

Executive vice president Ralf Finzel exercised 1,326 Restricted Stock Units, which converted into an equal number of INTERNATIONAL FLAVORS & FRAGRANCES common shares. This reflects an automatic vesting of previously granted RSUs rather than an open-market purchase.

To satisfy tax obligations on the vesting, 734 shares of common stock were withheld, consistent with the F transaction code. After these movements, Finzel holds 17,621 common shares directly. With no remaining derivatives listed, this looks like standard compensation and tax treatment rather than an active trading decision.

Insider Finzel Ralf
Role EVP, Global Operations Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 1,326 $70.09 $93K
Exercise Common Stock 1,326 $0.00 --
Tax Withholding Common Stock 734 $70.09 $51K
Holdings After Transaction: Restricted Stock Units — 13,180 shares (Direct, null); Common Stock — 18,355 shares (Direct, null)
Footnotes (1)
  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. On May 3, 2023, the reporting person was granted 3,978 RSUs, vesting in three equal installments beginning on the first anniversary of the grant date.
RSUs converted 1,326 shares Restricted Stock Units converting to IFF common stock
Shares withheld for taxes 734 shares Withheld upon RSU vesting for tax liabilities
Post-transaction holdings 17,621 shares IFF common stock held directly after transactions
RSU grant size 3,978 RSUs Granted on May 3, 2023, vesting in three installments
RSU conversion ratio 1:1 Each RSU converts into one share of common stock
Reference price per share $70.09 per share Used for RSU-related tax withholding transaction
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
"Reflects shares withheld for taxes payable upon the vesting of RSUs."
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.
vesting financial
"vests in three equal installments beginning on the first anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Finzel Ralf

(Last)(First)(Middle)
521 WEST 57TH STREET

(Street)
NEW YORK NEW YORK 10019

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL FLAVORS & FRAGRANCES INC [ IFF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Global Operations Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/04/2026M1,326A$0(1)18,355D
Common Stock05/04/2026F734(2)D$70.0917,621D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/04/2026M1,326 (3) (3)Common Stock1,326$70.0913,180D
Explanation of Responses:
1. The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis.
2. Reflects shares withheld for taxes payable upon the vesting of RSUs.
3. On May 3, 2023, the reporting person was granted 3,978 RSUs, vesting in three equal installments beginning on the first anniversary of the grant date.
/s/ Chrystalla Potamitou, attorney in fact05/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did IFF executive Ralf Finzel report in this Form 4 insider filing?

Ralf Finzel reported RSU vesting and related share movements. 1,326 Restricted Stock Units converted into common stock, and 734 shares were withheld to pay taxes, leaving him with 17,621 IFF common shares held directly after the transactions.

Did Ralf Finzel buy or sell INTERNATIONAL FLAVORS & FRAGRANCES (IFF) stock on the market?

The filing shows no open-market buys or sells. Activity consists of RSUs converting into 1,326 IFF common shares and 734 shares withheld for taxes. These are compensation-related and tax-withholding transactions, not discretionary market trades by the executive.

How many INTERNATIONAL FLAVORS & FRAGRANCES (IFF) shares does Ralf Finzel hold after these transactions?

After the reported Form 4 transactions, Ralf Finzel directly holds 17,621 shares of INTERNATIONAL FLAVORS & FRAGRANCES common stock. This figure reflects RSU conversion into shares and the withholding of 734 shares to cover tax liabilities upon vesting.

What do the M and F transaction codes mean in the IFF Form 4 for Ralf Finzel?

In this filing, code M reflects exercise or conversion of a derivative security, as 1,326 RSUs converted to common stock. Code F reflects 734 shares withheld to pay taxes due at vesting. Both are routine compensation mechanics rather than open-market trades.

What are the key details of the RSU grant reported by IFF EVP Ralf Finzel?

The RSUs were granted on May 3, 2023, totaling 3,978 units. They vest in three equal installments beginning on the first anniversary of the grant date, and convert to INTERNATIONAL FLAVORS & FRAGRANCES common stock on a one-for-one basis as each installment vests.