Borg Deborah 4

What Happened
Deborah Borg, EVP & Chief People & Culture Officer at International Flavors & Fragrances (IFF), had 1,768 restricted stock units (RSUs) convert to common stock on May 4, 2026. Of those, 713 shares were withheld to cover taxes (value ~$49,974) and 1,768 shares were disposed (sold) at $70.09 per share for proceeds of ~$123,919. The RSUs were part of a May 3, 2023 grant of 5,304 RSUs that vest in three equal installments.

Key Details

• Transaction date(s): May 4, 2026 (reported on Form 4 filed May 6, 2026) — appears timely.
• Actions and values:
  • RSU conversion (code M): 1,768 shares acquired at $0.00 (vesting).
  • Tax withholding (code F): 713 shares withheld at $70.09 -> ~$49,974.
  • Sale/disposition (code M): 1,768 shares sold at $70.09 -> ~$123,919.
• Footnotes: F1 — RSUs convert one-for-one to common stock; F2 — shares withheld to satisfy tax obligation; F3 — original grant was 5,304 RSUs (May 3, 2023) vesting in three equal installments.
• Shares owned after the transactions: Not specified in the provided filing.
• No 10b5‑1 plan or other trading plan is indicated in the provided footnotes.

Context

• This was a routine vesting of RSUs with shares withheld for taxes and a sale of shares; such transactions are common for executive compensation and do not, by themselves, indicate management’s view of the company’s prospects.
• Transaction codes: M = exercise/conversion of a derivative security (here, RSU conversion); F = shares withheld to satisfy tax withholding.