Ingredion EVP granted 3,053 RSUs
Kalotis Patrick Ilias reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kalotis Patrick Ilias reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc EVP Patrick Ilias Kalotis reported receiving an equity award linked to 3,053 shares of common stock. The award consists of restricted stock units granted at a reference value of $117.94 per unit and is held as direct ownership.
The RSUs may be settled only in common stock on a one-for-one basis and are scheduled to vest on February 25, 2029. Vesting can occur on a pro-rata basis upon death, disability, or retirement, and if retirement occurs on or after February 25, 2027, the units continue vesting under the original schedule.
Positive
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Negative
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Insights
Routine time-based RSU grant to an Ingredion executive.
This transaction shows Patrick Ilias Kalotis, an EVP at Ingredion Inc, receiving 3,053 restricted stock units that settle in common shares. The reference value is $117.94 per unit, indicating a notable but typical executive equity award.
The RSUs vest on February 25, 2029, with pro-rata vesting if employment ends due to death, disability, or retirement. If retirement occurs on or after February 25, 2027, vesting continues on schedule. This is standard long-term incentive design and does not, by itself, signal a change in the company’s outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,053 | $117.94 | $360K |
Footnotes (1)
- F1. These are restricted stock units ("RSUs") issued under the Ingredion Incorporated Stock Incentive Plan. The RSUs may be settled only in shares of common stock (one share per RSU) and will vest on February 25, 2029. In the event of termination of employment due to (a) death (b) disability or (c) retirement (as defined in the grant agreement), the RSUs will vest on a pro-rata basis. Notwithstanding the foregoing, in the event of Retirement on or after February 25, 2027, the RSUs shall continue to vest in accordance with the vesting schedule.
FAQ
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What insider transaction did Ingredion (INGR) report for Patrick Ilias Kalotis?
When do the RSUs granted to Ingredion executive Patrick Kalotis vest?
What happens to Ingredion EVP Kalotis’s RSUs if employment ends early?
Are the RSUs granted to Ingredion EVP Kalotis settled in cash or stock?
What was the reference value per unit for the RSUs granted at Ingredion?
AI-generated analysis. How Rhea-AI works. Not financial advice.