Form 4: IFF CEO Plans $1M Stock Purchase in August 2025

International Flavors & Fragrances CEO J. Erik Fyrwald plans to acquire 15,300 shares of IFF common stock for approximately $993,720 on August 7, 2025, under a pre-arranged plan.

Summary

• J. Erik Fyrwald, the Chief Executive Officer and a Director of International Flavors & Fragrances Inc. (IFF), is the reporting person.
• The filing indicates a planned purchase of 15,300 shares of IFF Common Stock.
• The transaction is scheduled for August 7, 2025.
• The shares are to be acquired at a weighted average price of $64.9486 per share, with prices ranging from $64.83 to $65.00.
• The total value of the planned acquisition is approximately $993,720.
• Following this planned transaction, J. Erik Fyrwald will beneficially own 77,370 shares directly.
• Additionally, 2,660 shares are indirectly owned by the 2012 Fyrwald Irrevocable Family Trust, and 8,630 shares are indirectly owned by the J. Erik Fyrwald Irrevocable Trust u/a/d 12/21/2012.
• The transaction is made pursuant to a contract, instruction, or written plan for the purchase of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 8

Explanation: The planned significant stock purchase by the CEO indicates strong confidence in the company's future, which is a positive signal for investors.

Positives

• The planned purchase of a significant number of shares by the CEO signals strong confidence in the company's future performance and valuation.
• The transaction being executed under a Rule 10b5-1(c) plan indicates a pre-planned, systematic approach to stock acquisition, often reflecting long-term conviction.

Future Outlook

N/A

Industry Context

Insider purchases, especially by a CEO, are generally viewed as a positive signal within the industry, indicating management's belief in the company's undervaluation or strong future prospects relative to its peers.

Stakeholder Impact

• Shareholders may interpret the CEO's planned stock purchase as a positive indicator of the company's future performance and a sign of alignment between management and shareholder interests.

Key Dates

Recommendation

The CEO's planned acquisition of nearly $1 million worth of company stock, executed under a Rule 10b5-1 plan, demonstrates a high level of conviction in International Flavors & Fragrances' future. This strong insider buying signal suggests that management believes the stock is undervalued or poised for growth, making it an attractive opportunity for investors.

Keywords

International Flavors & Fragrances, IFF, Insider Trading, Stock Purchase, CEO, J. Erik Fyrwald, Equity, Investment, Form 4, Rule 10b5-1