Ingredion (INGR) SVP Seip has 570 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Seip David Eric
Role
SVP, Global Ops and CSCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 570 | $118.31 | $67K |
Holdings After Transaction:
Common Stock — 27,851.396 shares (Direct)
Footnotes (1)
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FAQ
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.