Ingredion SVP awarded 2,375 restricted stock units
Fernandes Larry reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Fernandes Larry reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc senior vice president Larry Fernandes received a grant of 2,375 restricted stock units under the company’s stock incentive plan, valued at $117.94 per unit. The RSUs settle in common stock, vesting on February 25, 2029, with pro‑rata vesting on death, disability, or qualifying retirement and continued vesting after retirement on or after February 25, 2027.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,375 | $117.94 | $280K |
Footnotes (1)
- F1. These are restricted stock units ("RSUs") issued under the Ingredion Incorporated Stock Incentive Plan. The RSUs may be settled only in shares of common stock (one share per RSU) and will vest on February 25, 2029. In the event of termination of employment due to (a) death (b) disability or (c) retirement (as defined in the grant agreement), the RSUs will vest on a pro-rata basis. Notwithstanding the foregoing, in the event of Retirement on or after February 25, 2027, the RSUs shall continue to vest in accordance with the vesting schedule.
FAQ
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What insider transaction did Ingredion (INGR) report for Larry Fernandes?
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When do Larry Fernandes’s Ingredion (INGR) RSUs vest?
How are Larry Fernandes’s RSUs at Ingredion (INGR) settled?
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AI-generated analysis. How Rhea-AI works. Not financial advice.