IFF Director Paul J Fribourg buys 273,500 shares in 2 transactions for $20.3M at blended avg $74.29, lifting stake to 2.68M shares
Director Paul J Fribourg made 2 separate open-market purchases on 2026-06-01 — 13,500 shares at $74.49 and 260,000 shares at $74.28 — totaling 273,500 shares for $20,317,854.50, expanding his holdings from 2,409,230 shares to 2,682,730 shares (+11.4% vs pre-transaction holdings). The transactions were executed at prices above the current price of $73.24, and IFF sits -13.3% from its 52-week high against a backdrop of -5.2% annual revenue growth and a company that was unprofitable over its most recent full fiscal year. Fribourg's prior trades at IFF show a positive pattern: 4 of 5 prior trades were well-timed at the 90-day mark, with his March 2026 buys returning +3.4% and +3.5% at 30 days and +5.9% and +6.0% at 90 days respectively. His cross-ticker track record spans 16 prior buys with an avg 90d return of -3.5% and a 90d win rate of 37.50%, suggesting his IFF-specific outcomes have been stronger than his broader history.