Form 4: IFF Executive Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Deborah Borg, EVP, Chief People & Culture Officer at International Flavors & Fragrances Inc. (IFF), reported transactions involving restricted stock units and common stock.
Summary
- Deborah Borg, an executive officer at International Flavors & Fragrances Inc. (IFF), has reported transactions related to her beneficial ownership of company stock.
- Specifically, 1,768 Restricted Stock Units (RSUs) were acquired on May 4, 2026, with a reported value of $70.09 per share, converting to 1,768 shares of Common Stock.
- Additionally, 713 shares of Common Stock were disposed of on May 4, 2026, also valued at $70.09 per share, which were withheld for taxes payable upon the vesting of RSUs.
- Following these transactions, Borg beneficially owns 38,638 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine executive compensation transactions rather than significant strategic or financial performance indicators.
Positives
- The reporting person acquired 1,768 Restricted Stock Units, indicating continued equity participation.
- The transactions reflect the vesting and settlement of previously granted equity awards, a common occurrence for executive compensation.
Negatives
- 713 shares were withheld for taxes, representing a disposition of equity.
Future Outlook
The filing does not contain forward-looking statements or guidance. It solely reports on past transactions.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for executives and directors, providing transparency into their holdings and transactions. These reports are crucial for investors to understand insider activity, though they primarily reflect compensation plans and personal financial decisions rather than strategic shifts.
Stakeholder Impact
- Shareholders: Provides transparency into executive equity compensation and potential insider activity, though these specific transactions are part of a pre-defined compensation plan.
Key Dates
| Date | Description |
|---|---|
| 05/03/2023 | Date of grant for 5,304 restricted stock units. |
| 05/04/2026 | Transaction date for acquisition of RSUs and disposition of shares for taxes. |
| 05/06/2026 | Date of report filing. |
Keywords
Form 4, SEC Filing, Insider Trading, Stock Transaction, Restricted Stock Units, Common Stock, Beneficial Ownership, Executive Compensation, International Flavors & Fragrances Inc., IFF
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