Ingredion (INGR) SVP receives phantom stock award under deferred plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seip David Eric reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc senior vice president David Eric Seip received a grant of 11.186 shares of phantom stock valued at $117.46 per unit under a Non-Qualified Deferred Compensation Plan. Each phantom stock unit represents the right to receive one share of common stock, bringing his total phantom stock holdings to 12,620.6731 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seip David Eric
Role
SVP, Global Ops and CSCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 11.186 | $117.46 | $1K |
Holdings After Transaction:
Phantom Stock — 12,620.673 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Ingredion (INGR) report for David Eric Seip?
Ingredion reported that SVP David Eric Seip acquired 11.186 phantom stock units. The award was granted under a Non-Qualified Deferred Compensation Plan and is based on Ingredion’s common stock closing price on February 27, 2026.
What is phantom stock in the Ingredion (INGR) Form 4 filing?
In this filing, phantom stock consists of units whose value tracks Ingredion common shares. Each phantom stock unit represents the right to receive one share of common stock, typically delivered at a future date under the company’s deferred compensation arrangements.
How many phantom stock units does David Eric Seip hold after this Ingredion (INGR) award?
After the reported award, David Eric Seip holds a total of 12,620.6731 phantom stock units. This figure reflects the aggregate units allocated to him under Ingredion’s Non-Qualified Deferred Compensation Plan as of February 27, 2026.
At what reference price were the new Ingredion (INGR) phantom stock units valued?
The 11.186 phantom stock units granted to David Eric Seip were valued at $117.46 per unit. This value was based on the closing price of Ingredion’s common stock on February 27, 2026, as used for the plan allocation.
Does the Ingredion (INGR) phantom stock grant reflect an open-market purchase?
No, the phantom stock grant reflects a compensation-related award, not an open-market purchase. The Form 4 describes it as a grant or other acquisition under a Non-Qualified Deferred Compensation Plan, tied to Ingredion’s closing stock price on the grant date.