Ingredion SVP granted 3,053 RSUs in stock award
Wolfe Nancy reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Wolfe Nancy reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc senior vice president and Chief HR Officer Nancy Wolfe received a grant of 3,053 restricted stock units tied to the company’s common stock, valued at $117.94 per share on the grant date. These RSUs vest on February 25, 2029, with pro-rata vesting in certain termination scenarios.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,053 shares
Grant/Award
1 txn
Insider
Wolfe Nancy
Role
SVP and Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,053 | $117.94 | $360K |
Holdings After Transaction:
Common Stock — 19,605.739 shares (Direct)
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 insider transaction did Ingredion (INGR) report for Nancy Wolfe?
Ingredion reported that SVP and Chief HR Officer Nancy Wolfe received 3,053 restricted stock units. These RSUs are tied to common stock and represent a compensation grant rather than an open-market purchase or sale, increasing her equity-based stake in the company.
When do Nancy Wolfe’s new Ingredion (INGR) RSUs vest?
The 3,053 restricted stock units granted to Nancy Wolfe vest on February 25, 2029. Under the plan, they may vest on a pro-rata basis upon death, disability, or qualifying retirement, with continued vesting after retirement on or after February 25, 2027.
Are Nancy Wolfe’s Ingredion (INGR) RSUs settled in cash or stock?
Nancy Wolfe’s 3,053 RSUs may be settled only in Ingredion common stock, at one share per RSU. This means that, upon vesting and settlement, she will receive an equivalent number of common shares rather than a cash payment from the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.