Form 4: IFF Executive Angela Strzelecki Reports Stock Transactions
SEC Form 4 Filing
Angela Strzelecki, President of Pharma Solutions at International Flavors & Fragrances Inc. (IFF), reports the vesting and settlement of restricted stock units and related tax withholding.
Summary
- On May 3, 2024, Angela Strzelecki, President of Pharma Solutions at International Flavors & Fragrances Inc. (IFF), had restricted stock units (RSUs) vest and settle.
- 1,060 RSUs converted to common stock on a one-for-one basis.
- 329 shares were withheld for taxes payable upon the vesting of the RSUs at a price of $86.64.
- Following these transactions, Strzelecki directly owns 8,539 shares of common stock and 6,709 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This provides transparency to the market regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/03/2023 | Date the Restricted Stock Units were granted. |
| 05/03/2024 | Date of the reported transactions: vesting and settlement of RSUs. |
| 05/07/2024 | Date of the signature on the Form 4 filing. |
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