Ingredion CEO granted 28,829 RSUs at $117.94
Ingredion Inc reported that President and CEO James P. Zallie acquired 28,829 shares of common stock on a grant/award basis, valued at $117.94 per share.
Rhea-AI Filing Summary
Ingredion Inc reported that President and CEO James P. Zallie acquired 28,829 shares of common stock on a grant/award basis, valued at $117.94 per share. These are restricted stock units issued under the company’s stock incentive plan.
The RSUs may be settled only in common stock on a one-for-one basis and are scheduled to vest on February 25, 2029. They vest on a pro-rata basis if employment ends due to death, disability, or retirement, and in the case of retirement on or after February 25, 2027, they continue vesting under the original schedule.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,829 | $117.94 | $3.40M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. These are restricted stock units ("RSUs") issued under the Ingredion Incorporated Stock Incentive Plan. The RSUs may be settled only in shares of common stock (one share per RSU) and will vest on February 25, 2029. In the event of termination of employment due to (a) death (b) disability or (c) retirement (as defined in the grant agreement), the RSUs will vest on a pro-rata basis. Notwithstanding the foregoing, in the event of Retirement on or after February 25, 2027, the RSUs shall continue to vest in accordance with the vesting schedule.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ingredion (INGR) CEO James P. Zallie report in this Form 4?
Are the 28,829 units in the Ingredion (INGR) Form 4 an open-market stock purchase?
When do the restricted stock units granted to the Ingredion (INGR) CEO vest?
How are the Ingredion (INGR) CEO’s RSUs affected by death, disability, or retirement?
What is the settlement method for the Ingredion (INGR) CEO’s restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.