Ingredion (INGR) SVP granted phantom stock units under deferred compensation plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seip David Eric reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc senior vice president David Eric Seip received a grant of phantom stock under a Non-Qualified Deferred Compensation Plan. The award covers 15.496 phantom stock units based on a reference price of $112.71 per share of common stock.
Following this grant, Seip holds a total of 13,056.1281 phantom stock units. Each phantom stock unit represents the right to receive one share of Ingredion common stock in the future, aligning his compensation more closely with the company’s share performance over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seip David Eric
Role
SVP, Global Ops and CSCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 15.496 | $112.71 | $2K |
Holdings After Transaction:
Phantom Stock — 13,056.128 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Phantom stock units granted: 15.496 units
Reference share price: $112.71 per share
Total phantom stock holdings: 13,056.1281 units
+1 more
4 metrics
Phantom stock units granted
15.496 units
Grant reported on April 15, 2026
Reference share price
$112.71 per share
Closing price of Ingredion common stock on April 15, 2026
Total phantom stock holdings
13,056.1281 units
Aggregate phantom stock units held after the grant
Underlying security
15.496 common shares
Each phantom stock unit equals one share of common stock
Key Terms
Phantom Stock, Non-Qualified Deferred Compensation Plan, phantom stock unit, Common Stock
4 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
"allocated to the reporting person under the Non-Qualified Deferred Compensation Plan as of the date hereof"
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.
phantom stock unit financial
"Each phantom stock unit represents the right to receive one share of common stock."
Common Stock financial
"based on the closing price of a share of the issuer's Common Stock on April 15, 2026."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Ingredion (INGR) report for David Eric Seip?
Ingredion reported that SVP David Eric Seip received 15.496 phantom stock units as a grant. The units were allocated under a Non-Qualified Deferred Compensation Plan, using a reference price of $112.71 per share of Ingredion common stock on April 15, 2026.
What are phantom stock units in the Ingredion (INGR) Form 4 filing?
Phantom stock units are a deferred compensation instrument that tracks Ingredion’s common stock value. In this filing, each unit represents the right to receive one share of common stock, linking executive compensation to future stock performance without an immediate cash or share transfer.
How many phantom stock units does David Eric Seip hold after this Ingredion (INGR) grant?
After the reported grant, David Eric Seip holds 13,056.1281 phantom stock units. This total reflects the aggregate number of units allocated to him under the Non-Qualified Deferred Compensation Plan as of April 15, 2026, based on Ingredion’s closing share price.
What pricing reference was used for the Ingredion (INGR) phantom stock award?
The phantom stock units were allocated using a reference price of $112.71 per share of Ingredion common stock. This price reflects the closing market price on April 15, 2026, and determines how many phantom stock units correspond to the deferred compensation value awarded.
Does the Ingredion (INGR) Form 4 show a stock purchase or sale by David Eric Seip?
The Form 4 does not show an open-market purchase or sale; it reports a compensation-related grant. Seip acquired 15.496 phantom stock units as a grant under a deferred compensation plan, which is categorized as an award rather than a market trade in Ingredion shares.