Ingevity (NGVT) SVP granted RSUs as shares withheld for taxes
Rhea-AI Filing Summary
Ingevity Corp senior vice president of operations Clarence Reid Clontz Jr. reported equity compensation changes. He acquired 2,343 shares of common stock on a grant or award basis at $0.00 per share, tied to restricted stock units under the Ingevity Corporation 2025 Omnibus Incentive Plan that will vest in three equal installments on February 27, 2027, 2028, and 2029. He also had several small tax-withholding dispositions on March 2, 2026, where 143, 264, 49, and 270 shares of common stock were withheld by the company at $71.64 per share to satisfy tax obligations related to 2023, 2024, and 2025 RSUs that vested. Following these transactions, his directly owned common stock holdings were reported in the 9,000–9,700 share range after each step.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 143 | $71.64 | $10K |
| Exercise Price or Tax Liability | Common Stock | 264 | $71.64 | $19K |
| Exercise Price or Tax Liability | Common Stock | 49 | $71.64 | $4K |
| Exercise Price or Tax Liability | Common Stock | 270 | $71.64 | $19K |
| Grant/Award | Common Stock | 2,343 | $0.00 | $0.00 |
Footnotes (4)
- F1. 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.
- F2. Shares withheld by the Company to satisfy tax withholding obligations related to the 2023 RSUs that vested.
- F3. Shares withheld by the Company to satisfy tax withholding obligations related to the 2024 RSUs that vested.
- F4. 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 Clarence Reid Clontz Jr.?
Were the Ingevity (NGVT) insider transactions open-market sales or tax withholdings?
When will the newly granted RSUs to the Ingevity (NGVT) SVP vest?
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