Mantas Jesus B 4

What Happened

Mantas Jesus, a director of International Flavors & Fragrances Inc. (IFF), had 2,281 restricted stock units (RSUs) that vested on May 1, 2026. On that date the RSUs were effectively converted and immediately deferred: the filing shows a disposition to the issuer of 2,281 RSUs ($0.00) and a concurrent acquisition of 2,281 stock-equivalent units ($0.00). No cash was received — this was a compensation vesting and deferral transaction, not a market sale or purchase.

Key Details

• Transaction date: May 1, 2026; Form 4 filed May 5, 2026 (filed within the normal two-business-day window).
• Reported entries: Disposition to issuer (D) of 2,281 RSUs at $0.00 and Acquisition (A) of 2,281 Stock Equivalent Units at $0.00.
• Shares owned after transaction: not specified in the filing.
• Relevant notes from the filing:
  • The RSUs convert one-for-one into common stock (F1).
  • These RSUs were granted under the Non-Employee Director Compensation Program and vested on May 1, 2026 (F2, F3).
  • Upon vesting the reporting person deferred receipt of the 2,281 shares and received 2,281 Stock Equivalent Units under the company’s deferred-compensation plan (F4).
  • The Units convert one-for-one to common stock and are payable in common stock upon the earlier of the director leaving the board or January 1 following retirement (F5, F6).
• No tax-withholding sale, 10b5-1 plan, or cash proceeds were reported.

Context

This is a routine director compensation event: RSUs vested and were deferred into stock-equivalent units rather than sold for cash or delivered as shares. Such deferrals are common for non-employee directors and do not, by themselves, indicate a buy or sell signal about the director’s view of the stock. The Units will convert to shares under the circumstances described in the filing.