Ingredion SVP awarded phantom stock units
Seip David Eric reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Seip David Eric reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc reported that SVP, Global Operations and CSCO David Eric Seip received a grant of phantom stock as part of his compensation. On June 30, 2026, he was awarded 18.44 phantom stock units, valued using the $94.711 closing price of Ingredion common stock that day.
Each phantom stock unit represents the right to receive one share of common stock under the company’s Non-Qualified Deferred Compensation Plan. Following this award, Seip holds a total of 13,236.1041 phantom stock units, reflecting his accumulated deferred compensation position rather than an open-market stock purchase or sale.
Positive
- None.
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- None.
Insider Trade Summary
Grant/Award: 18.44 shares
Grant/Award
1 txn
Insider
Seip David Eric
Role
SVP, Global Ops and CSCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 18.44 | $94.711 | $2K |
Holdings After Transaction:
Phantom Stock — 13,236.1041 contracts (Direct)
Footnotes (1)
- 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 June 30, 2026. Each phantom stock unit represents the right to receive one share of common stock.
Key Figures
Phantom stock units granted: 18.4400 units
Reference closing price: $94.711 per share
Total phantom stock after grant: 13,236.1041 units
+1 more
4 metrics
Phantom stock units granted
18.4400 units
Grant on June 30, 2026
Reference closing price
$94.711 per share
Closing price on June 30, 2026 for common stock
Total phantom stock after grant
13,236.1041 units
Aggregate phantom stock balance following transaction
Underlying common stock per unit
1 share per unit
Each phantom stock unit equals one share of common stock
Key Terms
Phantom Stock, Non-Qualified Deferred Compensation Plan, Common Stock, phantom stock unit
4 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.
Common Stock financial
"based on the closing price of a share of the issuer's Common Stock on June 30, 2026"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
phantom stock unit financial
"Each phantom stock unit represents the right to receive one share of common stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ingredion (INGR) report for David Eric Seip?
Ingredion reported that SVP David Eric Seip received a grant of phantom stock units. He was awarded 18.44 phantom stock units on June 30, 2026, as compensation under the Non-Qualified Deferred Compensation Plan, increasing his total phantom stock holdings to 13,236.1041 units.
How many phantom stock units were granted to the Ingredion (INGR) executive?
David Eric Seip was granted 18.44 phantom stock units. The grant date was June 30, 2026, and the units were valued using the $94.711 closing price of Ingredion common stock, reflecting a routine compensation award rather than an open-market stock transaction.
What does the phantom stock grant at Ingredion (INGR) represent?
The phantom stock grant represents deferred compensation for David Eric Seip. Each phantom stock unit equals the right to receive one share of Ingredion common stock under the Non-Qualified Deferred Compensation Plan, based on the June 30, 2026 closing share price of $94.711.
What is David Eric Seip’s total phantom stock position at Ingredion (INGR)?
After the June 30, 2026 grant, David Eric Seip holds 13,236.1041 phantom stock units. This figure reflects his aggregate phantom stock allocation under Ingredion’s Non-Qualified Deferred Compensation Plan, rather than the number of regular common shares he owns directly in the market.
Was there an open-market buy or sell in this Ingredion (INGR) Form 4 filing?
No, the Form 4 reports a compensation-related grant, not an open-market trade. David Eric Seip acquired 18.44 phantom stock units under the Non-Qualified Deferred Compensation Plan, based on the $94.711 closing price, increasing his deferred phantom stock balance to 13,236.1041 units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
