Ingredion (NYSE: INGR) SVP Seip receives new phantom stock award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Seip David Eric reported acquisition or exercise transactions in this Form 4 filing.

Ingredion Inc senior vice president and chief supply chain officer David Eric Seip received a grant of 15.502 phantom stock units on March 31, 2026. These units were allocated under the company’s Non-Qualified Deferred Compensation Plan based on the closing common stock price that day.

After this award, Seip holds a total of 13,040.6321 phantom stock units, each representing the right to receive one share of Ingredion common stock in the future. This is a routine, compensation-related accrual rather than an open-market trade.

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	15.502	$112.66	$2K

Holdings After Transaction: Phantom Stock — 13,040.632 shares (Direct)

Footnotes (1)

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Key Figures

Phantom stock units granted: 15.502 units Reference share price: $112.66 per share Total phantom units after grant: 13,040.6321 units +1 more

4 metrics

Phantom stock units granted 15.502 units Grant on March 31, 2026 under Non-Qualified Deferred Compensation Plan

Reference share price $112.66 per share Closing price of Ingredion common stock on March 31, 2026 used for allocation

Total phantom units after grant 13,040.6321 units Aggregate phantom stock balance following the reported transaction

Underlying common stock units 15.502 shares equivalent Each phantom unit represents the right to receive one common share

Key Terms

Phantom Stock, Non-Qualified Deferred Compensation Plan, phantom stock unit

3 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"

Form 4 Insider Transactions: What Each Field Means →

04/01/2026 - 05:13 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Seip David Eric

(Last)

(First)

(Middle)

5 WESTBROOK CORPORATE CENTER

(Street)

WESTCHESTER

ILLINOIS

60154

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Ingredion Inc [ INGR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, Global Ops and CSCO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock	⁽¹⁾	03/31/2026		A		15.502		⁽¹⁾	⁽¹⁾	Common Stock	15.502	$112.66	13,040.6321	D

Explanation of Responses:

1. 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 March 31, 2026. Each phantom stock unit represents the right to receive one share of common stock.

	Michael N. Levy, attorney-in-fact	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Ingredion (INGR) report for David Eric Seip?

Ingredion reported that SVP David Eric Seip received 15.502 phantom stock units on March 31, 2026. The units were granted under the Non-Qualified Deferred Compensation Plan and are linked to Ingredion’s common stock value rather than being a direct market purchase or sale.

What is phantom stock in the Ingredion (INGR) Form 4 filing?

In this filing, phantom stock represents units credited under a deferred compensation plan, each tied to one share of common stock. The units track Ingredion’s share price but are paid later, functioning as a cash-settled or share-delivered benefit rather than immediate share ownership.

How many phantom stock units does the Ingredion (INGR) executive hold after this grant?

After the March 31, 2026 grant, David Eric Seip holds 13,040.6321 phantom stock units. Each unit represents the right to receive one share of Ingredion common stock in the future, reflecting the accumulated value of his deferred compensation allocations over time.

How was the new phantom stock grant for Ingredion (INGR) executive Seip valued?

The 15.502 phantom stock units were allocated based on the closing price of Ingredion’s common stock on March 31, 2026, recorded as $112.66 per share. This price determined how many phantom units were credited under the Non-Qualified Deferred Compensation Plan that day.

Does the Ingredion (INGR) Form 4 show any open-market buying or selling by David Eric Seip?

No open-market buying or selling appears in this Form 4. The only reported activity is a grant of phantom stock units under a deferred compensation plan, which is a routine compensation accrual rather than a discretionary purchase or sale of Ingredion shares in the market.