INGR Form 4: Stephan Tanda issued 321 shares as director retainer
Rhea-AI Filing Summary
Stephan B. Tanda, a director of Ingredion Inc (INGR), reported an acquisition of common stock on 09/30/2025. The filing shows 321 shares were acquired at a price of $124.49 as part of the company's annual director retainer. After the transaction Mr. Tanda beneficially owned 1,186 shares directly and 8,800 shares indirectly through The Tanda Joint Living Trust. The Form 4 was filed by one reporting person and is signed by attorney-in-fact Michael N. Levy on 10/02/2025.
Positive
- Transparent disclosure of director compensation via equity grant filed under Section 16
- Acquisition recorded as annual retainer, indicating routine governance practice rather than opportunistic trading
Negative
- None.
Insights
TL;DR: Director received equity retainer and marginally increased direct holdings; routine governance disclosure with limited market impact.
The reported 321-share acquisition at $124.49 reflects a standard equity retainer for outside directors rather than open-market trading or a change in control position. Holdings after the grant total 1,186 shares direct and 8,800 indirect, indicating most economic exposure is held via a family trust. This disclosure is procedural and complies with Section 16 reporting requirements; it does not by itself signal a change in board composition or company strategy.
TL;DR: Form 4 timely reports a compensatory stock grant to a director; no material red flags noted in the filing.
The form identifies the transaction as code A and includes an explanatory note that shares were issued to outside directors as part of their annual retainer. The single-person filing and attorney-in-fact signature indicate standard processing. There are no dispositions, derivative transactions, or unexplained date irregularities present in the record provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 321 | $124.49 | $40K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. These are shares of common stock issued to the Company's outside directors as part of their annual retainer.
AI-generated analysis. How Rhea-AI works. Not financial advice.