Ingredion SVP awarded phantom stock units
Ingredion Inc executive Michael J. Leonard, SVP, CIO & Head of Protein Fortification, reported an allocation of 34.343 phantom stock units on July 31, 2026 under the Non-Qualified Deferred Compensation Plan, valued using the $99.462 closing share price.
Rhea-AI Filing Summary
Ingredion Inc executive Michael J. Leonard, SVP, CIO & Head of Protein Fortification, reported an allocation of 34.343 phantom stock units on July 31, 2026 under the Non-Qualified Deferred Compensation Plan, valued using the $99.462 closing share price. After this report, his phantom stock holdings total 1,801.478 units, including units acquired through dividend reinvestment. Each phantom stock unit represents the right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 34.343 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 F1, F2 | 34.343 | $99.462 | $3K |
Holdings After Transaction:
Phantom Stock — 1,801.478 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 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 allocated: 34.343 units
Reference closing share price: $99.462 per share
Total phantom stock holdings after transaction: 1,801.478 units
3 metrics
Phantom stock units allocated
34.343 units
Allocation reported on July 31, 2026 under the Non-Qualified Deferred Compensation Plan
Reference closing share price
$99.462 per share
Closing price of Ingredion common stock on July 31, 2026 used to value phantom units
Total phantom stock holdings after transaction
1,801.478 units
Aggregate phantom stock balance for Michael J. Leonard following the reported allocation
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 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.
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 SVP Michael J. Leonard received an allocation of 34.343 phantom stock units under the company’s Non-Qualified Deferred Compensation Plan, based on the $99.462 closing price on July 31, 2026, tied economically to Ingredion common stock.
How many phantom stock units does Michael J. Leonard hold at Ingredion (INGR) after this filing?
Following the reported allocation, Michael J. Leonard holds 1,801.478 phantom stock units in total. This balance includes units originally granted under the Non-Qualified Deferred Compensation Plan as well as additional units acquired through dividend reinvestment features in the plan.
What does Ingredion’s (INGR) phantom stock represent for Michael J. Leonard?
Each of Leonard’s phantom stock units represents the right to receive one share of Ingredion common stock. The value of these units is based on the issuer’s share price, linking the deferred compensation’s economic value to Ingredion’s stock performance over time.
Under which plan were the phantom stock units reported for Ingredion (INGR) granted?
The phantom stock units reported for Michael J. Leonard are allocated under Ingredion’s Non-Qualified Deferred Compensation Plan. The reported 34.343 units reflect amounts tied to the July 31, 2026 closing share price and include plan-based dividend reinvestment features.
How is the $99.462 figure used in the Ingredion (INGR) phantom stock transaction?
The $99.462 figure represents the closing price of Ingredion common stock on July 31, 2026, used to determine the reported phantom stock allocation. The 34.343 units reflect value based on that closing price within the deferred compensation plan framework.
AI-generated analysis. How Rhea-AI works. Not financial advice.
