IFF.NYSEInternational Flavors & Fragrances INC

Form 4: IFF Director Kevin O'Byrne Reports Stock Transactions Following RSU Vesting

Sentiment:

SEC Form 4 Filing

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Director Kevin O'Byrne reported transactions involving International Flavors & Fragrances Inc. (IFF) common stock related to the vesting of restricted stock units on May 3, 2024.

Summary

  • On May 3, 2024, Director Kevin O'Byrne engaged in transactions involving International Flavors & Fragrances Inc. (IFF) common stock.
  • These transactions were related to the vesting of 1,671 Restricted Stock Units (RSUs).
  • Upon vesting, O'Byrne received 1,671 shares of common stock and did not defer the receipt.
  • Additionally, 218 shares were withheld for taxes at a price of $86.64 per share.
  • Following these transactions, O'Byrne directly owns 1,715 shares of IFF common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.
  • The transactions have a minimal impact on the company's financials.

Key Dates

DateDescription
05/03/2024Date of earliest transaction: Vesting of Restricted Stock Units and subsequent stock transactions.
05/03/2024Date of RSU conversion to common stock.
05/07/2024Date of signature on the Form 4 filing.

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