Ingredion EVP granted 6,497 RSUs
Ritchie Robert A. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Ritchie Robert A. reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc executive Robert A. Ritchie received a stock-based compensation award in the form of restricted stock units. He was granted 6,497 RSUs tied to common stock at a reference price of $111.32 per share, increasing his direct holdings to 31,885.5858 shares.
The RSUs were issued under the Ingredion Incorporated Stock Incentive Plan and may be settled only in common shares on a one-for-one basis. They are scheduled to vest on March 12, 2029, with pro-rata vesting upon death, disability, or retirement, and continued scheduled vesting after retirement on or after March 12, 2027.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,497 | $111.32 | $723K |
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 March 12, 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 March 12, 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 Robert A. Ritchie?
How are Robert A. Ritchie’s new Ingredion (INGR) RSUs structured?
When do Robert A. Ritchie’s Ingredion (INGR) RSUs vest?
What special vesting provisions apply to Robert A. Ritchie’s Ingredion (INGR) RSUs?
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