Form 4: IFF Director Paul Fribourg Acquires Stock Units

Paul Fribourg, a Director at International Flavors & Fragrances Inc. (IFF), acquired 2,281 Stock Equivalent Units following the vesting of Restricted Stock Units.

Summary

• Director Paul Fribourg acquired 2,281 Stock Equivalent Units (SEUs) on May 1, 2026.
• These SEUs were received in lieu of 2,281 shares of Common Stock after his Restricted Stock Units (RSUs) vested on the same date.
• The RSUs were granted under the Non-Employee Director Compensation Program.
• The SEUs convert to Common Stock on a one-for-one basis.
• Payment of the SEUs will occur upon Fribourg ceasing to serve as a Director or on January 1 following his retirement.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard compensation and stock unit acquisition by a director, rather than a significant strategic or financial event.

Positives

• Director Fribourg's acquisition of stock units aligns his interests with shareholders.
• The vesting of RSUs and subsequent deferral into SEUs indicates continued engagement and commitment from a director.

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.

Industry Context

StockSavvy.ai notes that director stock unit acquisitions are common in the flavors and fragrances industry as a means to align executive and director compensation with long-term shareholder value.

Stakeholder Impact

• Shareholders: The acquisition by a director can be seen as a positive signal of commitment, aligning director interests with those of shareholders.

Next Steps

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

Key Dates

Keywords

IFF, Paul Fribourg, Director, Restricted Stock Units, Stock Equivalent Units, SEC Form 4, Insider Trading, Compensation