Ingevity director granted 1,904 deferred stock units
Ingevity Corp director Bruce D. Hoechner received a grant of 1,904 deferred stock units (DSUs) of Common Stock as equity compensation.
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Rhea-AI Filing Summary
Ingevity Corp director Bruce D. Hoechner received a grant of 1,904 deferred stock units (DSUs) of Common Stock as equity compensation. The award was made in lieu of the annual non-employee director restricted stock unit grant and carries no cash exercise price.
The DSUs will vest on April 30, 2027 and will convert into an equal number of Ingevity Common Stock shares when his board service ends, under the company’s Non-Employee Director Deferred Compensation Plan and 2025 Omnibus Incentive Plan. Following this grant, Hoechner directly holds 10,732 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,904 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of deferred stock units ("DSUs") issued pursuant to the reporting person's election to receive DSUs in lieu of the annual non-employee director restricted stock unit grant. These DSUs will vest on April 30, 2027 and will settle into an equal number of shares of the issuer's Common Stock upon the reporting person's termination of board service pursuant to the issuer's Amended and Restated Non-Employee Director Deferred Compensation Plan and 2025 Omnibus Incentive Plan.
Key Figures
Key Terms
deferred stock units financial
Non-Employee Director Deferred Compensation Plan financial
2025 Omnibus Incentive Plan financial
restricted stock unit grant financial
FAQ
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What insider transaction did Ingevity (NGVT) report for Bruce D. Hoechner?
When do Bruce D. Hoechner’s Ingevity (NGVT) deferred stock units vest?
How will the Ingevity (NGVT) deferred stock units be settled for Bruce D. Hoechner?
What plans govern Bruce D. Hoechner’s Ingevity (NGVT) deferred stock unit grant?
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