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Ingevity Corp (NGVT) CFO has 1,698 shares withheld to cover RSU taxes

(High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ingevity Corp officer Phillip John Platt, SVP and Chief Financial Officer, reported a Form 4 transaction involving company common stock. On 2026-08-10, 1,698 shares were withheld by the company at $77.04 per share to satisfy tax withholding obligations related to 2024 restricted stock units that vested. Following this tax-withholding disposition, Platt’s directly held common stock position is 26,641 shares.

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Insider PLATT PHILLIP JOHN
Role SVP, Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock F1 1,698 $77.04 $131K
Holdings After Transaction: Common Stock — 26,641 shares (Direct)
Footnotes (1)
  1. F1. Shares withheld by the Company to satisfy tax withholding obligations related to the 2024 restricted stock units that vested.
Shares withheld for tax 1,698 shares Common stock withheld on 2026-08-10 to satisfy tax withholding obligations
Per-share value of withheld shares $77.04 per share Price used to report the 1,698 withheld shares for tax withholding
Shares held after transaction 26,641 shares Directly held Ingevity common stock by Phillip John Platt after withholding
restricted stock units financial
"related to the 2024 restricted stock units that vested"
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.
tax withholding obligations financial
"to satisfy tax withholding obligations related to the 2024 restricted"
Form 4 regulatory
"reported a Form 4 transaction involving company common stock"
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 Phillip John Platt?

Ingevity reported that SVP and CFO Phillip John Platt had 1,698 common shares withheld on 2026-08-10. The shares were used to cover tax withholding obligations from vested 2024 restricted stock units.

Was the Ingevity (NGVT) insider transaction a market sale or a tax withholding?

The reported transaction was a tax-withholding disposition, not an open-market sale. 1,698 shares of common stock were withheld by Ingevity to satisfy tax obligations related to vested restricted stock units.

At what price were the withheld Ingevity (NGVT) shares valued in the Form 4?

The 1,698 withheld shares were valued at $77.04 per share. This price is used in the Form 4 to report the value of shares delivered or withheld to satisfy tax liabilities from RSU vesting.

How many Ingevity (NGVT) shares does Phillip John Platt hold after the transaction?

After the tax-withholding transaction, Phillip John Platt directly holds 26,641 shares of Ingevity common stock. This figure reflects his post-transaction ownership as reported in the Form 4 filing.

What does transaction code F mean in the Ingevity (NGVT) Form 4 filing?

Transaction code F indicates shares delivered or withheld for payment of exercise price or tax liability. In this case, Ingevity withheld 1,698 shares from Phillip John Platt to cover tax obligations from vested RSUs.

Is the Ingevity (NGVT) Form 4 transaction associated with a Rule 10b5-1 plan?

The filing indicates the Rule 10b5-1 checkbox is not checked. There is no footnote stating that the 1,698-share tax-withholding transaction was executed under a pre-arranged trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
PLATT PHILLIP JOHN

(Last)(First)(Middle)
4920 O'HEAR AVE
SUITE 400

(Street)
NORTH CHARLESTON SOUTH CAROLINA 29405

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Ingevity Corp [ NGVT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/10/2026F1,698(1)D$77.0426,641D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares withheld by the Company to satisfy tax withholding obligations related to the 2024 restricted stock units that vested.
Remarks:
Phillip J. Platt By: Mavis Huger as Attorney-in-Fact08/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)