Finzel Ralf 4

What Happened

• Ralf Finzel, EVP & Global Operations Officer of International Flavors & Fragrances (IFF), had RSUs vest and convert into 1,326 common shares on May 4, 2026 (reported as an acquisition at $0.00).
• The Form 4 shows 734 of those shares were withheld to satisfy tax withholding (disposed at $70.09 for $51,446) and also reports a disposal of 1,326 shares at $70.09 for $92,939. Combined reported value related to the transactions is $144,385. These transactions arise from RSU vesting rather than an open-market purchase.

Key Details

• Transaction date: May 4, 2026; Form 4 filed May 6, 2026 (timely filed within the usual two-business-day window).
• Prices and amounts reported: 1,326 shares acquired (conversion of RSUs) @ $0.00; 734 shares withheld (F) @ $70.09 = $51,446; 1,326 shares disposed (M, derivative) @ $70.09 = $92,939.
• Shares owned after the transactions: not specified in the provided filing.
• Footnotes: F1 — the RSUs convert to common stock on a one-for-one basis; F2 — shares withheld to satisfy taxes on vesting; F3 — these are from a May 3, 2023 grant of 3,978 RSUs vesting in three equal installments.
• Codes: M = exercise/conversion of derivative (here, RSU to stock conversion is reported as M); F = shares withheld to cover tax liability.

Context

• This filing documents RSU vesting and related tax withholding rather than an outright market purchase. The presence of both a tax-withholding share withholding and a disposal reported at the same per-share price commonly reflects routine administration of vested equity (withholding and/or same-day sale), not necessarily a directional endorsement of the stock.
• For retail investors, purchases are usually more informative than routine vesting/withholding events; these entries should be viewed as compensation-related transactions.