Ingredion (INGR) SVP Seip receives phantom stock award tied to shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ingredion Inc senior vice president David Eric Seip reported a compensation-related award of phantom stock. On May 15, 2026, he acquired 17.019 phantom stock units tied to the company’s common stock at a reference price of $102.62 per share, bringing his total phantom stock holdings to 13,183.2411 units.
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 | 17.019 | $102.62 | $2K |
Holdings After Transaction:
Phantom Stock — 13,183.241 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Phantom stock granted: 17.019 units
Reference share price: $102.62 per share
Total phantom stock after grant: 13,183.2411 units
+2 more
5 metrics
Phantom stock granted
17.019 units
Grant to SVP David Eric Seip on May 15, 2026
Reference share price
$102.62 per share
Closing price of common stock on May 15, 2026
Total phantom stock after grant
13,183.2411 units
Aggregate phantom stock allocated as of transaction date
Underlying security
Common Stock
Each phantom unit represents right to one share
Transaction code
A
Grant, award, or other acquisition of derivative security
Key Terms
Phantom Stock, Non-Qualified Deferred Compensation Plan, phantom stock unit, Grant, award, or other acquisition
4 terms
Phantom Stock financial
"Represents the aggregate number of shares of phantom stock allocated to the reporting person"
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 as of the date hereof"
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.
phantom stock unit financial
"Each phantom stock unit represents the right to receive one share of common stock"
Grant, award, or other acquisition regulatory
"transaction code description is Grant, award, or other acquisition"
FAQ
What insider transaction did Ingredion (INGR) report for David Eric Seip?
Ingredion reported that SVP David Eric Seip received a grant of 17.019 phantom stock units on May 15, 2026. This is a compensation-related award rather than an open-market trade, increasing his total phantom stock holdings to 13,183.2411 units.
What is phantom stock in the Ingredion (INGR) Form 4 filing?
In this filing, phantom stock represents units credited under a Non-Qualified Deferred Compensation Plan. Each unit is valued using Ingredion’s common stock closing price and represents the right to receive one share of common stock in the future, aligning executive pay with share performance.
At what reference price were Ingredion (INGR) phantom stock units granted?
The 17.019 phantom stock units granted to David Eric Seip were allocated using a reference price of $102.62 per share. That price reflects the closing price of Ingredion’s common stock on May 15, 2026, for purposes of the plan’s allocation calculation.
How many phantom stock units does the Ingredion (INGR) executive hold after this grant?
After the May 15, 2026 grant, David Eric Seip holds a total of 13,183.2411 phantom stock units. These units are tied to Ingredion’s common stock and are part of his deferred compensation, rather than immediately tradable common shares.
Does the Ingredion (INGR) Form 4 show a stock sale by the executive?
No sale is shown in this Form 4. The filing records a grant of 17.019 phantom stock units to David Eric Seip as compensation. There are no reported open-market purchases or sales of Ingredion common stock in this specific filing.