O'Byrne Kevin 4

What Happened Kevin O'Byrne, a director of International Flavors & Fragrances (IFF), had 4,282 restricted stock units (RSUs) convert to common shares on May 1, 2026 and then disposed of those shares at $70.81 each, generating approximately $303,208. Separately, 1,157 shares were withheld to cover tax withholding obligations, valued at about $81,927. The RSUs were granted May 1, 2025 and vested May 1, 2026.

Key Details

• Transaction date: May 1, 2026; Form 4 filed May 4, 2026 (timely filing).
• Converted/Acquired: 4,282 shares via RSU conversion at $0.00 (code M).
• Disposed/Sold: 4,282 shares at $70.81 for ~$303,208 (code M - derivative disposition).
• Tax withholding: 1,157 shares withheld at $70.81 for ~$81,927 (code F).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: RSUs were granted under the Non-Employee Director Compensation Program, convert 1-for-1 to common stock, and the shares withheld reflect taxes payable upon vesting (granted 5/1/2025, vested 5/1/2026).

Context This activity reflects compensation-related RSU vesting and an immediate sale (a cashless conversion/sale), not an open-market purchase. Such transactions are common for directors receiving equity-based compensation and are different from purchases that might signal a personal bullish view. The filing shows conversion of RSUs into shares, immediate disposition of shares, and share withholding to cover taxes.