Ingredion (NYSE: INGR) awards 1,797 RSUs to outside director
Rhea-AI Filing Summary
Ingredion Inc director Charles V. Magro received an equity grant of 1,797 shares of common stock in the form of restricted stock units (RSUs) valued at $107.34 per share. This award is part of the annual retainer for outside directors under the company’s stock incentive plan.
One portion of the grant covers service from April 1, 2026 to May 19, 2026, and the remainder represents the full 2026 annual equity retainer as the company shifts director stock compensation to a twelve-month cycle aligned with the annual stockholder meeting. The RSUs, which may be settled only in shares of common stock on a one-for-one basis, will vest on May 19, 2027, subject to potential accelerated vesting in limited circumstances such as retirement, death, disability, or a Change in Control. Following this grant, Magro directly holds a total of 11,345.477 shares, including RSUs and RSUs acquired through deemed dividend reinvestment.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,797 | $107.34 | $193K |
Footnotes (1)
- These are restricted stock units ("RSUs") issued under the Ingredion Incorporated Stock Incentive Plan to the Company's outside directors as part of their annual retainer (as further described in Exhibit 10.26 to the Company's Annual Report on Form 10-K for the year ended December 31, 2025, filed on February 17, 2026). One portion of this grant covers the period from April 1, 2026 to May 19, 2026, and the remaining portion represents the full value of the outside directors' 2026 annual equity retainer, reflecting the Company's shift in 2026 from a calendar-year basis for director stock compensation to a twelve-month cycle aligned with the annual stockholder meeting. The RSUs may be settled only in shares of common stock (one share per RSU) and will vest on May 19, 2027, subject to the Committee's discretion to accelerate vesting upon an outside director's retirement, death, disability, or a Change in Control. Includes RSUs acquired through deemed dividend reinvestment. RSUs acquired through deemed dividend reinvestment vest on the dates when the RSUs with respect to which they are deemed dividends vest.