Ingredion SVP reports tax-withholding share disposition
Ingredion Inc senior vice president Michael O'Riordan reported a small tax-related share disposition under a compensation plan.
Rhea-AI Filing Summary
Ingredion Inc senior vice president Michael O'Riordan reported a small tax-related share disposition under a compensation plan. On the reported date, 240 shares of common stock were withheld at $118.31 per share to cover taxes due when restricted stock units vested.
The tax withholding related to the vesting of 470 restricted stock units granted on February 15, 2023, plus 39.128 units acquired through deemed dividend reinvestment on those awards. After this automatic disposition, O'Riordan directly holds 10,068.471 shares of Ingredion common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 240 | $118.31 | $28K |
Footnotes (1)
- F1. Shares withheld to pay applicable taxes upon the vesting of 470 restricted stock units ("RSUs") granted on February 15, 2023 and 39.128 RSUs acquired through deemed dividend reinvestment with respect to these RSUs.
FAQ
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What did Ingredion (INGR) executive Michael O'Riordan report on this Form 4?
How many restricted stock units vested for Ingredion (INGR) executive Michael O'Riordan?
Was Michael O'Riordan’s Ingredion (INGR) Form 4 an open-market stock sale?
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