Form 4: IFF Executive Deborah Borg Reports Stock Transactions
SEC Form 4
Deborah Borg, EVP, Chief People & Culture Officer at International Flavors & Fragrances Inc (IFF), reports the vesting and settlement of restricted stock units and shares withheld for taxes.
Summary
- On April 4, 2025, Deborah Borg, EVP, Chief People & Culture Officer at International Flavors & Fragrances Inc (IFF), reported transactions involving common stock.
- 4,602 Restricted Stock Units (RSUs) vested and were settled, converting to common stock on a one-for-one basis.
- 2,545 shares were withheld for taxes payable upon the vesting of the RSUs at a price of $73.12.
- Following these transactions, Borg directly owns 25,436 shares of IFF common stock and 32,883 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company executive. 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 Deborah Borg, transact in their company's stock. These filings provide transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| September 1, 2022 | Date of grant for the Restricted Stock Units (RSUs). |
| April 4, 2025 | Date of the reported transactions: vesting and settlement of RSUs, and shares withheld for taxes. |
| April 7, 2025 | Date of signature for the Form 4 filing. |
Keywords
IFF, International Flavors & Fragrances, Deborah Borg, Restricted Stock Units, RSUs, Form 4, Executive Compensation, Stock Transactions, Beneficial Ownership
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