Ingredion SVP awarded 30.569 phantom stock units
Leonard Michael J reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Leonard Michael J reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc senior vice president and chief information officer Michael J. Leonard received a grant of 30.569 phantom stock units on April 30, 2026. These units were credited under the company’s Non-Qualified Deferred Compensation Plan based on the closing price of Ingredion common stock on that date.
Each phantom stock unit represents the right to receive one share of common stock in the future, and the total phantom stock balance for Leonard after this grant is 1,582.171 units, including amounts accumulated through dividend reinvestment.
Insider Trade Summary
Grant/Award: 30.569 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 | 30.569 | $111.74 | $3K |
Holdings After Transaction:
Phantom Stock — 1,582.171 contracts (Direct)
Footnotes (2)
- 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 April 30, 2026. Each phantom stock unit represents the right to receive one share of common stock.
- F2. Includes shares of phantom stock acquired through dividend reinvestment.
Key Figures
Phantom stock units granted: 30.569 units
Phantom stock balance after grant: 1,582.171 units
Reference price: $111.7400 per share
+1 more
4 metrics
Phantom stock units granted
30.569 units
Grant on April 30, 2026
Phantom stock balance after grant
1,582.171 units
Aggregate phantom stock after April 30, 2026 grant
Reference price
$111.7400 per share
Closing price used to allocate phantom stock units on April 30, 2026
Underlying common stock
30.569 shares
Each phantom unit corresponds to one share of common stock
Key Terms
Phantom Stock, Non-Qualified Deferred Compensation Plan, dividend reinvestment, phantom stock unit
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.
dividend reinvestment financial
"Includes shares of phantom stock acquired through dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
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?
Ingredion reported that Michael J. Leonard received 30.569 phantom stock units on April 30, 2026. The units were granted under the Non-Qualified Deferred Compensation Plan and are tied to the issuer’s common stock closing price on that date.
What is the size of Michael J. Leonard’s phantom stock grant at Ingredion (INGR)?
Michael J. Leonard was credited with 30.569 phantom stock units on April 30, 2026. After this grant, his aggregate phantom stock balance under the plan is 1,582.171 units linked to Ingredion common stock, including prior accruals and dividend reinvestment.
What does each phantom stock unit represent for Ingredion (INGR) insiders?
Each phantom stock unit represents the right to receive one share of Ingredion common stock. The units are allocated under the Non-Qualified Deferred Compensation Plan and are initially valued using the issuer’s common stock closing price on the allocation date.
How was the phantom stock for Michael J. Leonard at Ingredion (INGR) valued?
The phantom stock units were allocated based on the closing price of Ingredion’s common stock on April 30, 2026. That closing price determined how many units Leonard received within the Non-Qualified Deferred Compensation Plan for that date.
Does Michael J. Leonard’s Ingredion (INGR) phantom stock include dividend reinvestment?
Yes. The filing notes that Leonard’s phantom stock total includes units acquired through dividend reinvestment. These additional units are credited when dividends on Ingredion common stock are effectively reinvested into phantom stock within the plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
