Ingredion (NYSE: INGR) SVP awarded 17.612 phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seip David Eric reported acquisition or exercise transactions in this Form 4 filing.
Ingredion senior vice president David Eric Seip, SVP, Global Ops and CSCO, received a grant of 17.6120 phantom stock units on July 15, 2026. The units were valued at $99.1640 per unit, based on the closing price of Ingredion common stock. Each phantom stock unit represents the right to receive one share of common stock, for an aggregate allocation of 13,253.7161 phantom stock units under the Non-Qualified Deferred Compensation Plan, held directly.
Positive
- None.
Negative
- None.
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 | 17.612 | $99.164 | $2K |
Holdings After Transaction:
Phantom Stock — 13,253.716 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Phantom stock units granted: 17.6120 units
Reference price per phantom unit: $99.1640
Total phantom stock units held: 13,253.7161 units
3 metrics
Phantom stock units granted
17.6120 units
Grant to SVP David Eric Seip on July 15, 2026
Reference price per phantom unit
$99.1640
Based on closing price of Ingredion common stock on July 15, 2026
Total phantom stock units held
13,253.7161 units
Aggregate phantom stock allocation under the Non-Qualified Deferred Compensation Plan as of July 15, 2026
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"
FAQ
What insider transaction did Ingredion (INGR) executive David Eric Seip report?
David Eric Seip, Ingredion’s SVP, Global Ops and CSCO, reported a grant of 17.6120 phantom stock units on July 15, 2026. These units are allocated under the company’s Non-Qualified Deferred Compensation Plan and reference Ingredion’s common stock.
How many phantom stock units were granted to the Ingredion (INGR) SVP and at what reference price?
David Eric Seip was granted 17.6120 phantom stock units at a reference value of $99.1640 per unit. This value is based on the closing price of a share of Ingredion common stock on July 15, 2026.
What does phantom stock represent in this Ingredion (INGR) Form 4 filing?
Each phantom stock unit in this filing represents the right to receive one share of Ingredion common stock. The units are credited under a Non-Qualified Deferred Compensation Plan rather than being currently issued shares of common stock.
What is David Eric Seip’s total phantom stock allocation at Ingredion (INGR) after this grant?
After this grant, David Eric Seip has an aggregate allocation of 13,253.7161 phantom stock units under the Non-Qualified Deferred Compensation Plan. This figure reflects the total phantom stock credited to him as of July 15, 2026.
Was the Ingredion (INGR) insider transaction a market purchase or a compensation award?
The transaction is coded as an “A” – Grant, award, or other acquisition, indicating a compensation-related award of phantom stock units. It reflects an allocation under the Non-Qualified Deferred Compensation Plan, not an open-market stock purchase or sale.