Ingredion (INGR) director awarded 380 restricted stock units as retainer
Rhea-AI Filing Summary
Ingredion Inc director David B. Fischer reported an automatic equity grant rather than an open-market trade. He received 380 restricted stock units tied to Ingredion common stock at a reference value of $111.92 per share. Following this award, he owns 19,510.2429 shares directly, including RSUs.
The RSUs are issued as part of the company’s annual retainer for outside directors and are payable in stock no earlier than six months after resignation or retirement and no later than ten years afterward. The total also includes RSUs acquired through deemed dividend reinvestment, which vest on the same dates as the related RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 380 | $111.92 | $43K |
Footnotes (1)
- These are restricted stock units issued to the Company's outside directors as part of their annual retainer and are payable in stock no earlier than six months after resignation or retirement as a director and no later than ten years thereafter. Includes restricted stock units ("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.
Key Figures
Key Terms
restricted stock units financial
annual retainer financial
deemed dividend reinvestment financial
vest financial
FAQ
What did Ingredion (INGR) director David B. Fischer report in this Form 4?
How many restricted stock units did the Ingredion (INGR) director receive and at what value?
When will David B. Fischer’s Ingredion (INGR) RSUs be paid or become deliverable?
What are restricted stock units (RSUs) in the context of Ingredion (INGR) director compensation?
What does deemed dividend reinvestment mean for Ingredion (INGR) RSUs?