INTERNATIONAL FLAVORS & FRAGRANCES INC·4

May 6, 4:18 PM ET

Teles de Mendonca Ana Paula 4

Research Summary

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Updated

IFF President Ana Paula Teles de Mendonca Exercises RSUs, Sells Shares

What Happened

  • Ana Paula Teles de Mendonca, President, Scent at International Flavors & Fragrances (IFF), had restricted stock units vest and convert to common stock on May 4, 2026. The filing shows 708 shares converted/acquired at $0.00 (RSU conversion). To satisfy tax withholding, 362 shares were surrendered/withheld valued at $70.09 each (≈ $25,373). The filing also reports a disposition of 708 shares at $70.09 each for proceeds of about $49,624. Overall, the transaction reflects RSU vesting with shares withheld for taxes and reported disposals — a routine insider event rather than an open-market purchase.

Key Details

  • Transaction date: 2026-05-04; filing date: 2026-05-06 (filed timely).
  • Conversions/acquisitions: 708 shares @ $0.00 (RSU conversion).
  • Tax withholding: 362 shares withheld @ $70.09 = $25,373 (code F).
  • Disposed (reported): 708 shares @ $70.09 = $49,624 (code M listed as derivative disposition).
  • Shares owned after transaction: not disclosed in the provided filing summary.
  • Footnotes: F1 — RSUs convert 1-for-1 to common stock; F2 — shares withheld to cover taxes upon vesting; F3 — the RSU grant was 2,122 RSUs on May 3, 2023 vesting in three equal installments.

Context

  • This was a vesting/conversion of RSUs (not an open-market buy). The filing shows shares withheld for taxes and reported disposals; such withholding and immediate disposition are common for RSU vesting (a cashless/settlement-style outcome) and do not by themselves indicate the insider’s view of the company.