Ingredion (INGR) director receives 265 phantom stock units in deferred pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Magro Charles V. reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc director Charles V. Magro reported a compensation-related grant of 265 phantom stock units on June 30, 2026. The units were allocated in lieu of a cash retainer under the company’s Non-Qualified Deferred Compensation Plan, using the closing price of $94.71 per share that day.
Each phantom stock unit represents the right to receive one share of Ingredion common stock in the future. Following this award, Magro holds a total of 500 phantom stock units directly, reflecting deferred, non-cash compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Magro Charles V.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 265 | $94.71 | $25K |
Holdings After Transaction:
Phantom Stock — 500 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Phantom stock units granted: 265 units
Reference share price: $94.71 per share
Phantom stock units after grant: 500 units
+2 more
5 metrics
Phantom stock units granted
265 units
Grant on June 30, 2026
Reference share price
$94.71 per share
Closing price on June 30, 2026 used for allocation
Phantom stock units after grant
500 units
Total phantom stock holdings following transaction
Underlying common stock
265 shares
Each new phantom unit equals one common share right
Transaction code
A
Grant, award, or other acquisition of derivative security
Key Terms
Phantom Stock, Non-Qualified Deferred Compensation Plan, cash retainer
3 terms
Phantom Stock financial
"Represents the aggregate number of shares of phantom stock allocated to the reporting person"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Non-Qualified Deferred Compensation Plan financial
"based upon a deferral of a cash retainer under the Non-Qualified Deferred Compensation Plan"
An arrangement where an employer agrees to pay part of an employee’s salary or bonus at a later date, often to attract or keep key staff. Think of it as a company IOU or a delayed paycheck held on the company’s books rather than in a protected retirement account; investors care because these promises create future cash obligations that are typically unsecured and depend on the company’s financial health, affecting risk, liabilities, and cash-flow planning.
cash retainer financial
"based upon a deferral of a cash retainer under the Non-Qualified Deferred Compensation Plan"
FAQ
What insider transaction did Ingredion (INGR) report for Charles V. Magro?
Ingredion reported that director Charles V. Magro received 265 phantom stock units as a grant on June 30, 2026. The award was part of deferred compensation, not an open-market stock purchase or sale.
How many phantom stock units does Charles V. Magro hold after this Form 4?
After the June 30, 2026 grant, Charles V. Magro holds 500 phantom stock units. These units represent deferred compensation, with each unit corresponding to the right to receive one share of Ingredion common stock in the future.
How was the value of Charles V. Magro’s Ingredion phantom stock grant determined?
The 265 phantom stock units were allocated based on deferring a cash retainer under Ingredion’s Non-Qualified Deferred Compensation Plan. The number of units was calculated using the $94.71 closing price of Ingredion common stock on June 30, 2026.
What does each Ingredion phantom stock unit granted to Charles V. Magro represent?
Each phantom stock unit granted to Charles V. Magro represents the right to receive one share of Ingredion common stock. The units are part of a deferred compensation arrangement instead of immediate cash payment of a director retainer.
Is Charles V. Magro’s June 2026 Ingredion transaction a stock purchase or sale?
The June 2026 Form 4 shows a grant of 265 phantom stock units to Charles V. Magro, not an open-market stock purchase or sale. It reflects non-cash, deferred compensation awarded under Ingredion’s Non-Qualified Deferred Compensation Plan.