Ingevity (NGVT) SVP reports tax-withholding share dispositions on vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ingevity Corp senior executive Richard Allen White Jr. reported several tax-related share dispositions of common stock. On March 2, 2026, shares were withheld by the company at $71.64 per share to cover tax withholding obligations tied to restricted stock units that vested in 2023, 2024, and 2025. These were tax-withholding transactions, not open market sales, and White continues to hold a meaningful direct ownership stake after the withholdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
White Richard Allen JR
Role
SVP and Pres, Perf Chemicals
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 351 | $71.64 | $25K |
| Tax Withholding | Common Stock | 617 | $71.64 | $44K |
| Tax Withholding | Common Stock | 217 | $71.64 | $16K |
| Tax Withholding | Common Stock | 755 | $71.64 | $54K |
Holdings After Transaction:
Common Stock — 21,669 shares (Direct)
Footnotes (1)
- Shares withheld by the Company to satisfy tax withholding obligations related to the 2023 restricted stock units ("RSUs") that vested. Shares withheld by the Company to satisfy tax withholding obligations related to the 2024 RSUs that vested. Shares withheld by the Company to satisfy tax withholding obligations related to the 2025 RSUs that vested.
FAQ
What did Ingevity (NGVT) executive Richard Allen White Jr. report on this Form 4?
Richard Allen White Jr. reported several tax-related share dispositions of Ingevity common stock. The company withheld shares on March 2, 2026 to satisfy tax obligations arising as his restricted stock units vested in 2023, 2024, and 2025, rather than conducting open market sales.
Were the Ingevity (NGVT) Form 4 transactions open market sales?
No, the reported transactions were not open market sales. They were coded as “F,” meaning shares were withheld by Ingevity to pay exercise price or tax liabilities tied to vested restricted stock units, functioning as tax-withholding dispositions instead of discretionary stock sales by the executive.
What type of security was involved in the Ingevity (NGVT) Form 4 transactions?
All reported transactions involved Ingevity common stock. The shares were withheld by the company as part of tax-withholding arrangements linked to the vesting of restricted stock units granted in prior years, rather than involving options, derivatives, or any other class of securities.