Fyrwald J Erik 4

What happened Erik Fyrwald, CEO of International Flavors & Fragrances (IFF), made open-market purchases of IFF common stock on March 12–13, 2026. He acquired 900 shares on 2026-03-12 at a reported average price of $68.87 (total $61,980) and 13,360 shares on 2026-03-13 at a reported average price of $69.85 (total $933,224), for a combined 14,260 shares purchased for approximately $995,204. These transactions are reported as purchases (Form 4 Code P), which many investors view as a more informative (bullish) signal than routine sales, though no motive should be assumed.

Key details

• Transaction dates and reported averages:
  • 2026-03-12: 900 shares at $68.87 (total $61,980). Footnote F1: purchases occurred at prices in the $68.55–$69.00 range (weighted avg reported).
  • 2026-03-13: 13,360 shares at $69.85 (total $933,224). Footnote F2: purchases occurred at prices in the $69.76–$69.95 range (weighted avg reported).
• Transaction type: Open-market purchases (Code P).
• Total purchased: 14,260 shares for ~ $995,204.
• Filing info: Form filed 2026-03-16; Period of Report listed as 2026-03-12. Filing appears timely (filed within the Form 4 deadline).
• Shares owned after the transactions: Not disclosed in the provided filing excerpt.
• Footnotes: The filing uses weighted average prices and notes multiple separate executions within the price ranges; the filer will provide per-trade price details on request to the issuer, security holders, or the SEC staff.

Context These were straightforward open-market purchases by the company CEO (no option exercises, gifts, or tax withholding involved). While insider purchases are often watched as a positive sign, they do not prove future performance—this summary sticks to the reported facts.