Ingredion Inc (NYSE: INGR) SVP boosts phantom stock holdings in deferred plan
Rhea-AI Filing Summary
Seip David Eric reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc SVP, Global Ops and CSCO David Eric Seip reported a grant of 17.5600 phantom stock units on July 31, 2026 as a derivative award. These units are allocated under the Non-Qualified Deferred Compensation Plan at the $99.458 closing share price. After this award, he holds 13,377.8931 phantom stock units, each representing the right to receive one share of common stock, including units accumulated through dividend reinvestment.
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 F1, F2 | 17.56 | $99.458 | $2K |
Holdings After Transaction:
Phantom Stock — 13,377.8931 shares (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 July 31, 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: 17.5600 units
Reference closing price: $99.458
Total phantom stock holdings: 13,377.8931 units
+1 more
4 metrics
Phantom stock units granted
17.5600 units
Derivative award to David Eric Seip on July 31, 2026
Reference closing price
$99.458
Closing price of Ingredion common stock on July 31, 2026 used to value phantom stock
Total phantom stock holdings
13,377.8931 units
Aggregate phantom stock allocated to David Eric Seip under the Non-Qualified Deferred Compensation Plan as of July 31, 2026
Conversion ratio
1 unit = 1 share
Each phantom stock unit represents the right to receive one share of common stock
Key Terms
Phantom Stock, Non-Qualified Deferred Compensation Plan, dividend reinvestment
3 terms
Phantom Stock financial
"Represents the aggregate number of shares of phantom stock allocated"
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"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Ingredion Inc (INGR) executive David Eric Seip report?
David Eric Seip reported a grant of 17.5600 phantom stock units on July 31, 2026. The award is a derivative acquisition under Ingredion’s Non-Qualified Deferred Compensation Plan and references the $99.458 closing price of the company’s common stock on that date.
How many phantom stock units does INGR executive David Eric Seip hold after this Form 4?
After the reported grant, David Eric Seip holds 13,377.8931 phantom stock units. These are held under Ingredion’s Non-Qualified Deferred Compensation Plan and include additional units acquired through dividend reinvestment as noted in the filing’s footnotes.
What does the phantom stock reported by Ingredion Inc (INGR) represent for David Eric Seip?
Each phantom stock unit reported for David Eric Seip represents the right to receive one share of common stock. The units are bookkeeping entries under a non-qualified deferred compensation plan, valued using Ingredion’s $99.458 closing stock price on July 31, 2026.
Was the Ingredion Inc (INGR) phantom stock grant to David Eric Seip under a Rule 10b5-1 plan?
The transaction is not reported as pursuant to a Rule 10b5-1 trading plan. The filing’s 10b5-1 checkbox is unchecked, and no footnote indicates a pre-arranged trading plan governing this phantom stock award.
How was the value of David Eric Seip’s Ingredion Inc (INGR) phantom stock determined?
The aggregate phantom stock allocation is based on the closing price of $99.458 per Ingredion common share on July 31, 2026. That closing price is used to value the 13,377.8931 phantom stock units in his non-qualified deferred compensation account.