Form 4: Brett Icahn Receives IFF Restricted Stock Units
Director Equity Grant
Director Brett Icahn was granted 2,903 restricted stock units as part of the International Flavors & Fragrances non-employee director compensation program.
Summary
- Director Brett Icahn received a grant of 2,903 Restricted Stock Units (RSUs) on April 29, 2026.
- The RSUs were issued under the company's Non-Employee Director Compensation Program.
- Each RSU represents a right to receive one share of IFF common stock upon vesting.
- The units are scheduled to vest in full on April 29, 2027.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Standard market risks associated with equity ownership and share price volatility.
Future Outlook
The RSUs will vest on April 29, 2027, at which point they convert to common stock on a one-for-one basis.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice designed to ensure long-term alignment between board members and shareholders in the specialty chemicals and ingredients sector.
Comparison to Industry Standards
- The grant follows standard industry practices for director compensation in large-cap public companies.
- The one-year vesting schedule is consistent with typical equity retention programs for board members.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation | Grant of equity under the Non-Employee Director Compensation Program. | 04/29/2026 | Neutral; standard compensation practice. |
Stakeholder Impact
- Minimal impact on shareholders; represents standard director compensation.
Next Steps
- Vesting of the 2,903 RSUs on April 29, 2027.
Key Dates
| Date | Description |
|---|---|
| 04/29/2026 | Grant date of Restricted Stock Units. |
| 04/30/2026 | Filing date of the Form 4. |
| 04/29/2027 | Vesting date of the granted Restricted Stock Units. |
Keywords
IFF, International Flavors & Fragrances, Brett Icahn, Director Compensation, Restricted Stock Units, Insider Transaction
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