Paul Fribourg acquires 15,450 IFF shares at $64.80
Rhea-AI Filing Summary
International Flavors & Fragrances (IFF) director Paul J. Fribourg reported a purchase of common stock. He directly acquired 15,450 shares on 08/07/2025 at a weighted average price of $64.8015, recorded with transaction code P and marked as an acquisition (A).
The filing also shows 2,280,730 shares listed as indirectly owned by Continental Grain Company; Mr. Fribourg expressly disclaims beneficial ownership of those shares except to the extent of any pecuniary interest. The filing notes the shares were purchased in multiple trades at prices ranging from $64.5650 to $64.9100.
Positive
- Director acquisition disclosed: Paul J. Fribourg directly acquired 15,450 IFF shares.
- Price transparency: Purchases reported with a weighted average price of $64.8015 and a purchase price range of $64.5650 to $64.9100.
Negative
- None.
Insights
TL;DR: A director-level purchase of 15,450 IFF shares was reported; large indirect holdings are disclosed and expressly disclaimed.
The Form 4 documents a direct acquisition of 15,450 IFF shares at a weighted average price of $64.8015 on 08/07/2025. The transaction code P and acquisition marker A indicate purchases executed in multiple trades at prices between $64.5650 and $64.9100. Separately, 2,280,730 shares are reported as indirectly held by Continental Grain Company; the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest. For investors, this is a routine insider-reporting item with clear quantitative detail but no operational or financial statement changes.
TL;DR: Insider purchase disclosed with an explicit disclaimer of indirect holdings tied to Continental Grain Company.
The filing identifies Paul J. Fribourg as a director who directly acquired 15,450 shares and separately lists 2,280,730 indirectly held shares attributed to Continental Grain Company. The disclosure includes a formal disclaimer limiting his claimed beneficial ownership to any pecuniary interest, which is an important governance detail clarifying voting/ownership exposure. The form provides full price-range transparency for the direct purchases, aiding compliance and transparency assessment.
FAQ
What transaction did Paul J. Fribourg report for IFF?
At what price were the IFF shares purchased in the Form 4?
How many IFF shares are reported as indirectly owned and by whom?
Does Paul Fribourg claim beneficial ownership of the indirectly held shares?
What do the codes on the Form 4 indicate for this transaction?