Form 4: IFF Executive Jennifer Amy Johnson Reports Stock Transactions
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
| Date | Description |
|---|---|
| 05/05/2021 | Date the Restricted Stock Units were granted. |
| 04/05/2024 | Date of the reported transactions (vesting and settlement of RSUs). |
| 04/09/2024 | Date the Form 4 was signed. |
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