Form 4: IFF Executive's RSU Vesting and Tax-Related Stock Sale

An International Flavors & Fragrances executive reported the vesting of Restricted Stock Units and subsequent sale of shares for tax obligations.

Summary

• Deborah Borg, EVP, Chief Ppl&Culture Officer at International Flavors & Fragrances Inc. (IFF), reported transactions on September 2, 2025.
• These transactions involved the vesting and settlement of Restricted Stock Units (RSUs) granted on September 1, 2022, pursuant to the Equity Choice Plan and Buyout Equity Award.
• A total of 13,808 shares of Common Stock were acquired upon RSU vesting (11,506 shares and 2,302 shares).
• Concurrently, 7,050 shares of Common Stock were disposed of to cover tax liabilities associated with the RSU vesting, at a price of $66.55 per share.
• Following these transactions, Deborah Borg directly beneficially owns 34,238 shares of Common Stock and 26,432 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The filing reports routine executive compensation events (RSU vesting and tax-related share sales) which are neutral in terms of company performance or strategic outlook.

Positives

• Vesting of Restricted Stock Units (RSUs) indicates the executive's long-term incentive compensation plan is maturing, aligning management interests with shareholder value over time.
• The executive realized value from previously granted equity awards.

Negatives

• A portion of the vested shares (7,050 shares) was sold to cover tax obligations, reducing the executive's direct equity stake in the company.

Future Outlook

Not applicable as this Form 4 reports past transactions and does not contain forward-looking statements or guidance.

Industry Context

This Form 4 reports a routine insider transaction related to executive compensation and does not provide information relevant to broader industry trends or competitor analysis.

Stakeholder Impact

• Shareholders: Minor impact as the transaction is a routine executive compensation event and tax-related share sale, not indicative of a change in company fundamentals.

Key Dates

Recommendation

This Form 4 reports a routine vesting of Restricted Stock Units and subsequent sale of shares to cover tax obligations by an executive. It does not provide new fundamental information about the company's performance or strategic direction that would warrant a change in investment recommendation. Investors should continue to hold based on existing fundamental analysis.

Keywords

International Flavors & Fragrances, IFF, Form 4, Restricted Stock Units, RSU vesting, insider transaction, executive compensation, stock sale, equity awards