Ingredion (INGR) SVP Seip reports award vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ingredion senior executive David Eric Seip reported vesting of a performance share award and related equity movements. On February 9, 2026, he acquired 3,290 shares of common stock at $0 upon vesting, while 1,101 shares were withheld at $119.29 to cover taxes. Following these transactions, he directly held 28,421.396 shares of common stock and 12,599.0101 phantom stock units, each unit representing the right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Seip David Eric
Role
SVP, Global Ops and CSCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 3,290 | $0.00 | -- |
| Grant/Award | Common Stock | 3,290 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,101 | $119.29 | $131K |
Holdings After Transaction:
Phantom Stock — 12,599.01 shares (Direct);
Common Stock — 29,522.396 shares (Direct)
Footnotes (1)
- Shares acquired upon vesting of performance share award granted February 15, 2023. Vesting of the performance share award was based on criteria in addition to the increase in the market price of Ingredion Incorporated's common stock. Shares withheld to pay applicable taxes upon the vesting of performance share award granted February 15, 2023. Includes restricted stock units ("RSUs") acquired through deemed dividend reinvestment. RSUs acquired through deemed dividend reinvestment vest on the dates when the RSUs with respect to which they are deemed dividends vest. Represents the aggregate number of shares of phantom stock allocated by the reporting person under the Non-Qualified Deferred Compensation Plan upon vesting of performance share award granted February 15, 2023. Vesting of the performance share award was based on criteria in addition to the increase in the market price of Ingredion Incorporated's common stock. Each phantom stock unit represents the right to receive one share of common stock.
FAQ
What insider activity did INGR executive David Eric Seip report?
David Eric Seip reported vesting of a performance share award and related share movements. He acquired 3,290 common shares and had 1,101 shares withheld for taxes, reflecting routine equity compensation rather than an open-market stock purchase or sale.
What triggered the equity transactions reported by INGR executive David Eric Seip?
The transactions were triggered by the vesting of a performance share award granted on February 15, 2023. Vesting was based on specified performance criteria in addition to increases in Ingredion’s stock price, leading to share delivery and related tax withholding.
What are the phantom stock units reported by INGR executive David Eric Seip?
The phantom stock units represent deferred compensation tied to Ingredion common stock. Seip received 3,290 additional phantom stock units upon performance share vesting, bringing his total to 12,599.0101 units, each equal to the right to receive one share of common stock.
How was tax withholding handled for David Eric Seip’s Ingredion award vesting?
Tax withholding was handled through share withholding rather than a cash payment. Specifically, 1,101 shares of Ingredion common stock were withheld at $119.29 per share when the 3,290-share performance award vested on February 9, 2026, to cover applicable taxes.