Khan Mehmood 4
Research Summary
AI-generated summary
IFF Director Khan Mehmood Exercises RSUs and Sells 2,569 Shares
What Happened
- Khan Mehmood, a director of International Flavors & Fragrances Inc. (IFF), had 2,569 restricted stock units (RSUs) vest on May 1, 2026. The RSUs converted one-for-one into 2,569 common shares (acquired at $0.00) and those shares were disposed (sold) the same day at $70.81 per share for total proceeds of $181,911.
Key Details
- Transaction date: May 1, 2026.
- Conversion (acquisition) entry: 2,569 shares @ $0.00 (RSU conversion).
- Disposal (sale) entry: 2,569 shares @ $70.81, proceeds $181,911.
- Footnotes: RSUs convert one-for-one (F1); RSUs were granted under the Non-Employee Director Compensation Program (F2); the RSUs were granted May 1, 2025 and vested May 1, 2026 (F3).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing date: May 4, 2026 — appears to be filed within the typical Form 4 reporting window.
Context
- This was a routine vest-and-sell of director RSUs rather than a market buy — common for non-employee directors who receive equity as compensation. The filing shows conversion of RSUs to shares (derivative conversion) followed by a sale; such cashless-like actions reflect realized compensation proceeds, not an additional purchase signal.