Form 4: IFF Director Kevin O'Byrne Reports Stock Transactions
SEC Form 4 Filing
Director Kevin O'Byrne reports transactions involving International Flavors & Fragrances Inc. (IFF) common stock and restricted stock units.
Summary
- On May 1, 2025, Kevin O'Byrne, a director of International Flavors & Fragrances Inc. (IFF), engaged in transactions involving the company's common stock and restricted stock units (RSUs).
- O'Byrne converted 1,875 RSUs into common stock at a price of $0.
- He also disposed of 394 shares of common stock at a price of $77.85 per share.
- Following these transactions, O'Byrne directly owns 3,196 shares of common stock and indirectly owns 6,500 shares through a spouse.
- Additionally, he directly owns 4,282 RSUs which will vest on May 1, 2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The document indicates future vesting of RSUs on May 1, 2026, suggesting continued equity-based compensation for the director.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates the director's ongoing investment in the company.
Comparison to Industry Standards
- Director stock transactions are a common occurrence in publicly traded companies.
- The vesting schedule of the RSUs (one-year anniversary) is fairly standard.
- Comparing O'Byrne's holdings and transactions to those of directors at comparable companies like Givaudan or Firmenich would provide further context, but that data is not available in this document.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly diluting the stock or changing the ownership structure.
- The vesting of RSUs incentivizes the director to act in the best interest of the company.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Reporting person was granted 1,875 RSUs. |
| 05/01/2025 | Conversion of 1,875 RSUs to Common Stock; Disposition of 394 shares of Common Stock. |
| 05/01/2026 | Vesting date for 4,282 RSUs. |
| 05/16/2025 | Date of Form 4 filing. |
Keywords
IFF, International Flavors & Fragrances, Kevin O'Byrne, Director, Form 4, Stock Transactions, Restricted Stock Units, RSUs, Beneficial Ownership
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