Ingevity (NGVT) CAO granted 2,063 RSUs vesting in 2027-2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cotterman Ryan Joseph reported acquisition or exercise transactions in this Form 4 filing.
Ingevity Corp reported that VP and Chief Accounting Officer Ryan Joseph Cotterman received an equity grant of 2,063 shares of common stock as a compensation award. The grant represents restricted stock units under the Ingevity Corporation 2025 Omnibus Incentive Plan, issued at no cash cost to him.
These restricted stock units will vest in three equal installments on June 22, 2027, 2028, and 2029, tying part of his compensation to future service and company performance. Following this award, Cotterman directly holds 2,063 shares linked to this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cotterman Ryan Joseph
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,063 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,063 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 2,063 shares
Grant price per share: $0.00 per share
Shares held after transaction: 2,063 shares
+3 more
6 metrics
Equity grant size
2,063 shares
Restricted stock units granted to VP and CAO
Grant price per share
$0.00 per share
Restricted stock unit award, not open-market purchase
Shares held after transaction
2,063 shares
Direct holdings following the grant
First vesting date
June 22, 2027
First of three equal annual vesting installments
Second vesting date
June 22, 2028
Second vesting installment for the RSU grant
Third vesting date
June 22, 2029
Final vesting installment for the RSU grant
Key Terms
restricted stock units, Omnibus Incentive Plan, Form 4, Chief Accounting Officer, +1 more
5 terms
restricted stock units financial
"Grant of restricted stock units pursuant to the Ingevity Corporation 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.
Omnibus Incentive Plan financial
"pursuant to the Ingevity Corporation 2025 Omnibus Incentive Plan, as amended"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
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.
Chief Accounting Officer financial
"officer_title": "VP, Chief Accounting Officer""
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What insider transaction did Ingevity (NGVT) report for Ryan Joseph Cotterman?
Ingevity reported that VP and Chief Accounting Officer Ryan Joseph Cotterman received an equity award of 2,063 restricted stock units. The grant is a compensation award under the 2025 Omnibus Incentive Plan and does not reflect an open-market stock purchase.
What is the vesting schedule for the 2,063 restricted stock units at Ingevity (NGVT)?
The 2,063 restricted stock units vest in three equal annual installments on June 22, 2027, June 22, 2028, and June 22, 2029. This schedule encourages continued employment and aligns the executive’s long-term incentives with shareholders over several years.