IFF.NYSEInternational Flavors & Fragrances INC

Form 4: IFF Executive Simon Herriott Reports Stock Transactions

Sentiment:

SEC Form 4

📋All filings for International Flavors & Fragrances INC
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Simon Herriott, an executive at International Flavors & Fragrances Inc. (IFF), reported the vesting and settlement of restricted stock units (RSUs) and associated tax withholding.

Summary

  • On April 1, 2024, Simon Herriott, President of Health & Biosciences and Scent at International Flavors & Fragrances Inc. (IFF), had 1,489 Restricted Stock Units (RSUs) vest and settle.
  • These RSUs converted into common stock on a one-for-one basis.
  • Herriott also disposed of 461 shares of common stock to cover taxes payable upon the vesting of the RSUs at a price of $86.37 per share.
  • Following these transactions, Herriott directly owns 7,905.571 shares of IFF common stock and 6,655 RSUs.

Sentiment

Score: 5

Explanation: This is a neutral event related to standard executive compensation practices. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect the standard vesting of executive compensation.
  • Employees may be interested in the details of executive compensation as a benchmark.

Key Dates

DateDescription
04/01/2022Date the Restricted Stock Units (RSUs) were granted.
04/01/2024Date of RSU vesting and settlement, and associated stock transactions.
04/03/2024Date of Form 4 filing.

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