Arora Yuvraj 4

What Happened

• Arora Yuvraj, President, Taste & Chief Commercial Officer of International Flavors & Fragrances (IFF), had restricted stock units (RSUs) convert to common shares on May 1, 2026. The filing shows 3,572 RSUs converted to 3,572 shares (reported at $0.00 exercise price). To cover tax withholding on the vesting, 1,828 shares were withheld/disposed at $70.81 per share, totaling $129,441. The conversion and withholding are part of compensation vesting, not an open-market purchase or discretionary sale.

Key Details

• Transaction date: May 1, 2026.
• Conversion: 3,572 RSUs -> 3,572 common shares (exercise/conversion price reported $0.00).
• Tax withholding: 1,828 shares withheld at $70.81/share for ~$129,441 to satisfy tax liabilities.
• Additional derivative entry: a 3,572-share derivative “Disposed” line at $0.00 appears in the filing (reflects RSU-to-share conversion mechanics/reporting).
• Shares owned after the transaction: not provided in the supplied excerpt of the filing.
• Footnotes from the filing:
  • F1: RSUs convert to Common Stock on a one-for-one basis.
  • F2: Shares were withheld to cover taxes payable upon vesting.
  • F3: The RSUs were part of a 10,716-RSU grant made May 1, 2024, vesting in three equal installments starting on the first anniversary.
• Filing timeliness: Form 4 filed May 4, 2026 for a May 1 transaction (filed within required business-day window).

Context

• This was a routine vesting/settlement of RSUs with shares withheld to cover taxes (a cashless-like settlement). Such transactions are compensation-related and do not necessarily indicate the insider’s view on the company’s stock.