Ingevity (NGVT) SVP Ruth Castillo receives 3,688-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Castillo Ruth reported acquisition or exercise transactions in this Form 4 filing.
Ingevity Corp senior executive Ruth Castillo, SVP and President of Performance Materials, reported receiving a grant of 3,688 shares of common stock as a stock award. These restricted stock units were granted at no cash cost and will vest in three equal installments on February 27, 2027, 2028, and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Castillo Ruth
Role
SVP and Pres, Perf Materials
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,688 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,688 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Ingevity Corp (NGVT) report for Ruth Castillo?
Ingevity reported that executive Ruth Castillo received a grant of 3,688 shares of common stock as restricted stock units. The award was recorded at a price of $0.00 per share and represents an equity-based compensation grant, not an open-market stock purchase or sale.
What role does Ruth Castillo hold at Ingevity Corp (NGVT)?
Ruth Castillo serves as Senior Vice President and President, Performance Materials, at Ingevity. Her Form 4 filing reflects an equity award tied to this leadership role, documenting newly granted restricted stock units rather than a discretionary market transaction in the company’s shares.
When do Ruth Castillo’s Ingevity (NGVT) restricted stock units vest?
The restricted stock units granted to Ruth Castillo will vest in three equal installments on February 27, 2027, February 27, 2028, and February 27, 2029. This multi-year vesting schedule aligns the award with longer-term service and performance at Ingevity.