Ingevity CEO reports tax-withholding share dispositions
Ingevity Corp President & CEO David H. Li reported routine tax-related share dispositions rather than open-market sales.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Ingevity Corp President & CEO David H. Li reported routine tax-related share dispositions rather than open-market sales. On April 7, 2026, a total of 16,676 shares of Common Stock were withheld at $70.57 per share to cover tax obligations. After these transactions, Li directly held 140,636 shares of Ingevity common stock. A footnote notes that this total includes 422 ESPP shares purchased for the January 1 to March 31, 2026 period at 85% of the December 31, 2025 closing price.
Insider Trade Summary
Exercise Price or Tax Liability: 16,676 shares
Exercise Price or Tax Liability
2 txns
Insider
Li David H
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 13,102 | $70.57 | $925K |
| Exercise Price or Tax Liability | Common Stock | 3,574 | $70.57 | $252K |
Holdings After Transaction:
Common Stock — 140,636 shares (Direct)
Footnotes (1)
- F1. Includes 422 shares of Common Stock purchased pursuant to the Amended and Restated 2017 Ingevity Corporation Employee Stock Purchase Plan, as amended ("ESPP"), for the purchase period of January 1, 2026 to March 31, 2026. In accordance with the terms of the ESPP, these shares were purchased at a price equal to 85% of the closing price of Issuer's Common Stock on December 31, 2025.
Key Figures
Tax-withholding shares: 16,676 shares
First tax-withholding block: 13,102 shares
Second tax-withholding block: 3,574 shares
+3 more
6 metrics
Tax-withholding shares
16,676 shares
Total Common Stock used for tax-withholding on April 7, 2026
First tax-withholding block
13,102 shares
Common Stock disposed of via tax withholding at $70.57 per share
Second tax-withholding block
3,574 shares
Common Stock disposed of via tax withholding at $70.57 per share
Price per share
$70.57 per share
Value used for both tax-withholding transactions
Shares held after transactions
140,636 shares
Direct Ingevity Common Stock holdings after April 7, 2026 transactions
ESPP shares included
422 shares
Common Stock purchased via ESPP for Jan 1–Mar 31, 2026 period
Key Terms
tax-withholding disposition, Employee Stock Purchase Plan, ESPP, Form 4
4 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Employee Stock Purchase Plan financial
"purchased pursuant to the Amended and Restated 2017 Ingevity Corporation Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
ESPP financial
"In accordance with the terms of the ESPP, these shares were purchased at a price equal to 85% of the closing price"
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ingevity (NGVT) CEO David H. Li report in this Form 4 filing?
David H. Li reported tax-withholding dispositions of company stock, not open-market sales. On April 7, 2026, 16,676 Ingevity common shares were withheld to satisfy tax liabilities, while he remained a significant shareholder with 140,636 shares held directly after the transactions.
What does the ESPP footnote in David H. Li’s Ingevity (NGVT) filing explain?
The footnote explains that his holdings include 422 shares purchased through Ingevity’s Employee Stock Purchase Plan. Those ESPP shares were bought for the January 1 to March 31, 2026 period at 85% of the company’s December 31, 2025 common stock closing price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
