Form 4: IFF Director Barry A. Bruno Reports Stock Transactions
SEC Form 4 Filing
Director Barry A. Bruno reports the vesting of Restricted Stock Units and subsequent disposition of shares of International Flavors & Fragrances Inc.
Summary
- On May 3, 2024, Director Barry A. Bruno vested 1,671 Restricted Stock Units (RSUs) of International Flavors & Fragrances Inc. (IFF).
- These RSUs converted into 1,671 shares of IFF common stock on a one-for-one basis.
- The director then disposed of 3,205 shares of common stock.
- Following these transactions, the director still beneficially owns common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of RSU vesting and stock transaction |
| 05/07/2024 | Date of signature on the Form 4 filing |
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