INGR Insider Disclosure: SVP David Seip Allocated Phantom Stock Units
Rhea-AI Filing Summary
Ingredion insider received a small award of phantom stock units as compensation. The Form 4 shows that David Eric Seip, SVP, Global Ops and CSCO, was allocated 8.576 phantom stock units on 08/29/2025 under the company SERP, calculated using the closing common share price of $129.54. Each phantom unit represents the right to receive one share of common stock. After this allocation, the reporting person beneficially owned 9,082.4631 shares (direct).
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider compensation award recorded; small incremental economic exposure, not likely material to investors.
The filing documents a routine SERP allocation of 8.576 phantom stock units to an executive, valued at the reported closing price of $129.54. This increases direct beneficial ownership to 9,082.4631 shares. The size of the grant is very small relative to typical company float and does not indicate unusual trading activity or a change in control. It reflects compensation mechanics rather than a market-moving event.
TL;DR: Routine disclosure of SERP-based phantom stock allocation; compliance with Section 16 filing requirements appears met.
The Form 4 provides required disclosure about an officer-level SERP award and includes an explanation that each phantom unit equates to one common share. The form is signed by attorney-in-fact and shows the transaction code as an allocation (A). No indication of amendments, unusual vesting terms, or derivative exercises is present. This is a standard insider compensation disclosure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 8.576 | $129.54 | $1K |
Footnotes (1)
- F1. Represents the aggregate number of shares of phantom stock allocated to the reporting person under the SERP as of the date hereof based on the closing price of a share of the issuer's Common Stock on August 29, 2025. Each phantom stock unit represents the right to receive one share of common stock.
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