IFF director reports tiny automated stock trades

INTERNATIONAL FLAVORS & FRAGRANCES INC director Mark J. Costa reported a mix of small automatic trades in common stock.

Rhea-AI Filing Summary

INTERNATIONAL FLAVORS & FRAGRANCES INC director Mark J. Costa reported a mix of small automatic trades in common stock. On several dates in 2023, a tax loss harvesting account run under his broker’s sole discretion bought and sold very small lots of 10 or 15 shares at prices between $66.0451 and $84.2700. The filing notes that Costa had no control or authority over these trading decisions and only recently became aware of them. Following the latest transaction, he directly holds 463 common shares.

Insider Trade Summary

Net Seller: 5 shares

Net Sell 4 txns

Insider Costa Mark J

Role Director

Bought 25 shs ($2K)

Sold 30 shs ($2K)

Type	Security	Shares	Price	Value
Sale	Common Stock	15	$66.0451	$990.68
Purchase	Common Stock	15	$80.9466	$1K
Sale	Common Stock	15	$77.4883	$1K
Purchase	Common Stock	10	$84.27	$842.70

Holdings After Transaction: Common Stock — 463 shares (Direct)

Footnotes (1)

1. F1. During the periods presented, the Reporting Person inadvertently acquired and disposed of, as applicable, the number of shares and on the dates indicated above via automated transactions through a tax loss harvesting account. Such transactions were made under the Reporting Person's broker's (the "Broker") sole discretion and the Reporting Person had no control or authority over trading decisions. The Broker made the decisions to purchase and sell the subject shares and the Reporting Person was not aware of these very small transactions until recently. The result of these small transactions were losses for the Reporting Person.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did IFF director Mark J. Costa report on this Form 4?

Mark J. Costa reported multiple very small trades in IFF common stock. The account bought and sold lots of 10 or 15 shares on several 2023 dates, with trades classified as open-market purchases and open-market sales in non-derivative common stock.

Were the IFF (IFF) insider trades by Mark J. Costa discretionary?

The trades occurred through an automated tax loss harvesting account. According to the filing, the broker had sole discretion over trading decisions, and Costa had no control or authority over when or how the IFF shares were bought or sold.

How many IFF shares does Mark J. Costa hold after these reported trades?

After the most recent reported trade, Costa holds 463 IFF common shares directly. This figure reflects his position following the October 25, 2023 open-market sale transaction disclosed in the Form 4 filing.

Did the automated IFF trades for Mark J. Costa result in gains or losses?

The filing states the trades resulted in losses for Costa. The footnote explains that these very small transactions, executed under a tax loss harvesting strategy, produced losses rather than gains for the reporting person.

What were the trade sizes and prices in Mark J. Costa’s IFF Form 4?

Each reported IFF trade involved only 10 or 15 shares. Purchase prices included $84.2700 and $80.9466 per share, while sale prices included $77.4883 and $66.0451 per share, all classified as non-derivative common stock transactions.

Why does the IFF Form 4 mention a tax loss harvesting account for Mark J. Costa?

The trades were executed via a tax loss harvesting account managed by Costa’s broker. The broker’s automated strategy drove the decisions to purchase and sell IFF shares, and Costa became aware of these very small transactions only recently.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/25/2026 - 05:14 PM Learn about SEC filing dates

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^*

Costa Mark J

(Last) (First) (Middle)

521 WEST 57TH STREET

(Street)

NEW YORK NEW YORK 10019

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/24/2023

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/24/2023		P		10	A	$84.27	10	D(1)
Common Stock	05/30/2023		S		15	D	$77.4883	463	D(1)
Common Stock	08/04/2023		P		15	A	$80.9466	478	D(1)
Common Stock	10/25/2023		S		15	D	$66.0451	463	D(1)

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. During the periods presented, the Reporting Person inadvertently acquired and disposed of, as applicable, the number of shares and on the dates indicated above via automated transactions through a tax loss harvesting account. Such transactions were made under the Reporting Person's broker's (the "Broker") sole discretion and the Reporting Person had no control or authority over trading decisions. The Broker made the decisions to purchase and sell the subject shares and the Reporting Person was not aware of these very small transactions until recently. The result of these small transactions were losses for the Reporting Person.

	/s/ Chrystalla Potamitou, attorney in fact	03/25/2026
	** 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.
* Form 4: SEC 1474 (03-26)