Ingredion (NYSE: INGR) exec adds to phantom stock stake
Rhea-AI Filing Summary
Seip David Eric reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc (INGR) reported that officer David Eric Seip, SVP, Global Ops and CSCO, received an award of 16.6010 units of Phantom Stock on August 14, 2026. The units are allocated under a Non-Qualified Deferred Compensation Plan and are based on a reference price of $105.20 per share. Following this award, Seip holds a total of 13,394.4941 Phantom Stock units, each representing the right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seip David Eric
Role
SVP, Global Ops and CSCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock F1 | 16.601 | $105.20 | $2K |
Holdings After Transaction:
Phantom Stock — 13,394.4941 shares (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 August 14, 2026. Each phantom stock unit represents the right to receive one share of common stock.
Key Figures
Phantom Stock units granted: 16.6010 units
Reference price per unit: $105.2000
Total Phantom Stock holdings after grant: 13,394.4941 units
+1 more
4 metrics
Phantom Stock units granted
16.6010 units
Grant of Phantom Stock on August 14, 2026
Reference price per unit
$105.2000
Closing price of common stock on August 14, 2026 used for allocation
Total Phantom Stock holdings after grant
13,394.4941 units
Direct holdings of Phantom Stock following reported transaction
Underlying common shares for this grant
16.6010 shares
Each Phantom Stock unit represents the right to receive one share
Key Terms
Phantom Stock, Non-Qualified Deferred Compensation Plan, derivative security
3 terms
Phantom Stock financial
"Represents the aggregate number of shares of phantom stock allocated"
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"
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.
derivative security financial
"transaction_type": "derivative" for Phantom Stock units"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did Ingredion Inc (INGR) report for David Eric Seip?
Ingredion Inc reported that David Eric Seip received an award of 16.6010 Phantom Stock units on August 14, 2026. These units were granted under a Non-Qualified Deferred Compensation Plan and each represents the right to receive one share of common stock.
What is the total Phantom Stock holding of David Eric Seip at INGR after this Form 4 transaction?
After the reported award, David Eric Seip holds 13,394.4941 Phantom Stock units tied to Ingredion Inc common stock. Each unit represents the right to receive one share of common stock under the company’s deferred compensation plan.
What was the reference price used for the Phantom Stock award reported by INGR?
The Phantom Stock units were allocated using a reference closing price of $105.20 per share on August 14, 2026. This price was used solely for calculating the number of phantom stock units credited under the deferred compensation plan.
What type of security was granted to the INGREDIENT Inc (INGR) executive in this Form 4?
The executive received Phantom Stock units, a derivative security tied to Ingredion Inc common stock. Each Phantom Stock unit represents the right to receive one share of common stock under the Non-Qualified Deferred Compensation Plan.
Is the Form 4 transaction for INGR’s David Eric Seip a purchase or a grant?
The Form 4 reports a grant/award acquisition of Phantom Stock units, coded as transaction type “A.” It reflects compensation-related allocation under a deferred compensation plan, not an open-market purchase or sale of common stock.
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