Ingredion (INGR) director Victoria Reich receives 380-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ingredion Inc director Victoria Reich received an equity award of company stock. On the reported date, she acquired 380 shares of Ingredion common stock as a grant, valued at $111.92 per share, bringing her direct holdings to 19,985.131 shares.
The award consists of restricted stock units issued as part of the annual retainer for outside directors. These units are payable in stock no earlier than six months after resignation or retirement from the board and no later than ten years after that date, and include RSUs from deemed dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
REICH VICTORIA
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 380 | $111.92 | $43K |
Holdings After Transaction:
Common Stock — 19,985.131 shares (Direct)
Footnotes (1)
- These are restricted stock units issued to the Company's outside directors as part of their annual retainer and are payable in stock no earlier than six months after resignation or retirement as a director and no later than ten years thereafter. Includes restricted stock units ("RSUs") acquired through deemed dividend reinvestment. RSUs acquired through deemed dividend reinvestment vest on the dates when the RSUs with respect to which they are deemed dividends vest.
Key Figures
Shares granted: 380 shares
Grant price: $111.92 per share
Total holdings after grant: 19,985.131 shares
+2 more
5 metrics
Shares granted
380 shares
Restricted stock unit grant to outside director
Grant price
$111.92 per share
Reported price for RSU award on transaction date
Total holdings after grant
19,985.131 shares
Director’s direct Ingredion common stock holdings post-transaction
Transaction type
Grant, award, or other acquisition
Coded as acquisition (A) of non-derivative common stock
RSU payout window
6 months to 10 years
Payable no earlier than 6 months after resignation and no later than 10 years thereafter
Key Terms
restricted stock units, annual retainer, deemed dividend reinvestment, vest
4 terms
restricted stock units financial
"These are restricted stock units issued to the Company's outside directors as part of their annual retainer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
annual retainer financial
"restricted stock units issued to the Company's outside directors as part of their annual retainer"
deemed dividend reinvestment financial
"Includes restricted stock units ("RSUs") acquired through deemed dividend reinvestment"
vest financial
"RSUs acquired through deemed dividend reinvestment vest on the dates when the RSUs with respect to which they are deemed dividends vest"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Ingredion (INGR) director Victoria Reich report in this Form 4 filing?
Director Victoria Reich reported receiving an equity grant of 380 shares of Ingredion common stock. The transaction is classified as a grant or award acquisition, increasing her direct holdings to 19,985.131 shares, and reflects routine director compensation rather than an open-market stock purchase.
Was the Ingredion (INGR) Form 4 transaction a stock purchase or a grant?
The Form 4 transaction for Ingredion director Victoria Reich was a grant, not an open-market purchase. It is coded as an acquisition from a grant or award, representing part of her director compensation rather than a discretionary buy in the market at the reported price per share.
What are the key terms of the restricted stock units granted to Ingredion (INGR) director Victoria Reich?
The restricted stock units are issued as part of Ingredion’s annual retainer for outside directors. They are payable in stock no earlier than six months after resignation or retirement from the board and no later than ten years thereafter, and include RSUs from deemed dividend reinvestment.
How is dividend reinvestment handled for the Ingredion (INGR) restricted stock units in this filing?
The filing states that additional restricted stock units are acquired through deemed dividend reinvestment. These dividend-based RSUs vest on the same dates as the underlying RSUs to which the dividends relate, aligning the reinvested amounts with the original vesting schedule disclosed for the primary awards.