Form 4: IFF Executive Beril Yildiz Reports Stock Transactions
SEC Form 4 Filing
Beril Yildiz, CAO, SVP & Controller at International Flavors & Fragrances Inc., reports acquiring shares through deferred compensation and disposing of shares for tax purposes.
Summary
- Beril Yildiz, a key executive at International Flavors & Fragrances Inc. (IFF), reported transactions involving the company's common stock.
- On January 15, 2025, Ms. Yildiz acquired 3,976.169 shares of IFF common stock as part of her deferred annual compensation.
- Also on January 15, 2025, 1,340 shares were disposed of to cover tax obligations at a price of $84.17 per share.
- Following these transactions, Ms. Yildiz directly owns 4,571.37 shares of IFF common stock.
Sentiment
Score: 5
Explanation: The document is neutral, reporting routine stock transactions by an executive. There is no indication of positive or negative sentiment.
Positives
- The acquisition of shares through deferred compensation indicates a continued investment in the company by a key executive.
Negatives
- The disposal of shares to cover taxes, while routine, reduces the executive's direct holdings.
Risks
- There are no specific risks mentioned in this document, as it primarily details routine stock transactions.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the corporate world and does not indicate any specific industry trend.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The transactions reported are typical for executive compensation and tax obligations, similar to what is seen in other companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/15/2025 | Date of the stock acquisition and disposal transactions. |
| 01/17/2025 | Date the Form 4 was signed. |
Keywords
IFF, International Flavors & Fragrances, Beril Yildiz, stock transaction, Form 4, deferred compensation, tax withholding, executive ownership
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