Finzel Ralf 4

What Happened

• Ralf Finzel, EVP & Global Operations Officer at International Flavors & Fragrances (IFF), had restricted stock units (RSUs) vest on April 1, 2026 and those RSUs converted into common shares. A total of 6,890 RSUs converted to common stock. Of those, 2,152 shares were sold at $72.57 for proceeds of $156,171 and 868 shares were withheld to cover taxes (valued at $62,991). The remaining shares were retained. This was not a cash purchase — it was an RSU vesting event with a partial sale/tax withholding, a routine administrative transaction rather than an open-market buy.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026.
• Sale price for disposed shares: $72.57 per share.
• Shares sold for cash: 2,152 shares for $156,171.
• Shares withheld for taxes: 868 shares valued at $62,991.
• RSUs that converted/awarded: 6,890 RSUs vested and converted one-for-one to common stock.
• Shares owned after transaction: not specified in the provided data.
• Footnotes: RSUs convert one-for-one to common stock (F1); withholding reflects tax payment at vesting (F2); RSUs vested on April 1, 2026 (F4); other RSU vesting tranches noted in the plan description (F3).
• Filing timeliness: Form 4 lists filing date April 3, 2026 for April 1 transactions (no late-filing flag provided in the summary data).

Context

• This was a vesting/settlement of RSUs, not an open-market purchase. The conversion and immediate sale/withholding is a common, administrative way to satisfy tax obligations and realize cash from vested equity. Such transactions typically reflect compensation mechanics rather than a direct statement of the insider’s market view.