Ingredion (INGR) SVP awarded new phantom stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seip David Eric reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc reported that senior vice president David Eric Seip received a grant of phantom stock units as deferred compensation. On March 13, 2026, he was awarded 15.548 phantom stock units, each representing the right to receive one share of common stock. Following this award, his aggregate phantom stock balance under the Non-Qualified Deferred Compensation Plan is 12,994.8751 units, determined using the issuer’s common stock closing price on March 13, 2026.
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 | 15.548 | $112.33 | $2K |
Holdings After Transaction:
Phantom Stock — 12,994.875 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Ingredion (INGR) disclose for David Eric Seip?
Ingredion reported that SVP David Eric Seip received a grant of 15.548 phantom stock units on March 13, 2026. These units were allocated under the Non-Qualified Deferred Compensation Plan and are tied to the company’s common stock closing price on that date.
What is phantom stock in the Ingredion (INGR) Form 4 filing?
In this filing, phantom stock represents units credited under a deferred compensation plan, not actual shares. Each phantom stock unit corresponds to the right to receive one share of Ingredion common stock at a future time, as described in the compensation plan.
How many phantom stock units did the Ingredion SVP receive?
Senior vice president David Eric Seip was awarded 15.548 phantom stock units on March 13, 2026. After this transaction, his total phantom stock balance under the Non-Qualified Deferred Compensation Plan is 12,994.8751 units, according to the reported figures.
What plan governs the phantom stock reported for Ingredion (INGR)?
The phantom stock units are allocated under a Non-Qualified Deferred Compensation Plan for the reporting person. The aggregate units are valued using the closing price of Ingredion’s common stock on March 13, 2026, as referenced in the accompanying footnote.
How is the value of Ingredion’s phantom stock units determined?
The aggregate number of phantom stock units is based on the closing price of Ingredion’s common stock on March 13, 2026. Each unit represents the right to receive one share of common stock, aligning unit value with the underlying share price on that date.