Form 4: IFF CEO J Erik Fyrwald Reports Stock Transactions
SEC Form 4 Filing
J Erik Fyrwald, CEO of International Flavors & Fragrances Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On May 1, 2025, IFF CEO J Erik Fyrwald reported transactions involving International Flavors & Fragrances Inc. common stock.
- 15,875 Restricted Stock Units (RSUs) converted to common stock at a price of $0.
- 8,105 shares were disposed of to cover taxes at a price of $77.85 per share.
- Following these transactions, Fyrwald directly owns 37,070 shares of common stock.
- He also indirectly owns 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.
- Fyrwald directly owns 88,059 derivative securities in the form of Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an executive, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CEO, trade in their company's stock. It provides transparency to investors about the transactions of key personnel.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 12/21/2012 | Date of the J. Erik Fyrwald Irrevocable Trust u/a/d |
| 05/01/2024 | Reporting person was granted 47,625 RSUs, vesting in three equal installments beginning on the first anniversary of the grant date. |
| 05/01/2025 | Date of reported transactions: vesting of RSUs and tax withholding. |
| 05/05/2025 | Date of signature on the Form 4 filing. |
Keywords
IFF, International Flavors & Fragrances, J Erik Fyrwald, Form 4, SEC Filing, Restricted Stock Units, RSUs, Beneficial Ownership, Insider Trading
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