Form 4: IFF Executive's RSU Vesting and Tax Withholding

An International Flavors & Fragrances executive reported the scheduled vesting of restricted stock units and subsequent share withholding for tax obligations.

Summary

• Ralf Finzel, EVP, Global Operations Officer at International Flavors & Fragrances Inc. (IFF), reported transactions related to his beneficial ownership.
• On December 1, 2025, 10,774 Restricted Stock Units (RSUs) vested and converted into common stock on a one-for-one basis.
• Concurrently, 5,214 shares were disposed of (withheld) to cover taxes payable upon the RSU vesting, at a price of $69.27 per share.
• Following these transactions, Finzel beneficially owns 14,859 shares of common stock and 11,752 Restricted Stock Units.
• The RSUs originated from a buyout grant of 21,548 units on December 1, 2022, with a vesting schedule of 25% on December 1, 2023, 25% on December 1, 2024, and the final 50% on December 1, 2025.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-scheduled executive compensation event (RSU vesting and tax withholding) which is neutral in sentiment. It does not indicate any unexpected positive or negative developments for the company.

Positives

• Executive Ralf Finzel received 10,774 shares of common stock from the vesting of Restricted Stock Units, increasing his direct equity stake in IFF.
• The vesting represents a scheduled compensation event, indicating the company is fulfilling its executive compensation commitments.

Negatives

• 5,214 shares were withheld at a price of $69.27 per share to cover tax obligations related to the RSU vesting, reducing the net shares received by the executive.

Future Outlook

This filing is a report of past and scheduled executive compensation events and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing details a routine executive compensation event and does not provide information relevant to broader industry trends or competitive landscape analysis.

Stakeholder Impact

• Shareholders: The vesting and subsequent sale of shares for tax purposes represent a minor, routine dilution event, but the overall impact on share price is typically negligible for such a transaction.
• Employees (Executive): Ralf Finzel's equity ownership in IFF has increased through the net receipt of common stock, aligning his interests further with long-term shareholder value.

Key Dates

Keywords

IFF, International Flavors & Fragrances, Form 4, Insider Transaction, RSU Vesting, Executive Compensation, Stock Ownership, Ralf Finzel