IFF director entities buy 273K shares in open market
INTERNATIONAL FLAVORS & FRAGRANCES INC director Paul J. Fribourg reported substantial open‑market purchases of the company’s common stock.
Rhea-AI Filing Summary
INTERNATIONAL FLAVORS & FRAGRANCES INC director Paul J. Fribourg reported substantial open‑market purchases of the company’s common stock. Entities associated with him bought a total of 273,500 shares on June 1, 2026, according to the Form 4.
Continental Grain Company purchased 260,000 shares at a weighted average price of $74.278 per share, bringing its indirect holdings to 2,682,730 shares. Fribourg also bought 13,500 shares directly at a weighted average price of $74.487, increasing his direct holdings to 43,150 shares. Additional indirect holdings through foundation and trust accounts total 459 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 273,500 shares
Net Buy
5 txns
Insider
FRIBOURG PAUL J
Role
Director
Bought
273,500 shs ($20.32M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 13,500 | $74.487 | $1.01M |
| Purchase | Common Stock | 260,000 | $74.278 | $19.31M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 43,150 shares (Direct);
Common Stock — 2,682,730 shares (Indirect, By Continental Grain Company);
Common Stock — 39 shares (Indirect, By JDW 2011 Trust f/b/o Adam Wolfensohn);
Common Stock — 409 shares (Indirect, By Wolfensohn Foundation Primary);
Common Stock — 11 shares (Indirect, By Wolfensohn Foundation Segregated Account)
Footnotes (3)
- F1. Weighted average price. These shares were purchased in multiple transactions at prices ranging from $74.435 to $74.50, 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 to this Form 4.
- F2. Weighted average price. These shares were purchased in multiple transactions at prices ranging from $73.77 to $75.28, 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 to this Form 4.
- F3. Beneficial ownership of the shares owned by Continental Grain Company ("CGC") listed above, and which PaulFribourg may be deemed to beneficially own by virtue of his position as Chairman and Chief Executive Officer ofCGC, is expressly disclaimed by Paul Fribourg, except to the extent of his pecuniary interest.
Key Figures
Total shares bought: 273,500 shares
Continental Grain purchase: 260,000 shares at $74.278
Continental Grain holdings after: 2,682,730 shares
+5 more
8 metrics
Total shares bought
273,500 shares
Aggregate open-market purchases on June 1, 2026
Continental Grain purchase
260,000 shares at $74.278
Indirect open-market purchase on June 1, 2026
Continental Grain holdings after
2,682,730 shares
IFF common stock held indirectly after transaction
Direct purchase by Fribourg
13,500 shares at $74.487
Direct open-market purchase on June 1, 2026
Direct holdings after
43,150 shares
IFF common stock directly owned after transaction
Foundation and trust holdings
459 shares
Total across Wolfensohn foundation and JDW 2011 trust
Price range footnote F1
$74.435–$74.50
Range for one set of weighted-average purchases
Price range footnote F2
$73.77–$75.28
Range for another set of weighted-average purchases
Key Terms
open-market purchase, beneficial ownership, pecuniary interest, indirect ownership, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
beneficial ownership financial
"Beneficial ownership of the shares owned by Continental Grain Company"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"is expressly disclaimed by Paul Fribourg, except to the extent of his pecuniary interest"
indirect ownership financial
""ownership_type": "indirect""
weighted average price financial
"Weighted average price. These shares were purchased in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did IFF director Paul J. Fribourg report on this Form 4?
IFF director Paul J. Fribourg reported open‑market purchases of common stock totaling 273,500 shares on June 1, 2026. The filing shows both direct purchases and additional shares bought through entities associated with him.
AI-generated analysis. How Rhea-AI works. Not financial advice.
