Ingevity (NGVT) director Narwold receives 1,904-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NARWOLD KAREN G reported acquisition or exercise transactions in this Form 4 filing.
Ingevity Corp director receives equity award through a grant of 1,904 shares of common stock to Karen G. Narwold. The grant is reported at a price of $0.00 per share as a compensation-related award, not an open-market purchase, and increases her direct holdings to 18,900 shares.
The award represents restricted stock units granted under Ingevity Corporation's 2025 Omnibus Incentive Plan and is scheduled to vest in full on April 30, 2027. This filing records a routine equity-based compensation grant rather than a discretionary stock trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NARWOLD KAREN G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,904 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,900 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 1,904 shares
Grant price: $0.00 per share
Post-grant holdings: 18,900 shares
+1 more
4 metrics
Equity award size
1,904 shares
Restricted stock units granted to director on April 30, 2026
Grant price
$0.00 per share
Reported grant price for restricted stock unit award
Post-grant holdings
18,900 shares
Total Ingevity common shares held directly after the grant
RSU vesting date
April 30, 2027
Restricted stock units vest in full on this date
Key Terms
restricted stock units, 2025 Omnibus Incentive Plan, Grant, award, or other acquisition
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 on April 30, 2027"
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Ingevity (NGVT) report for Karen G. Narwold?
Ingevity reported that director Karen G. Narwold acquired 1,904 shares of common stock as an equity award. The shares were granted at $0.00 per share as part of compensation, not bought in the open market, and are structured as restricted stock units.
What type of equity award did Ingevity (NGVT) grant to Karen G. Narwold?
Ingevity granted restricted stock units to director Karen G. Narwold under the company’s 2025 Omnibus Incentive Plan. The Form 4 notes these units convert into common stock as part of compensation, reflecting a routine long-term incentive award rather than a cash salary payment.
When do Karen G. Narwold’s Ingevity (NGVT) restricted stock units vest?
The restricted stock units granted to Karen G. Narwold are scheduled to vest in full on April 30, 2027. Vesting means the units become fully earned and settle into shares, encouraging longer-term alignment with shareholder interests during the vesting period.
Was Karen G. Narwold’s Ingevity (NGVT) transaction an open-market stock purchase?
No. The Form 4 classifies the transaction as a grant or award acquisition with a code “A,” not an open-market purchase. The 1,904 shares were granted at $0.00 per share as restricted stock units under the company’s incentive plan, reflecting compensation.