Ingredion (INGR) SVP Larry Fernandes sells 1,125 shares in Rule 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ingredion Inc senior executive Larry Fernandes reported an open-market sale of company stock. On the reported date, he sold 1,125 shares of Ingredion common stock at a price of $116.55 per share in a planned transaction under Rule 10b5-1.
After this sale, Fernandes directly owned 30,514.112 shares of Ingredion common stock. According to the disclosure, the sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted by Fernandes on May 7, 2025, which is designed to systematically sell shares over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,125 shares ($131,119)
Net Sell
1 txn
Insider
Fernandes Larry
Role
SVP, Chief Comm & Sust Officer
Sold
1,125 shs ($131K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,125 | $116.55 | $131K |
Holdings After Transaction:
Common Stock — 30,514.112 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Ingredion (INGR) report for Larry Fernandes?
Ingredion reported that senior vice president Larry Fernandes sold 1,125 shares of common stock. The sale was an open-market transaction executed under a pre-arranged Rule 10b5-1 trading plan, indicating a structured diversification rather than a spontaneous trade.
Was the Ingredion (INGR) insider sale by Larry Fernandes under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted by Larry Fernandes on May 7, 2025. Such plans allow executives to sell shares according to preset instructions, helping separate sales from day-to-day market information.
What role does Larry Fernandes hold at Ingredion (INGR)?
Larry Fernandes is disclosed as an officer of Ingredion, serving as Senior Vice President, Chief Commercial and Sustainability Officer. His position makes his equity transactions reportable, providing transparency around changes in his ownership of company stock.