Form 4: IFF Director Jesus Mantas Reports Stock Transactions

Jesus Mantas, a Director at International Flavors & Fragrances Inc. (IFF), reported transactions involving Restricted Stock Units (RSUs) and Stock Equivalent Units.

Summary

• Jesus Mantas, a Director at International Flavors & Fragrances Inc. (IFF), has filed a Form 4 detailing transactions related to his compensation.
• On May 1, 2026, 2,281 Restricted Stock Units (RSUs) granted under the Non-Employee Director Compensation Program vested.
• These RSUs converted into 2,281 shares of Common Stock.
• Following the vesting, Mantas deferred the receipt of these 2,281 shares and instead received 2,281 Stock Equivalent Units (Units) under the company's deferred compensation plan.
• These Units are equivalent to Common Stock on a one-for-one basis.
• The Units will be payable in Common Stock upon the earlier of Mantas ceasing to serve as a Director or January 1 following his retirement.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine compensation and equity transactions for a director rather than significant financial performance or strategic shifts.

Positives

• Director Jesus Mantas received vested RSUs, indicating continued compensation and participation in the company's equity incentive program.
• The deferral of shares into Stock Equivalent Units suggests a long-term commitment and confidence in the company's future value.

Negatives

• No negative financial or operational information is present in this filing.

Risks

• The value of the deferred Stock Equivalent Units is subject to the future performance and stock price of International Flavors & Fragrances Inc.

Future Outlook

The Stock Equivalent Units are payable in Common Stock upon the earlier of the reporting person ceasing to serve as a member of the Company's Board of Directors or January 1 following retirement, indicating a future potential distribution of shares.

Industry Context

StockSavvy.ai notes that this Form 4 filing is standard for directors and executives receiving equity-based compensation. The use of RSUs and deferred compensation plans is common within the consumer staples and ingredients sector, including companies like IFF, to align executive interests with long-term shareholder value.

Stakeholder Impact

• Shareholders: The transaction reflects standard director compensation practices and does not immediately impact share count or ownership structure beyond the normal course of equity awards.

Next Steps

• Payment of Stock Equivalent Units in Common Stock upon cessation of Board service or retirement.

Key Dates

Keywords

Form 4, SEC Filing, International Flavors & Fragrances Inc., IFF, Jesus Mantas, Director, Restricted Stock Units, RSUs, Stock Equivalent Units, Deferred Compensation, Beneficial Ownership