Form 4: IFF Director Hu Gaoxiang Reports Stock Transactions
SEC Form 4 Filing
Director Hu Gaoxiang reports the vesting of Restricted Stock Units and subsequent disposal of shares.
Summary
- On May 3, 2024, Director Hu Gaoxiang reported transactions involving International Flavors & Fragrances Inc. (IFF) common stock.
- The transactions involved the vesting of 1,671 Restricted Stock Units (RSUs) which converted into common stock on a one-for-one basis.
- Following the vesting, 1,671 shares of common stock were disposed of.
- The reporting person directly owns 2,105 shares of common stock following the reported transactions.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. These filings are closely watched by investors seeking insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of earliest transaction: Vesting of Restricted Stock Units and disposal of shares. |
| 05/07/2024 | Date of signature of the report. |
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