Ingredion (INGR) board chair receives 346 RSUs equity award
Rhea-AI Filing Summary
KENNY GREGORY B reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc board chairman Gregory B. Kenny received a grant of 346 restricted stock units representing common shares, valued at $111.92 per share, as part of the annual retainer for outside directors. These units are payable in stock no earlier than six months after his resignation or retirement from the board and no later than ten years afterward.
Including this award and RSUs from deemed dividend reinvestment, Kenny now holds a total of 66,655.372 shares and units directly, reflecting routine, compensation-related equity rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 346 | $111.92 | $39K |
Footnotes (1)
- These are restricted stock units issued to the Company's outside directors as part of their annual retainer and are payable in stock no earlier than six months after resignation or retirement as a director and no later than ten years thereafter. Includes restricted stock units ("RSUs") acquired through deemed dividend reinvestment. RSUs acquired through deemed dividend reinvestment vest on the dates when the RSUs with respect to which they are deemed dividends vest.
Key Figures
Key Terms
restricted stock units financial
RSUs financial
deemed dividend reinvestment financial
FAQ
What did Ingredion (INGR) director Gregory B. Kenny receive in this Form 4?
At what value were Gregory B. Kenny’s Ingredion restricted stock units granted?
When can the Ingredion (INGR) director access the restricted stock units granted?
Are Gregory B. Kenny’s new Ingredion (INGR) units from an open-market buy or a compensation award?