Form 4: IFF Director Roger W. Ferguson Jr. Reports Acquisition of Restricted Stock Units

Director Roger W. Ferguson Jr. reports acquisition of 2,947 Restricted Stock Units (RSUs) in International Flavors & Fragrances Inc. (IFF) on May 1, 2024, convertible to common stock.

Summary

• On May 1, 2024, Roger W. Ferguson Jr., a director of International Flavors & Fragrances Inc. (IFF), acquired 2,947 Restricted Stock Units (RSUs).
• These RSUs were granted under the Non-Employee Director Compensation Program.
• The RSUs convert to Common Stock on a one-for-one basis.
• The RSUs vest on May 1, 2025.
• Following the transaction, Ferguson directly owns 2,947 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction related to director compensation. It doesn't inherently indicate positive or negative performance for the company.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

Not applicable, as this is a report of a transaction, not a forward-looking statement.

Industry Context

This filing is a routine disclosure of a director's compensation in the form of stock units, which is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Stakeholder Impact

• The transaction aligns the director's interests with those of shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates