Form 4: IFF Director Virginia Drosos Acquires Restricted Stock Units

International Flavors & Fragrances Inc. Director Virginia Drosos reported the acquisition of 2,335 Restricted Stock Units, set to convert to common stock by May 2026.

Summary

• Virginia Drosos, a Director at International Flavors & Fragrances Inc. (IFF), acquired 2,335 Restricted Stock Units (RSUs).
• The transaction date for this acquisition was July 1, 2025.
• These RSUs convert to Common Stock on a one-for-one basis.
• The RSUs have an exercise price of $0.0000, indicating they are a grant.
• The RSUs become exercisable and expire on May 1, 2026.
• Following this transaction, Virginia Drosos beneficially owns 2,335 derivative securities (RSUs).

Sentiment

Score: 5

Explanation: The filing reports a routine grant of Restricted Stock Units as part of director compensation, which is a neutral event in terms of immediate company performance or strategic shifts.

Positives

• The acquisition of 2,335 Restricted Stock Units by Director Virginia Drosos aligns her interests with those of shareholders, as the value of these units is directly tied to the company's stock performance.

Negatives

• The acquisition is of Restricted Stock Units (RSUs) as compensation, rather than an open market purchase, which does not represent a direct cash investment by the director.

Risks

• NA

Future Outlook

The Restricted Stock Units granted to Director Virginia Drosos are scheduled to become exercisable and expire on May 1, 2026, at which point they will convert to common stock on a one-for-one basis.

Industry Context

This filing is a standard insider transaction report, reflecting an individual director's equity compensation rather than broader industry trends or competitive positioning for International Flavors & Fragrances Inc.

Related Party Transactions

• The acquisition of 2,335 Restricted Stock Units by Director Virginia Drosos represents equity compensation, which is a standard related-party transaction between the company and its director.

Stakeholder Impact

• Shareholders: The grant of RSUs to a director aligns their interests with shareholders, as the value is tied to stock performance. It also represents a minor dilution upon conversion, though this is standard for equity compensation.
• Management/Directors: Virginia Drosos receives equity compensation, incentivizing her performance and long-term commitment to the company.

Next Steps

• The Restricted Stock Units are scheduled to convert to common stock on a one-for-one basis on May 1, 2026.

Key Dates

Keywords

IFF, International Flavors & Fragrances, Virginia Drosos, Director, Restricted Stock Units, RSU, SEC Form 4, Insider Transaction, Equity Compensation