Form 4: IFF Executive Ana Paula Teles de Mendonca Reports Stock Transactions
SEC Form 4 Filing
Ana Paula Teles de Mendonca, President, Scent at International Flavors & Fragrances Inc., reports acquisition of shares through a long-term incentive plan and subsequent disposal to cover tax obligations.
Summary
- On March 4, 2025, Ana Paula Teles de Mendonca acquired 35 shares of IFF common stock as part of the 2022-2024 Long Term Incentive Plan (LTIP).
- The shares were valued at $0.00 each.
- On the same day, 15 shares were disposed of at $79.79 to cover tax obligations related to the LTIP share receipt.
- Following these transactions, Teles de Mendonca directly owns 936 shares of IFF common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Positives
- The acquisition of shares through the LTIP indicates a reward for long-term performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| January 1, 2022 | First stock trading day of the 2022-2024 Long Term Incentive Plan (LTIP) cycle. |
| March 4, 2025 | Date of stock acquisition and disposal. |
| March 6, 2025 | Date of signature for the Form 4 filing. |
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