[Form 4] Ingredion Incorporated Insider Trading Activity

Rhea-AI Filing Summary

Volcon, Inc. (NASDAQ: VLCN) – Schedule 13G/A (Amendment No. 1)

Empery Asset Management, LP and two affiliated individuals, Ryan M. Lane and Martin D. Hoe (together, the “Reporting Persons”), disclosed a collective beneficial ownership of 26,594 shares of Volcon common stock, representing 4.99 % of the 533,008 shares outstanding as of 24 June 2025. All voting and dispositive power over these shares is held on a shared basis; none of the Reporting Persons claim sole power. The filing, dated 2 July 2025 for an event on 30 June 2025, is submitted under Rule 13d-1(c), indicating a passive investment position.

The Investment Manager, Empery Asset Management, LP, manages the securities on behalf of the “Empery Funds.” Messrs. Lane and Hoe, as managing members of the General Partner of Empery, may be deemed beneficial owners but expressly disclaim individual ownership beyond their indirect interest.

Because the disclosed stake is below the 5 % Schedule 13D threshold, the Reporting Persons state that they hold the shares in the ordinary course of business and have no intent to influence control of the issuer. No additional transactions, purchase prices, or strategic initiatives are discussed in the filing.

Insights

Financial Analyst

TL;DR – Passive holder Empery reports 4.99 % stake; no control intent signaled.

The amended Schedule 13G shows Empery Asset Management and its principals hold just under 5 % of Volcon’s outstanding shares. The sub-5 % level suggests a passive investment posture and frees the filer from the more onerous Schedule 13D obligations. No purchase details or prior share counts are provided, so the filing gives limited insight into trading direction or cost basis. From a capital-markets standpoint, the position is modest relative to Volcon’s micro-cap share count and does not, on its own, alter governance dynamics or float liquidity in a material way.

Corporate Governance Specialist

TL;DR – Filing confirms no activist agenda; governance impact minimal.

By choosing Rule 13d-1(c), the Reporting Persons certify a non-activist stance. Their shared voting power over 26,594 shares does not meet the 5 % threshold that would require a Schedule 13D and accompanying intent language. Consequently, board composition and strategic control remain unaffected. Investors should view this disclosure as routine housekeeping rather than a signal of imminent governance action.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KENNY GREGORY B

(Last) (First) (Middle)

5 WESTBROOK CORPORATE CENTER

(Street)

WESTCHESTER IL 60154

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ingredion Inc [ INGR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Chairman of the Board

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/30/2025		A		290.951(1)	A	$137.48	64,317.725(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These are restricted stock units issued to the Company's outside directors as part of their annual retainer and are payable in stock no earlier than six months after resignation or retirement as a director and no later than ten years thereafter.

2. 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.

	Michael N. Levy, attorney-in-fact	07/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Volcon (VLCN) shares does Empery Asset Management own?

The filing reports 26,594 common shares held on a shared basis.

What percentage of Volcon’s outstanding stock is owned by the Reporting Persons?

They beneficially own 4.99 % of the 533,008 shares outstanding as of 24 June 2025.

Why was a Schedule 13G/A filed instead of a Schedule 13D?

Because the stake is passive and below 5 %, Rule 13d-1(c) permits a 13G filing without activist intent.

Who are the individuals associated with the reporting group?

The individuals are Ryan M. Lane and Martin D. Hoe, both managing members of Empery’s general partner.

What is the event date that triggered this filing?

The relevant event date is 30 June 2025.