Form 4: IFF Director Carol Anthony Davidson Reports Stock Transactions
SEC Form 4 Filing
Director Carol Anthony Davidson reports the vesting and subsequent disposal of restricted stock units into common stock of International Flavors & Fragrances Inc.
Summary
- On May 3, 2024, Director Carol Anthony Davidson 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.
- Davidson did not defer the receipt of these shares pursuant to IFF's deferred compensation plan.
- Following the transaction, Davidson directly owns 1,926 shares of IFF common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of transaction: Vesting of Restricted Stock Units and conversion to common stock. |
| 05/07/2024 | Date of signature on the Form 4 filing. |
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