Form 4: IFF CEO J Erik Fyrwald Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
J Erik Fyrwald, CEO of International Flavors & Fragrances Inc., reports acquiring restricted stock units convertible to common stock.
Summary
- On March 1, 2024, J Erik Fyrwald, CEO of International Flavors & Fragrances Inc. (IFF), acquired 56,250 Restricted Stock Units (RSUs) that convert to common stock on a one-for-one basis.
- Fyrwald also reported direct ownership of 4,300 shares of common stock and indirect ownership of 2,660 shares through the 2012 Fyrwald Irrevocable Family Trust and 8,630 shares through the J. Erik Fyrwald Irrevocable Trust u/a/d 12/21/2012.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing related to stock ownership. The acquisition of RSUs by the CEO could be interpreted as a slightly positive signal, but it's not a major event.
Positives
- The acquisition of RSUs by the CEO could be seen as a positive sign, indicating confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 12/21/2012 | Date of the J. Erik Fyrwald Irrevocable Trust u/a/d |
| 03/01/2024 | Date of the transaction where J Erik Fyrwald acquired 56,250 Restricted Stock Units |
| 03/01/2027 | Date the Restricted Stock Units convert to Common Stock |
| 03/04/2024 | Date of signature for the Form 4 filing |
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