Ingevity (NGVT) director awarded 1,904 restricted stock units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ingevity Corp director Luis M. Fernandez-Moreno received an equity award of 1,904 shares of common stock on April 30, 2026. The award was granted as restricted stock units under Ingevity Corporation's 2025 Omnibus Incentive Plan and carries no cash exercise price.
The restricted stock units will vest in full on April 30, 2027, meaning the director must remain eligible through that date to receive the shares outright. Following this compensation-related grant, Fernandez-Moreno directly holds 37,882 shares of Ingevity common stock as reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FERNANDEZ-MORENO LUIS M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,904 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 37,882 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant: 1,904 shares
Grant price: $0.00 per share
Shares after transaction: 37,882 shares
+1 more
4 metrics
RSU grant
1,904 shares
Restricted stock units granted April 30, 2026
Grant price
$0.00 per share
Compensation award, not market purchase
Shares after transaction
37,882 shares
Direct holdings following Form 4 transaction
Vesting date
April 30, 2027
RSUs vest in full on this date
Key Terms
restricted stock units, 2025 Omnibus Incentive Plan, Form 4
3 terms
restricted stock units financial
"Grant of restricted stock units pursuant to Ingevity Corporation's 2025 Omnibus Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2025 Omnibus Incentive Plan financial
"pursuant to Ingevity Corporation's 2025 Omnibus Incentive Plan, which will vest in full"
An omnibus incentive plan is a company-wide program that authorizes awards of pay tied to performance and retention—such as stock options, restricted shares, cash bonuses and other rewards—here labeled for the year it was adopted (2025). Investors care because it affects how much ownership can be issued, dilutes existing shareholders, and aligns executives’ and employees’ incentives with company goals, similar to giving team members a stake in the outcome.
Form 4 regulatory
"was reported on a Form 4 insider transaction filing"
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
What insider transaction did Ingevity (NGVT) report for Luis M. Fernandez-Moreno?
Ingevity reported that director Luis M. Fernandez-Moreno received 1,904 shares of common stock as a restricted stock unit grant. The equity award was made as compensation, not a market purchase, and was reported on a Form 4 insider transaction filing.
When will the new Ingevity (NGVT) restricted stock units for Luis M. Fernandez-Moreno vest?
The restricted stock units granted to Luis M. Fernandez-Moreno will vest in full on April 30, 2027. Vesting means the shares become fully owned by him at that date, assuming all plan and service conditions under Ingevity’s 2025 Omnibus Incentive Plan are satisfied.
Was the Ingevity (NGVT) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 transaction was a compensation-related grant, not an open-market stock purchase. Luis M. Fernandez-Moreno received 1,904 restricted stock units at $0.00 per share under Ingevity’s 2025 Omnibus Incentive Plan, reflecting an equity award for his role as director.