Ingredion SVP receives phantom stock award

Leonard Michael J reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Leonard Michael J reported acquisition or exercise transactions in this Form 4 filing.

Ingredion Inc senior vice president Michael J. Leonard reported a compensation-related award of phantom stock units. On June 30, 2026, he was granted 36.066 phantom stock units based on a closing common share price of $94.71, increasing his total phantom stock holdings to 1,718.846 units. Each phantom stock unit represents the right to receive one share of Ingredion common stock under the company’s Non-Qualified Deferred Compensation Plan, so this filing reflects deferred equity-based compensation rather than an open-market stock purchase or sale.

Insider Trade Summary

Grant/Award: 36.066 shares

Grant/Award 1 txn

Insider Leonard Michael J

Role SVP, CIO & Head of Prot. Fort.

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	36.066	$94.71	$3K

Holdings After Transaction: Phantom Stock — 1,718.846 contracts (Direct)

Footnotes (1)

1. F1. 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 June 30, 2026. Each phantom stock unit represents the right to receive one share of common stock.

Key Figures

Phantom stock units granted: 36.066 units Reference share price: $94.71 per share Total phantom stock after grant: 1,718.846 units +1 more

4 metrics

Phantom stock units granted 36.066 units Grant on June 30, 2026

Reference share price $94.71 per share Closing price on June 30, 2026

Total phantom stock after grant 1,718.846 units Holdings following reported transaction

Underlying common stock equivalence 1 unit = 1 share Each phantom stock unit equals one common share

Key Terms

Phantom Stock, Non-Qualified Deferred Compensation Plan, phantom stock unit

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

"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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Michael J. Leonard received an award of 36.066 phantom stock units tied to Ingredion common stock. These units are part of deferred compensation, not an open-market trade, and increase his total phantom stock position to 1,718.846 units.

What is the value basis of the phantom stock units in Ingredion’s Form 4?

The phantom stock units were allocated using a $94.71 closing price for Ingredion common stock on June 30, 2026. This price determined how many phantom stock units Leonard received under the company’s Non-Qualified Deferred Compensation Plan.

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

After the reported award, Michael J. Leonard holds 1,718.846 phantom stock units. Each phantom unit represents the right to receive one share of Ingredion common stock, reflecting his accumulated deferred equity-based compensation under the plan.

Does the Ingredion (INGR) Form 4 reflect a stock purchase or sale?

The Form 4 reflects a grant of phantom stock units, not a purchase or sale of shares in the open market. It records deferred compensation awarded to the executive, linked in value to Ingredion’s common stock price.

What plan governs the phantom stock units reported by Ingredion (INGR)?

The phantom stock units are allocated under Ingredion’s Non-Qualified Deferred Compensation Plan. Under this plan, each phantom stock unit tracks the value of one share of common stock and represents a right to receive that share in the future.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/01/2026 - 11:43 AM Learn about SEC filing dates

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 ILLINOIS 60154

(City) (State) (Zip)

UNITED STATES

(Country)

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.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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

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

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

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)	06/30/2026		A		36.066		(1)	(1)	Common Stock	36.066	$94.71	1,718.846	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 June 30, 2026. Each phantom stock unit represents the right to receive one share of common stock.

	Michael N. Levy, attorney-in-fact	07/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)