Form 4: IFF Director Dawn C. Willoughby Acquires Restricted Stock Units
SEC Form 4 Filing
Dawn C. Willoughby, a director of International Flavors & Fragrances Inc. (IFF), acquired 1,875 Restricted Stock Units (RSUs) on May 1, 2024, convertible to common stock.
Summary
- On May 1, 2024, Dawn C. Willoughby, a director at International Flavors & Fragrances Inc. (IFF), acquired 1,875 Restricted Stock Units (RSUs).
- These RSUs were granted under the Non-Employee Director Compensation Program.
- The RSUs convert to common stock on a one-for-one basis.
- The transaction was reported on May 3, 2024.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director's acquisition of company stock, which can be interpreted as a sign of confidence. However, it's a routine transaction related to compensation.
Positives
- The acquisition of RSUs by a director signals confidence in the company's future.
Future Outlook
NA
Industry Context
This is a routine disclosure related to director compensation and aligns with standard practices for publicly traded companies.
Stakeholder Impact
- The acquisition of RSUs by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction: Dawn C. Willoughby acquired 1,875 Restricted Stock Units. |
| 05/01/2025 | Date exercisable and expiration date of the Restricted Stock Units. |
| 05/03/2024 | Date of filing: Form 4 was filed on this date. |
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