Form 4: IFF Executive Jennifer Amy Johnson Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Jennifer Amy Johnson, EVP, General Counsel of International Flavors & Fragrances Inc., reports the vesting and settlement of restricted stock units and associated tax withholding.

Summary

  • On April 5, 2024, Jennifer Amy Johnson, EVP, General Counsel of International Flavors & Fragrances Inc. (IFF), reported transactions involving common stock and restricted stock units (RSUs).
  • The transactions involved the vesting and settlement of RSUs granted on May 5, 2021.
  • A total of 622 RSUs were converted to common stock, and another 346 RSUs were converted to common stock.
  • Shares were withheld to cover taxes payable upon the vesting of the RSUs; 125 shares were withheld at a price of $83.34, and 225 shares were withheld at a price of $83.34.
  • Following these transactions, Johnson directly owns 5,815 shares of IFF common stock.

Sentiment

Score: 5

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

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and tax withholding.

Key Dates

DateDescription
05/05/2021Date the Restricted Stock Units were granted.
04/05/2024Date of the reported transactions (vesting and settlement of RSUs).
04/09/2024Date the Form 4 was signed.

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