Form 4: IFF Executive's RSU Vesting and Share Acquisition

International Flavors & Fragrances Inc. President, Food Ingredients, Andres Roberto Muller, reported the vesting of restricted stock units and subsequent acquisition of common stock.

Summary

• Andres Roberto Muller, President, Food Ingredients at International Flavors & Fragrances Inc. (IFF), reported a transaction involving company stock.
• On January 2, 2026, 1,825 Restricted Stock Units (RSUs) granted on January 2, 2025, vested and settled, converting into common stock on a one-for-one basis.
• Concurrently, 633 shares were disposed of at a price of $68.03 per share to cover tax obligations related to the RSU vesting.
• Following these transactions, Muller directly beneficially owns 1,192 shares of common stock.
• Muller also beneficially owns 11,400 derivative securities, which are remaining Restricted Stock Units.
• The original grant on January 2, 2025, consisted of 5,476 RSUs, scheduled to vest in three equal installments.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates routine executive compensation and retention of shares, aligning executive interests with shareholders, but it's a standard, non-eventful transaction.

Positives

• The vesting of Restricted Stock Units represents a routine compensation event for a key executive, indicating continued alignment of interests with shareholders.
• The executive retained 1,192 shares of common stock after tax withholding, maintaining a direct equity stake in the company.

Negatives

• A portion of the vested shares (633 shares) was withheld to cover tax liabilities, reducing the net shares received by the executive.

Future Outlook

The remaining Restricted Stock Units from the January 2, 2025 grant are scheduled to vest in two additional equal installments on subsequent anniversaries of the grant date.

Industry Context

This filing represents a routine insider transaction related to executive compensation and does not provide insights into broader industry trends or competitive landscape for the flavors and fragrances sector.

Stakeholder Impact

• Shareholders: Minor positive impact due to executive retaining equity, aligning interests.
• Employees: No direct impact.
• Customers/Suppliers/Creditors: No direct impact.

Next Steps

• Future vesting of the remaining Restricted Stock Units from the January 2, 2025 grant in two equal installments.

Key Dates

Keywords

International Flavors & Fragrances, IFF, Andres Roberto Muller, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Common Stock, Executive Compensation