DeVeau Michael 4

What Happened

• Michael DeVeau, EVP & CFO of International Flavors & Fragrances (IFF), had 1,389 Restricted Stock Units (RSUs convert one-for-one) vest and convert into 1,389 common shares on May 1, 2026. The filing shows 710 shares were withheld to cover taxes (disposed at $70.81 for $50,275) and a reported disposal of 1,389 shares at $70.81 for $98,355. These are vesting/tax-withholding and disposition events rather than an open-market purchase.

Key Details

• Transaction date: May 1, 2026.
• Reported prices/values: withheld 710 shares @ $70.81 = $50,275; disposed 1,389 shares @ $70.81 = $98,355. RSU conversion recorded at $0 (no cash exercise price).
• Codes: M = exercise/conversion of derivative (RSU conversion); F = shares withheld to pay tax liability.
• Footnotes: F1 — RSUs convert 1-for-1 to common stock. F2 — 710 shares were withheld to satisfy tax withholding upon vesting. F3 — These shares are from a May 1, 2024 grant of 4,167 RSUs vesting in three equal installments.
• Shares owned after the transaction: not specified in the provided summary.
• Filing: Report filed May 4, 2026; appears to be a routine Form 4 reporting the May 1 vesting and withholding.

Context

• This filing documents RSU vesting and tax withholding (common, routine insider event). The combination of conversion and disposals in the filing is consistent with an immediate sale/cashless settlement of vested RSUs and tax-withholding, but the filing itself only reports the conversion and the withheld/disposed amounts — it does not state motivations.