Form 4: IFF Executive Ana Paula Teles de Mendonca Reports Stock Transactions
SEC Form 4
Ana Paula Teles de Mendonca, President of Scent at International Flavors & Fragrances Inc. (IFF), reported transactions involving restricted stock units and common stock.
Summary
- Ana Paula Teles de Mendonca, an officer at International Flavors & Fragrances Inc. (IFF), filed a Form 4 detailing changes in beneficial ownership.
- The reported transactions involve the vesting and settlement of restricted stock units (RSUs) and the subsequent withholding of shares for tax obligations.
- On May 1, 2025, 1,587 RSUs vested and were settled, resulting in the acquisition of 1,587 shares of common stock.
- Additionally on May 1, 2025, 811 shares were withheld for taxes at a price of $77.85.
- On May 5, 2025, 791 and 707 RSUs vested and were settled, resulting in the acquisition of 1,498 shares of common stock.
- Also on May 5, 2025, 361 and 404 shares were withheld for taxes at a price of $79.15.
- Following these transactions, Teles de Mendonca directly owns 2,445 shares of common stock and 11,632 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minor dilutive effect on existing shareholders due to the issuance of new shares upon RSU vesting.
- The tax withholding benefits the government.
Key Dates
| Date | Description |
|---|---|
| 05/04/2022 | Date of grant of 791 restricted stock units, all of which vested on May 4, 2025. |
| 05/03/2023 | Date of grant of 2,122 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date. |
| 05/01/2024 | Date of grant of 4,762 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date. |
| 05/01/2025 | Vesting and settlement of 1,587 Restricted Stock Units and withholding of 811 shares for taxes. |
| 05/04/2025 | All 791 restricted stock units granted on May 4, 2022 vested. |
| 05/05/2025 | Vesting and settlement of 791 and 707 Restricted Stock Units and withholding of 765 shares for taxes. |
| 05/22/2025 | Date of signature of the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Insider Trading, IFF, International Flavors & Fragrances, Restricted Stock Units, Common Stock, Vesting, Settlement, Tax Withholding
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.