INTERNATIONAL FLAVORS & FRAGRANCES INC·4

May 4, 4:36 PM ET

Finzel Ralf 4

Research Summary

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Updated

IFF EVP Ralf Finzel Receives RSUs; Shares Withheld for Taxes

What Happened

  • Ralf Finzel, EVP & Global Operations Officer at International Flavors & Fragrances (IFF), had 1,984 Restricted Stock Units (RSUs convert one-for-one to common shares) vest on May 1, 2026 and received 1,984 shares. Of those, 1,098 shares were withheld to cover taxes (report shows withholding valued at $77,749). The filing also reports a derivative disposition of 1,984 shares at $70.81 each, totaling $140,487 (reported as a derivative transaction).

Key Details

  • Transaction date: May 1, 2026; Form 4 filed May 4, 2026 (appears timely).
  • Prices reported: $70.81 per share for withholding and derivative disposition.
  • Shares acquired via vesting: 1,984 shares at $0.00 (RSU conversion).
  • Shares withheld for taxes: 1,098 shares (F) — value reported $77,749.
  • Derivative disposition: 1,984 shares (M) at $70.81 — value reported $140,487.
  • Footnotes: RSUs convert 1:1; withholding reflects tax payment on vesting; original grant was 5,953 RSUs on May 1, 2024 vesting in three equal installments.
  • Shares owned after the transaction are not included in the provided excerpt.

Context

  • This filing reflects routine equity compensation vesting and tax-withholding rather than an open-market purchase or voluntary sale decision. The "M" code denotes exercise/conversion of a derivative (here, RSU conversion), and "F" denotes shares withheld to cover taxes. Such withholdings are common and typically used to satisfy tax obligations upon vesting.