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Director Fribourg-linked entities boost IFF (NYSE: IFF) share holdings

Filing Impact
(Very High)
Filing Sentiment
(Very Positive)
Form Type
4

Rhea-AI Filing Summary

INTERNATIONAL FLAVORS & FRAGRANCES INC director Paul J. Fribourg reported a series of recent open‑market trades in IFF common stock, primarily net purchases. On March 12, 2026, he directly bought 14,200 shares at a weighted average price of about $70.07, bringing his direct holdings to 29,650 shares.

That same day, Continental Grain Company, an entity associated with him, purchased 142,000 shares at a weighted average price of about $70.13, for indirect holdings of 2,422,730 shares. He expressly disclaims beneficial ownership of these Continental Grain shares except to the extent of his pecuniary interest.

Additional smaller indirect trades occurred through the JDW 2011 Trust and Wolfensohn Foundation accounts, including modest buys and sells between August 2025 and March 2026. For these trusts and foundation accounts, he disclaims beneficial ownership and has no control or authority over trading decisions, except for any pecuniary interest.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
FRIBOURG PAUL J

(Last) (First) (Middle)
521 WEST 57TH STREET

(Street)
NEW YORK NY 10019

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL FLAVORS & FRAGRANCES INC [ IFF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/12/2026 P 14,200 A $70.0715(1) 29,650 D
Common Stock 03/12/2026 P 142,000 A $70.1265(2) 2,422,730 I By Continental Grain Company(3)
Common Stock 09/29/2025 S 7 D $60.87 0.0000 I By JDW 2011 Trust f/b/o Adam Wolfensohn(4)
Common Stock 10/30/2025 P 39 A $63.64 39 I By JDW 2011 Trust f/b/o Adam Wolfensohn(4)
Common Stock 08/27/2025 P 71 A $66.91 450 I By Wolfensohn Foundation Primary(5)
Common Stock 11/18/2025 S 187 D $65.42 263 I By Wolfensohn Foundation Primary(5)
Common Stock 02/09/2026 P 146 A $74.63 409 I By Wolfensohn Foundation Primary(5)
Common Stock 12/10/2025 S 25 D $65.27 11 I By Wolfensohn Foundation Segregated Account(6)
Common Stock 12/15/2025 S 3 D $63.35 8 I By Wolfensohn Foundation Segregated Account(6)
Common Stock 03/06/2026 P 3 A $73.93 11 I By Wolfensohn Foundation Segregated Account(6)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Weighted average price. These shares were purchased in multiple transactions at prices ranging from $70.04 to $70.11, inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer,or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares purchased at each separate price within the range set forth in this footnote (1) to this Form 4.
2. Weighted average price. These shares were purchased in multiple transactions at prices ranging from $69.68 to $70.50, inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer,or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares purchased at each separate price within the range set forth in this footnote (2) to this Form 4.
3. Beneficial ownership of the shares owned by Continental Grain Company ("CGC") listed above, and which Paul Fribourg may be deemed to beneficially own by virtue of his position as Chairman and Chief Executive Officer of CGC, is expressly disclaimed by Paul Fribourg, except to the extent of his pecuniary interest.
4. Beneficial ownership of the shares owned by the JDW 2011 Trust f/b/o Adam Wolfensohn (the "JDW Trust") listed above, and which Paul Fribourg may be deemed to beneficially own by virtue of his position as soletrustee of the JDW Trust, is expressly disclaimed by Paul Fribourg, who has no control or authority over trading decisions with respect to such shares, except to the extent of his pecuniary interest.
5. Beneficial ownership of the shares owned by the Wolfensohn Foundation Primary Trust (the "Wolfensohn Foundation Trust") listed above, and which Paul Fribourg may be deemed to beneficially own by virtue of hisposition as sole trustee of the Wolfensohn Foundation Trust, is expressly disclaimed by Paul Fribourg, who has no control or authority over trading decisions with respect to such shares, except to the extent of his pecuniaryinterest.
6. Beneficial ownership of the shares owned by the Wolfensohn Foundation Segregated Account (the "Wolfensohn Foundation Segregated Account Trust") listed above, and which Paul Fribourg may be deemed tobeneficially own by virtue of his position as sole trustee of the Wolfensohn Foundation Segregated Account Trust, is expressly disclaimed by Paul Fribourg, who has no control or authority over trading decisions withrespect to such shares, except to the extent of his pecuniary interest.
/s/ Steve Landsman, attorney in fact 03/16/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Paul J. Fribourg report for INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF)?

Paul J. Fribourg reported several recent IFF stock trades, mainly open-market purchases. These include direct buying, large indirect purchases through Continental Grain Company, and smaller transactions via various trusts and foundation accounts, resulting in an overall net increase in reported IFF exposure.

How many INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF) shares did Paul J. Fribourg buy directly?

On March 12, 2026, Paul J. Fribourg bought 14,200 IFF common shares in the open market at about $70.07 each. After this transaction, his directly held IFF position increased to 29,650 shares, reflecting a meaningful but not controlling personal stake.

What role did Continental Grain Company play in the recent IFF insider transactions?

Continental Grain Company, an entity associated with Paul J. Fribourg, purchased 142,000 IFF shares on March 12, 2026 at about $70.13 each. This brought its indirect IFF holdings to 2,422,730 shares, while Fribourg disclaims beneficial ownership except for any pecuniary interest.

Are Paul J. Fribourg’s trust and foundation-related IFF transactions under his trading control?

IFF shares held by the JDW 2011 Trust and Wolfensohn Foundation accounts are not under Paul J. Fribourg’s trading control. Footnotes state he has no control or authority over trading decisions for these entities and disclaims beneficial ownership, except for any pecuniary interest.

Did the recent INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF) Form 4 show net insider buying or selling?

The Form 4 shows net buying of IFF shares across all reported entities. Total reported purchases were 156,459 shares versus 222 shares sold, indicating that director-associated entities collectively increased their IFF exposure over the reported period.

What prices were paid in the largest recent IFF insider purchases linked to Paul J. Fribourg?

The largest recent IFF purchases were executed around $70 per share. Fribourg’s direct buy averaged about $70.07, while Continental Grain Company’s 142,000-share purchase averaged about $70.13, both disclosed as weighted average prices across multiple trades.
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