Ingredion (INGR) SVP Leonard receives 819.984 phantom stock units in deferred award

Rhea-AI Filing Summary

Leonard Michael J reported acquisition or exercise transactions in this Form 4 filing.

Ingredion Inc senior vice president Michael J. Leonard received an award of 819.984 phantom stock units on March 6, 2026 under a Non-Qualified Deferred Compensation Plan. Each phantom unit represents the right to receive one share of common stock, bringing his total phantom stock holdings to 1,449.623 units.

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
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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^*

Leonard Michael J

(Last) (First) (Middle)

5 WESTBROOK CORPORATE CENTER

(Street)

WESTCHESTER IL 60154

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ingredion Inc [ INGR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, CIO & Head of Prot. Fort.

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/10/2026

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

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

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

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
Phantom Stock	(1)	03/06/2026		A		819.984		(1)	(1)	Common Stock	819.984	$114.83	1,449.623	D

Explanation of Responses:

1. Represents the aggregate number of shares of phantom stock allocated to the reporting person under the Non-Qualified Deferred Compensation Plan as of the date hereof based on the closing price of a share of the issuer's Common Stock on March 6, 2026. Each phantom stock unit represents the right to receive one share of common stock.

Remarks:

Amended to correct the number of shares.

	Michael N. Levy, attorney-in-fact	03/19/2026
	** 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.
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FAQ

What insider transaction did INGR executive Michael J. Leonard report on this Form 4/A?

Michael J. Leonard reported an acquisition of 819.984 phantom stock units tied to Ingredion common stock. The award was made under a Non-Qualified Deferred Compensation Plan based on the common stock closing price on March 6, 2026, increasing his phantom stock holdings.

What is the size of Michael J. Leonard’s new phantom stock award at Ingredion (INGR)?

The award consists of 819.984 phantom stock units linked to Ingredion common shares. These units were allocated using the March 6, 2026 closing price and represent additional deferred compensation rather than a cash transaction, increasing his total phantom stock position to 1,449.623 units.

How do the phantom stock units reported by INGR’s Leonard relate to common stock?

Each phantom stock unit represents the right to receive one share of Ingredion common stock. The units are allocated under a Non-Qualified Deferred Compensation Plan and mirror common stock value, giving deferred equity-based compensation rather than immediate share ownership or a traditional stock purchase.

What is Michael J. Leonard’s total phantom stock position in Ingredion after this Form 4/A?

After the grant, Leonard holds 1,449.623 phantom stock units under the Non-Qualified Deferred Compensation Plan. This total reflects the aggregate number of phantom shares allocated as of March 6, 2026, each corresponding to the value of one Ingredion common share.

Was the INGR Form 4/A transaction a market buy or sell of common stock?

No, the transaction was not a market buy or sell of common stock. It was an acquisition of phantom stock units as a compensation award under a deferred compensation plan, with each unit representing the right to receive a share in the future.

What plan governs the phantom stock units reported by Ingredion’s Michael J. Leonard?

The phantom stock units are allocated under a Non-Qualified Deferred Compensation Plan. As described, the plan credits phantom stock based on Ingredion’s closing share price on March 6, 2026, with each unit corresponding to one share of common stock for deferred compensation purposes.