[Form 4] Ingredion Incorporated Insider Trading Activity

Rhea-AI Filing Summary

Ingredion Incorporated (INGR) Form 4 filing: On 06/30/2025, outside director Victoria Reich received 290.951 restricted stock units (RSUs) valued at $137.48 each as part of the board’s annual equity retainer. The RSUs convert into common stock no sooner than six months after the director leaves the board and no later than ten years thereafter. Following the award, Reich’s direct beneficial ownership rises to 18,531.711 shares. No derivative securities were transacted, and the filing was executed by attorney-in-fact Michael N. Levy on 07/02/2025.

Insights

Financial Analyst

TL;DR: Minor RSU grant; signals routine director compensation, negligible impact on valuation or float.

The Form 4 reflects a standard equity retainer rather than an open-market purchase. While insider acquisitions can be viewed positively, the 291-share size is immaterial relative to Ingredion’s float and market cap. Because the RSUs are subject to post-service settlement, there is no immediate cash outlay or liquidity impact. The filing does, however, confirm continued board alignment with shareholders through equity ownership, bringing Reich’s stake to roughly 18.5 k shares. No 10b5-1 plan was indicated, and there were no sales or derivative activities, leaving the company’s insider transaction profile largely unchanged.

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^*

REICH VICTORIA

(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)		Other (specify below)

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	18,531.711(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

What transaction did Ingredion (INGR) director Victoria Reich report?

She received 290.951 restricted stock units on 06/30/2025 as part of her annual director retainer.

How many Ingredion shares does Victoria Reich now beneficially own?

After the RSU grant, her direct ownership is 18,531.711 shares.

What was the valuation price of the RSUs granted to the director?

The RSUs were valued at $137.48 per share.

Are the RSUs immediately payable in stock?

No. They convert to stock no earlier than six months after resignation or retirement and no later than ten years thereafter.

Did the Form 4 indicate a 10b5-1 trading plan for this transaction?

The filing does not mark the box indicating the transaction was executed under a Rule 10b5-1 plan.