IFF (NYSE: IFF) director receives grant of 2,903 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTERNATIONAL FLAVORS & FRAGRANCES INC director Paul J. Fribourg received a grant of 2,903 Restricted Stock Units as equity compensation. These RSUs convert into an equal number of shares of Common Stock on a one-for-one basis and will vest on the one-year anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FRIBOURG PAUL J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,903 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,903 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: 2,903 units
RSUs after transaction: 2,903 units
Conversion ratio: 1 RSU : 1 share
+1 more
4 metrics
RSUs granted
2,903 units
Restricted Stock Units granted to director on grant date
RSUs after transaction
2,903 units
Total Restricted Stock Units held following the grant
Conversion ratio
1 RSU : 1 share
RSUs convert into Common Stock on a one-for-one basis
Vesting period
1 year
RSUs vest on the one-year anniversary of the grant date
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
"Represent RSUs granted under the Non-Employee Director Compensation Program."
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 insider transaction did IFF director Paul J. Fribourg report?
Paul J. Fribourg reported receiving 2,903 Restricted Stock Units from International Flavors & Fragrances Inc. The award is a form of equity compensation that can convert into 2,903 shares of Common Stock after vesting, aligning director interests with shareholders.
How many IFF Restricted Stock Units did Paul J. Fribourg receive?
He received 2,903 Restricted Stock Units. Each RSU represents a right to receive one share of International Flavors & Fragrances Inc. Common Stock after vesting, giving him potential ownership of 2,903 shares when the units convert at settlement.
When do Paul J. Fribourg’s IFF Restricted Stock Units vest?
The 2,903 Restricted Stock Units will vest on the one-year anniversary of the grant date. Vesting means the units become earned, allowing them to convert into shares of Common Stock according to the company’s equity plan terms.
What is the conversion ratio for Paul J. Fribourg’s IFF RSUs?
The Restricted Stock Units convert to Common Stock on a one-for-one basis. This means each of the 2,903 RSUs can convert into one share of International Flavors & Fragrances Inc. Common Stock once the vesting and settlement conditions are satisfied.
Were Paul J. Fribourg’s IFF RSUs part of a director compensation program?
Yes. The 2,903 Restricted Stock Units were granted under International Flavors & Fragrances Inc.’s Non-Employee Director Compensation Program, indicating they are standard equity compensation for board service rather than open-market share purchases or sales.
What was Paul J. Fribourg’s RSU balance after this IFF grant?
Following the transaction, Paul J. Fribourg held 2,903 Restricted Stock Units. This reflects the newly granted award reported in the filing and shows his derivative equity position from this specific grant after the transaction.