Form 4: IFF Executive Deborah Borg Reports Stock Transactions

Deborah Borg, EVP, Chief HR and D&I Officer at International Flavors & Fragrances Inc (IFF), reports the vesting and settlement of Restricted Stock Units (RSUs) and subsequent tax withholding.

Summary

• On September 3, 2024, Deborah Borg, EVP, Chief HR and D&I Officer at International Flavors & Fragrances Inc (IFF), reported transactions involving common stock.
• These transactions include the vesting and settlement of 11,506 and 2,301 Restricted Stock Units (RSUs) granted on September 1, 2022.
• The RSUs converted to common stock on a one-for-one basis.
• Shares were also withheld for taxes payable upon the vesting of RSUs, specifically 1,175 shares at $103.58 and 5,874 shares at $103.58.
• Following these transactions, Borg directly owns 23,233 shares of common stock and 29,090 and 40,596 Restricted Stock Units.
• The reporting person has signed the document on September 5, 2024.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the vesting of previously granted equity.

Key Dates