IFF CFO Michael DeVeau Sells 8,825 Shares
$IFF · INTERNATIONAL FLAVORS & FRAGRANCES INCResearch Summary
AI-generated summary of this SEC filing
IFF CFO Michael DeVeau Sells 8,825 Shares
What Happened
Michael DeVeau, EVP and Chief Financial Officer of International Flavors & Fragrances Inc. (IFF), reported the sale of 8,825 shares on 2026-08-06. The shares were disposed at $85.55 per share, generating gross proceeds of approximately $754,970. This was a sale (code "S"), which is often a routine liquidity event rather than a direct signal of company outlook.
Key Details
- Transaction date and price: 2026-08-06 — 8,825 shares at $85.55 each.
- Proceeds: ~ $754,970 (gross).
- Type: Reported as an open-market or private sale (code "S").
- Shares owned after transaction: Not specified in the provided summary — see the full Form 4 for the post-transaction beneficial ownership amount.
- Footnotes / plans: No 10b5‑1 plan, tax-withholding, or other special footnotes were included in the provided data.
- Timeliness: The provided summary does not indicate a late filing flag.
Context
Executives frequently sell shares for diversification, liquidity, tax obligations, or pre-set plans; a single sale does not necessarily reflect their long-term view of the company. Retail investors should check the full Form 4 for post-transaction holdings and any footnotes, and consider insider trades alongside the company’s fundamentals and broader insider activity.