Ingredion (NYSE: INGR) EVP reports stock award, tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ingredion Inc. executive Robert A. Ritchie reported equity compensation activity. On 02/09/2026, he acquired 1,203 shares of common stock at $0 per share upon vesting of a performance share award granted February 15, 2023, bringing his directly held common stock to 21,271.5858 shares before tax withholding.
On the same date, 440 common shares at $119.29 per share were withheld and disposed of to cover applicable taxes, leaving him with 20,831.5858 common shares held directly. He also acquired 1,203 phantom stock units under a Non-Qualified Deferred Compensation Plan, each representing the right to receive one share of common stock, resulting in 1,203 phantom stock units directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Ritchie Robert A.
Role
EVP, Food & Industrial Ingred.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 1,203 | $0.00 | -- |
| Grant/Award | Common Stock | 1,203 | $0.00 | -- |
| Tax Withholding | Common Stock | 440 | $119.29 | $52K |
Holdings After Transaction:
Phantom Stock — 1,203 shares (Direct);
Common Stock — 21,271.586 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 Ingredion (INGR) report for Robert A. Ritchie?
Ingredion (INGR) reported that EVP Robert A. Ritchie received 1,203 common shares at $0 and 1,203 phantom stock units from a performance share award. He also had 440 common shares withheld and disposed of to cover taxes tied to that vesting.
What does the phantom stock grant to Robert A. Ritchie at Ingredion (INGR) represent?
Ritchie received 1,203 phantom stock units tied to a Non-Qualified Deferred Compensation Plan at Ingredion (INGR). Each phantom unit represents the right to receive one share of common stock, allocated upon vesting of a February 15, 2023 performance share award.
Does Robert A. Ritchie’s Form 4 mention restricted stock units for Ingredion (INGR)?
Yes. A footnote states his holdings include restricted stock units acquired through deemed dividend reinvestment. These RSUs vest on the same dates as the underlying RSUs that generated the deemed dividends, adding to Ritchie’s equity-based compensation at Ingredion (INGR).