IFF (NYSE: IFF) director Kevin O'Byrne receives 4,839 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTERNATIONAL FLAVORS & FRAGRANCES INC director Kevin O'Byrne received a routine equity grant as compensation. He was awarded 4,839 Restricted Stock Units, which convert into an equal number of shares of Common Stock on a one-for-one basis. These RSUs were granted under the company’s Non-Employee Director Compensation Program and will vest on the one-year anniversary of the grant date. Following this award, his reported derivative holdings from this grant total 4,839 RSUs, reflecting standard board compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Byrne Kevin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,839 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,839 shares (Direct, null)
Footnotes (1)
- The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis. Represent RSUs granted under the Non-Employee Director Compensation Program. The RSUs will vest on the one-year anniversary of the grant date.
Key Figures
RSUs granted: 4,839 units
Grant price: $0.0000 per unit
Underlying shares: 4,839 shares
+2 more
5 metrics
RSUs granted
4,839 units
Restricted Stock Units awarded to director Kevin O'Byrne
Grant price
$0.0000 per unit
Equity compensation grant, non-cash
Underlying shares
4,839 shares
Common Stock issuable on one-for-one RSU conversion
Vesting schedule
One-year cliff
RSUs vest on one-year anniversary of grant date
Post-grant RSU holdings
4,839 units
Total RSUs held following the reported transaction
Key Terms
Restricted Stock Units, RSUs, Non-Employee Director Compensation Program, vest
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.
RSUs financial
"The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Non-Employee Director Compensation Program financial
"Represent RSUs granted under the Non-Employee Director Compensation Program."
vest financial
"The RSUs will vest on the one-year anniversary of the grant date."
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.
FAQ
What did Kevin O'Byrne acquire in his latest Form 4 for IFF?
Kevin O'Byrne received 4,839 Restricted Stock Units as compensation. These RSUs were granted under International Flavors & Fragrances’ Non-Employee Director Compensation Program and will eventually convert into an equal number of Common Stock shares, subject to vesting conditions.
Are Kevin O'Byrne’s 4,839 IFF Restricted Stock Units an open-market purchase?
No, the 4,839 Restricted Stock Units are a compensation grant, not an open-market purchase. They were awarded under IFF’s Non-Employee Director Compensation Program and carry a zero-dollar grant price, reflecting non-cash equity-based board compensation.
When will Kevin O'Byrne’s 4,839 IFF RSUs vest?
The 4,839 Restricted Stock Units will vest on the one-year anniversary of the grant date. Once vested, these RSUs convert into the same number of IFF Common Stock shares, aligning director compensation with long-term shareholder value.
How do Kevin O'Byrne’s IFF RSUs convert into Common Stock?
Each Restricted Stock Unit converts into one share of IFF Common Stock. The filing states the RSUs convert on a one-for-one basis, meaning all 4,839 RSUs can become 4,839 shares once the vesting condition is satisfied.
What is the significance of the Non-Employee Director Compensation Program at IFF?
The Non-Employee Director Compensation Program provides equity awards like Restricted Stock Units to board members. O'Byrne’s 4,839 RSU grant under this program represents standard non-cash director compensation, helping align board interests with shareholders through long-term stock exposure.