FRIBOURG PAUL J 4
Research Summary
AI-generated summary
International Flavors & Fragrances (IFF) Director Paul Fribourg Receives Award
What Happened
- Paul J. Fribourg, a director of International Flavors & Fragrances Inc. (IFF), received a grant of 2,903 restricted stock units (RSUs) on 2026-04-29. The RSUs were awarded at $0.00 (a compensation grant), and are reported as derivative securities rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-29; Transaction type/code: Award (A); Quantity: 2,903 RSUs; Price reported: $0.00.
- Derivative detail: RSUs convert to common stock on a one-for-one basis (Footnote F1).
- Program: RSUs granted under IFF’s Non-Employee Director Compensation Program (Footnote F2).
- Vesting: RSUs will vest on the one-year anniversary of the grant date (Footnote F3).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Filing timeliness: Report filed 2026-04-30 for a 2026-04-29 grant — appears timely (no late filing noted).
Context
- This was a standard director compensation award, not a market purchase or sale. RSU grants are routine for non-employee directors and represent future equity if and when they vest/convert; they do not by themselves signal an immediate buy or sell decision.