IFF (NYSE: IFF) director receives 2,903 RSUs as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTERNATIONAL FLAVORS & FRAGRANCES INC director Jesus B. Mantas received a grant of 2,903 Restricted Stock Units as equity compensation. The RSUs were awarded under the company’s Non-Employee Director Compensation Program at a price of $0.00 per unit.
The RSUs convert into 2,903 shares of Common Stock on a one-for-one basis when they settle and are scheduled to vest on the one-year anniversary of the April 29, 2026 grant date. Following this grant, Mantas holds 2,903 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mantas Jesus B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,903 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,903 shares (Direct, null)
Footnotes (1)
- The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis. Represent RSUs granted under the Non-Employee Director Compensation Program. The RSUs will vest on the one-year anniversary of the grant date.
Key Figures
RSUs granted: 2,903 units
Conversion ratio: 1 share per unit
RSU grant price: $0.00 per unit
3 metrics
RSUs granted
2,903 units
Restricted Stock Units granted April 29, 2026
Conversion ratio
1 share per unit
RSUs convert one-for-one into Common Stock
RSU grant price
$0.00 per unit
Equity compensation award, no cash paid by director
Key Terms
Restricted Stock Units, Non-Employee Director Compensation Program, vest, Form 4
4 terms
Restricted Stock Units financial
"The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Non-Employee Director Compensation Program financial
"Represent RSUs granted under the Non-Employee Director Compensation Program."
vest financial
"The RSUs will vest on the one-year anniversary of the grant date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did IFF director Jesus B. Mantas report on this Form 4 for IFF?
IFF director Jesus B. Mantas reported receiving 2,903 Restricted Stock Units. These were granted as equity compensation, with no cash price per unit, and will convert into an equal number of IFF common shares when settled after vesting.
How many Restricted Stock Units did the IFF director receive in this IFF Form 4 filing?
The director received 2,903 Restricted Stock Units. These RSUs represent a right to receive 2,903 shares of IFF common stock on a one-for-one basis once they vest and settle under the company’s compensation program.
When do the granted RSUs for IFF director Jesus B. Mantas vest according to this IFF filing?
The RSUs will vest on the one-year anniversary of the April 29, 2026 grant date. On that vesting date in 2027, the 2,903 RSUs can convert into 2,903 IFF common shares, assuming standard vesting conditions are satisfied.
What is the exercise or conversion price of the RSUs granted in the IFF Form 4?
The RSUs were granted at a conversion price of $0.00 per unit. They are compensation awards, not options, and will convert into an equal number of IFF common shares without additional payment when they vest and settle.
Under which program were the RSUs granted to the IFF director in this Form 4?
The 2,903 RSUs were granted under IFF’s Non-Employee Director Compensation Program. This program provides equity-based awards to non-employee directors, aligning part of their compensation with IFF’s common stock performance over time.