FRIBOURG PAUL J 4

What Happened
Paul J. Fribourg, a director of International Flavors & Fragrances Inc. (IFF), acquired a total of 273,500 IFF shares in open-market purchases on June 1, 2026. The filing shows two purchases: 13,500 shares at a weighted average around $74.49 (total ~$1,005,574) and 260,000 shares at a weighted average around $74.28 (total ~$19,312,280), for combined consideration of about $20,317,854. These were purchases (code P), which are generally interpreted as insider buying activity rather than sales.

Key Details

• Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-02). No late filing is indicated.
• Prices/ranges (per footnotes): 13,500 shares purchased at prices ranging $74.435–$74.50 (weighted avg reported $74.49); 260,000 shares purchased at prices ranging $73.77–$75.28 (weighted avg reported $74.28).
• Total shares acquired: 273,500; total reported value ≈ $20,317,854.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Notable footnote: F3 disclaims beneficial ownership of shares held by Continental Grain Company (CGC) that Paul Fribourg may be associated with, except to the extent of his pecuniary interest. Footnotes F1/F2 note purchases occurred in multiple transactions and per-trade prices can be provided on request.

Context

• These were open-market purchases (code P) — straightforward buys of company stock, not option exercises, gifts, or awards.
• Large insider purchases can be of interest to retail investors as a signal that a director chose to add shares, but filings are factual records and do not state the insider’s motivation.