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.