Brett Icahn (IFF) converts 1,712 restricted stock units into common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTERNATIONAL FLAVORS & FRAGRANCES INC director Brett Icahn exercised restricted stock units into common shares. On May 1, 2026, 1,712 RSUs granted under the Non-Employee Director Compensation Program converted into 1,712 shares of common stock on a one-for-one basis, increasing his direct holdings to 34,712 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,712 shares exercised/converted
Mixed
2 txns
Insider
ICAHN BRETT
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,712 | $70.81 | $121K |
| Exercise | Common Stock | 1,712 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 34,712 shares (Direct, null)
Footnotes (1)
- Represent RSUs granted under the Non-Employee Director Compensation Program. The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis. On November 3, 2025, the reporting person was granted 1,712 restricted stock units, all of which vested on May 1, 2026.
Key Figures
RSUs exercised: 1,712 units
Shares received: 1,712 shares
Holdings after transaction: 34,712 shares
+3 more
6 metrics
RSUs exercised
1,712 units
Restricted Stock Units converted to common stock on May 1, 2026
Shares received
1,712 shares
Common stock received from RSU conversion on May 1, 2026
Holdings after transaction
34,712 shares
Direct common stock held by Brett Icahn following the Form 4 transaction
RSU grant date
November 3, 2025
Grant of 1,712 RSUs under Non-Employee Director Compensation Program
RSU vesting date
May 1, 2026
All 1,712 RSUs vested and converted to common stock
RSU price reference
$70.81 per unit
Transaction price per RSU in derivative entry
Key Terms
Restricted Stock Units, Non-Employee Director Compensation Program, derivative security, Form 4
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.
Non-Employee Director Compensation Program financial
"Represent RSUs granted under the Non-Employee Director Compensation Program."
derivative security financial
"transaction_code_description: 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.
Form 4 regulatory
"This Form 4 shows only the exercise and conversion of 1,712 restricted stock units"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Brett Icahn report at IFF on May 1, 2026?
Brett Icahn reported exercising 1,712 restricted stock units into 1,712 shares of INTERNATIONAL FLAVORS & FRAGRANCES INC common stock. This was a derivative exercise, not an open-market purchase or sale, and reflects the vesting of prior equity compensation.
What are the terms of the restricted stock units reported by Brett Icahn at IFF?
The filing states Brett Icahn was granted 1,712 restricted stock units on November 3, 2025, under the Non-Employee Director Compensation Program. All 1,712 RSUs vested on May 1, 2026 and converted into common stock on a one-for-one basis as part of his equity compensation.
Does Brett Icahn have remaining restricted stock units in IFF after this transaction?
According to the Form 4 data, Brett Icahn has zero remaining restricted stock units after this transaction. The 1,712 RSUs reported were fully vested and converted into 1,712 shares of common stock, leaving no derivative balance in this specific RSU award.