IFF CAO receives RSUs, exercises awards
INTERNATIONAL FLAVORS & FRAGRANCES INC Controller & CAO Marc Birenkrant reported compensation-related equity activity.
Rhea-AI Filing Summary
INTERNATIONAL FLAVORS & FRAGRANCES INC Controller & CAO Marc Birenkrant reported compensation-related equity activity. On April 1, 2026, he received a grant of 2,480 Restricted Stock Units (RSUs) that each convert into one share of common stock.
The new 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, 473 previously granted RSUs vested and were exercised into 473 common shares at a reference price of $72.57 per share, with 171 of those shares withheld to cover tax obligations.
After these transactions, Birenkrant directly holds 3,945.15 shares of common stock, along with indirect holdings through a 401k plan and a Deferred Compensation Plan. The filing reflects routine equity compensation grants, vesting and tax withholding rather than open‑market share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
473 shares exercised/converted
Exercise
6 txns
Insider
Birenkrant Marc
Role
Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,480 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 473 | $72.57 | $34K |
| Exercise | Common Stock | 473 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 171 | $72.57 | $12K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,007 contracts (Direct);
Common Stock — 3,945.15 shares (Direct);
Common Stock — 2,266.543 shares (Indirect, By 401k);
Common Stock — 3,431.7 shares (Indirect, By Deferred Compensation Plan)
Footnotes (4)
- F1. The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis.
- F2. Reflects shares withheld for taxes payable upon the vesting of RSUs.
- F3. 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.
- F4. RSUs vested on April 1, 2026.
Key Figures
RSU grant: 2,480 RSUs
RSUs vested: 473 RSUs
Tax-withheld shares: 171 shares
+4 more
7 metrics
RSU grant
2,480 RSUs
Granted on April 1, 2026 to Controller & CAO
RSUs vested
473 RSUs
Vested and converted to common stock on April 1, 2026
Tax-withheld shares
171 shares
Withheld to cover taxes upon RSU vesting
Reference share price
$72.57 per share
Price used for RSU exercise and tax withholding
Direct common stock holdings
3,945.15 shares
Directly held after April 1, 2026 transactions
401k indirect holdings
2,266.543 shares
Indirectly held by 401k plan as of April 1, 2026
Deferred compensation holdings
3,431.7 shares
Indirectly held by Deferred Compensation Plan
Key Terms
Restricted Stock Units, taxes payable upon the vesting, Deferred Compensation Plan, 401k, +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.
taxes payable upon the vesting financial
"Reflects shares withheld for taxes payable upon the vesting of RSUs."
Deferred Compensation Plan financial
"Common Stock ... indirect ... nature_of_ownership: By Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
401k financial
"Common Stock ... indirect ... nature_of_ownership: By 401k"
An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.
vesting financial
"RSUs vest in three equal tranches ... subject to continued employment with IFF."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did IFF (IFF) Controller & CAO Marc Birenkrant receive?
Marc Birenkrant received a grant of 2,480 Restricted Stock Units (RSUs). Each RSU converts into one share of IFF common stock and vests in three equal annual tranches starting April 1, 2027, subject to his continued employment with the company.
How do the new RSUs for IFF (IFF) vest for Marc Birenkrant?
The 2,480 RSUs vest in three equal tranches on April 1, 2027, April 1, 2028 and April 1, 2029. Vesting is contingent on Birenkrant’s continued employment with International Flavors & Fragrances, aligning his compensation with long-term shareholder interests.
What RSUs vested and converted to IFF (IFF) common stock on April 1, 2026?
On April 1, 2026, 473 previously granted RSUs vested and converted into 473 shares of IFF common stock. This exercise reflects the settlement of earlier equity awards as they reached vesting, rather than an open-market stock purchase by the executive.
Are the IFF (IFF) Form 4 transactions open-market buys or sells?
The reported transactions are not open-market trades. They reflect a grant of 2,480 RSUs, the vesting and conversion of 473 RSUs into common stock, and the withholding of 171 shares to cover taxes due at vesting, all typical compensation-related events.
AI-generated analysis. How Rhea-AI works. Not financial advice.
