Ingredion CFO shares withheld for tax liability
Ingredion Inc Executive VP and CFO James D. Gray reported a routine tax-related share disposition.
Rhea-AI Filing Summary
Ingredion Inc Executive VP and CFO James D. Gray reported a routine tax-related share disposition. On the vesting of 3,527 restricted stock units granted in February 2023, plus 293.613 additional units from deemed dividend reinvestment, 1,603 shares of common stock were withheld at $118.31 per share to cover applicable taxes.
This Form 4 reflects a tax-withholding disposition rather than an open-market sale, meaning shares were retained by the company to satisfy Mr. Gray’s tax obligations associated with equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,603 | $118.31 | $190K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Shares withheld to pay applicable taxes upon the vesting of 3,527 restricted stock units ("RSUs") granted on February 15, 2023 and 293.613 RSUs acquired through deemed dividend reinvestment with respect to these RSUs.
FAQ
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What insider transaction did Ingredion (INGR) report for James D. Gray?
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