Ingredion EVP granted 4,749 RSUs in stock
Ritchie Robert A. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Ritchie Robert A. reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc executive Robert A. Ritchie received a grant of 4,749 restricted stock units (RSUs) of common stock. The RSUs were awarded at a reference price of $117.94 per share and increase his directly owned common stock (including RSUs) to 25,388.5858 shares after the grant.
The RSUs can be settled only in shares of Ingredion common stock on a one-for-one basis and are scheduled to vest on February 25, 2029. If his employment ends because of death, disability, or retirement (as defined in the grant agreement), the award vests on a pro‑rata basis. In the case of retirement on or after February 25, 2027, the RSUs continue to vest according to the original vesting schedule.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,749 | $117.94 | $560K |
Footnotes (1)
- F1. These are restricted stock units ("RSUs") issued under the Ingredion Incorporated Stock Incentive Plan. The RSUs may be settled only in shares of common stock (one share per RSU) and will vest on February 25, 2029. In the event of termination of employment due to (a) death (b) disability or (c) retirement (as defined in the grant agreement), the RSUs will vest on a pro-rata basis. Notwithstanding the foregoing, in the event of Retirement on or after February 25, 2027, the RSUs shall continue to vest in accordance with the vesting schedule.
FAQ
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What transaction did Ingredion (INGR) report for Robert A. Ritchie?
When do Robert A. Ritchie’s new RSUs at Ingredion (INGR) vest?
How are the 4,749 RSUs for Ingredion (INGR) executive Robert A. Ritchie settled?
What happens to Robert A. Ritchie’s Ingredion (INGR) RSUs if he dies, becomes disabled, or retires?
How does retirement timing affect Robert A. Ritchie’s RSUs at Ingredion (INGR)?
What is Robert A. Ritchie’s Ingredion (INGR) common stock position after this RSU grant?
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