INGR Form 4: SVP Seip Allocated Phantom Stock Valued $125.93
Rhea-AI Filing Summary
Ingredion insider David Eric Seip, SVP, Global Ops and CSCO, was allocated 8.822 phantom stock units under the company’s SERP on 08/15/2025. The filing shows a reported price of $125.93 per share used to value the award and lists 9,073.8871 shares as the amount beneficially owned by the reporting person following the transaction. The filing is a Form 4 disclosing a non-cash, phantom stock allocation that represents the right to receive one share of common stock per unit.
Positive
- None.
Negative
- None.
Insights
TL;DR Small SERP phantom stock allocation disclosed; routine executive compensation disclosure with limited market impact.
The Form 4 reports an allocation of 8.822 phantom stock units to an executive under the SERP, valued using the issuer’s closing price of $125.93 on the transaction date. Each phantom unit equates to the right to receive one share of common stock. The report also states 9,073.8871 shares beneficially owned after the transaction, which likely aggregates prior holdings and this allocation. This is a standard Section 16 disclosure of non-derivative, non-cash compensation and does not, by itself, indicate a purchase or sale of open-market shares. For investors, the disclosure documents executive compensation accrual rather than a change in public float or immediate share transfers.
TL;DR Filing fulfills Section 16 reporting for a SERP allocation; procedural and compliance-focused.
The Form 4 appears to document compliance with Section 16 reporting requirements for phantom stock awarded under the company’s SERP on 08/15/2025. It identifies the reporting person, relationship to the issuer, transaction code indicating acquisition, and a valuation price of $125.93. Signature by an attorney-in-fact on 08/18/2025 is included. This disclosure is procedural and customary for executive compensation programs and should be viewed primarily as an administrative compliance filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 8.822 | $125.93 | $1K |
Footnotes (1)
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