Ingredion SVP has 570 shares withheld for taxes
Ingredion Inc senior vice president David Eric Seip reported a tax-withholding disposition of 570 shares of common stock at $118.31 per share.
Rhea-AI Filing Summary
Ingredion Inc senior vice president David Eric Seip reported a tax-withholding disposition of 570 shares of common stock at $118.31 per share. The shares were withheld to cover taxes on the vesting of restricted stock units, and he now directly holds 27,851.396 shares of Ingredion common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 570 shares
Exercise Price or Tax Liability
1 txn
Insider
Seip David Eric
Role
SVP, Global Ops and CSCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 570 | $118.31 | $67K |
Holdings After Transaction:
Common Stock — 27,851.396 shares (Direct)
Footnotes (1)
- F1. Shares withheld to pay applicable taxes upon the vesting of 1,732 restricted stock units ("RSUs") granted on February 15, 2023 and 144.184 RSUs acquired through deemed dividend reinvestment with respect to these RSUs.
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 a tax-withholding disposition by David Eric Seip involving 570 shares of common stock. The shares were withheld to cover taxes due on the vesting of restricted stock units granted and related deemed dividend reinvestment shares.
What is David Eric Seip’s role at Ingredion (INGR) in this Form 4 filing?
David Eric Seip is identified as an officer of Ingredion, serving as Senior Vice President, Global Operations and Chief Supply Chain Officer. The Form 4 reflects equity-related tax withholding activity associated with his executive compensation in company stock.
What triggered the tax-withholding disposition reported for Ingredion (INGR)?
The disposition was triggered by the vesting of 1,732 restricted stock units granted on February 15, 2023, plus 144.184 RSUs from deemed dividend reinvestment. Shares were withheld to pay applicable taxes on this stock-based compensation event.
AI-generated analysis. How Rhea-AI works. Not financial advice.