$IFF (INTERNATIONAL FLAVORS & FRAG..) — 8-K: IFF Board Grants CEO $700,000 RSU Award Tied to Food Ingredients Sale Closing

IFF's Board approved one-time transaction incentive awards tied to the previously announced sale of its Food Ingredients business. CEO J. Erik Fyrwald received RSUs with a $700,000 grant date value and three-year cliff vesting, while CFO Michael DeVeau and President Leticia Gonçalves Lourenço each received $700,000 cash awards and President Yuvraj Arora received $350,000. No award vests or pays unless the transaction closes, and cash awards pay three months after closing subject to continued employment. The Board also adopted amended and restated bylaws effective October 28, 2026, authorizing remote stockholder meetings and electronic participation.

IFF's Board approved one-time transaction incentive awards tied to the previously announced sale of its Food Ingredients business. CEO J. Erik Fyrwald received RSUs with a $700,000 grant date value an