Ingredion (INGR) SVP receives 13.942 phantom stock units

Rhea-AI Filing Summary

Ingredion Inc senior vice president Michael J. Leonard reported an acquisition of phantom stock units through a grant under the company’s Non-Qualified Deferred Compensation Plan. He received 13.942 phantom stock units on the basis of a $117.46 closing share price, bringing his total phantom stock holdings to 629.639 units, each representing the right to receive one share of common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Leonard Michael J

Role SVP, CIO & Head of Prot. Fort.

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	13.942	$117.46	$2K

Holdings After Transaction: Phantom Stock — 629.639 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Leonard Michael J

(Last) (First) (Middle)

5 WESTBROOK CORPORATE CENTER

(Street)

WESTCHESTER IL 60154

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ingredion Inc [ INGR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, CIO & Head of Prot. Fort.

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)	02/27/2026		A		13.942		(1)	(1)	Common Stock	13.942	$117.46	629.639	D

Explanation of Responses:

1. Represents the aggregate number of shares of phantom stock allocated to the reporting person under the Non-Qualified Deferred Compensation Plan as of the date hereof based on the closing price of a share of the issuer's Common Stock on February 27, 2026. Each phantom stock unit represents the right to receive one share of common stock.

	Michael N. Levy, attorney-in-fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Ingredion (INGR) report for Michael J. Leonard?

Michael J. Leonard reported receiving 13.942 phantom stock units through a grant under Ingredion’s Non-Qualified Deferred Compensation Plan. These units were allocated based on the $117.46 closing price of Ingredion common stock on February 27, 2026.

What are the phantom stock units reported for Ingredion (INGR) SVP Leonard?

The phantom stock units represent a right to receive one share of Ingredion common stock for each unit. Leonard’s grant added 13.942 units, bringing his total phantom stock holdings reported in this filing to 629.639 units under the company’s deferred compensation plan.

On what date were the phantom stock units allocated to the Ingredion (INGR) executive?

The phantom stock units were allocated on February 27, 2026. The number of units was calculated using the closing price of Ingredion’s common stock of $117.46 per share on that date, as disclosed in the footnote to the transaction.

How many phantom stock units does the Ingredion (INGR) executive hold after this Form 4?

After this grant, Michael J. Leonard holds a total of 629.639 phantom stock units. This figure represents the aggregate number of phantom shares allocated to him under Ingredion’s Non-Qualified Deferred Compensation Plan as of the reported date.

Is the Ingredion (INGR) Form 4 transaction a buy or a grant of phantom stock?

The Form 4 transaction reflects a grant or award acquisition of phantom stock, not an open-market buy. It is coded as an “A” transaction, indicating a grant of 13.942 phantom units under a compensation plan for the reporting executive.