Ingevity (NGVT) HR chief awarded 3,621 shares, 550 withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ingevity Corp senior vice president and chief HR officer Terrance M. Dyer reported equity compensation and a related tax withholding transaction. He received a grant of 3,621 shares of common stock at $0.00 per share, tied to restricted stock units that vest in three equal installments on February 27, 2027, 2028, and 2029. To cover tax withholding on 2025 RSUs that vested, 550 shares were disposed at $71.64 per share. After these transactions, he directly holds 7,698 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DYER TERRANCE M
Role
SVP, Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 550 | $71.64 | $39K |
| Grant/Award | Common Stock | 3,621 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,698 shares (Direct)
Footnotes (1)
- Grant of restricted stock units ("RSUs") pursuant to the Ingevity Corporation 2025 Omnibus Incentive Plan, which will vest in three equal installments on February 27, 2027, 2028, and 2029. Shares withheld by the Company to satisfy tax withholding obligations related to the 2025 RSUs that vested.
FAQ
What insider transactions did Ingevity (NGVT) report for Terrance M. Dyer?
Ingevity reported that Terrance M. Dyer received 3,621 shares of common stock as an equity grant and had 550 shares withheld to satisfy tax obligations on vested RSUs. Following these transactions, he holds 7,698 shares of Ingevity common stock directly.
What is the vesting schedule for Terrance M. Dyer’s Ingevity (NGVT) RSU grant?
The restricted stock units granted to Terrance M. Dyer will vest in three equal installments on February 27, 2027, February 27, 2028, and February 27, 2029. This staggered vesting structure is designed to align executive incentives with longer-term company performance.
What do the A and F transaction codes mean in Ingevity (NGVT) insider filings?
In this Ingevity filing, code A represents an acquisition through a grant or award of shares, specifically 3,621 shares granted. Code F indicates a disposition of 550 shares to pay the exercise price or tax liability, here used for withholding taxes on vested RSUs.