Ingevity (NGVT) CFO withholds 4,148 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ingevity Corp executive vice president and chief financial officer Mary Dean Hall reported tax-related share dispositions on common stock. On March 2, 2026, she surrendered a total of 4,148 shares at $71.64 per share to satisfy withholding taxes on vesting RSU awards from 2023, 2024, and 2025. These are coded as “F” transactions, meaning shares were withheld by the company to cover tax obligations rather than sold in open-market trades. After these transactions, she directly holds 37,427 shares of Ingevity common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Hall Mary Dean
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 747 | $71.64 | $54K |
| Tax Withholding | Common Stock | 1,363 | $71.64 | $98K |
| Tax Withholding | Common Stock | 559 | $71.64 | $40K |
| Tax Withholding | Common Stock | 1,679 | $71.64 | $120K |
Holdings After Transaction:
Common Stock — 41,028 shares (Direct)
Footnotes (1)
- Shares withheld by the Company to satisfy tax withholding obligations related to the 2023 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) CFO Mary Dean Hall report in this Form 4?
Mary Dean Hall reported tax-related share dispositions of Ingevity common stock. She surrendered shares back to the company to cover withholding taxes owed when restricted stock units vested, rather than selling shares in the open market as a discretionary transaction.
Does this Ingevity (NGVT) Form 4 indicate open-market selling by the CFO?
No, the Form 4 shows tax-withholding dispositions coded as “F,” not open-market sales. Shares were withheld by Ingevity to pay tax liabilities related to vesting RSUs, a common administrative process when equity awards convert into unrestricted stock.
Why are there multiple Form 4 line items for Mary Dean Hall’s Ingevity (NGVT) transactions?
There are multiple line items because each reflects a separate batch of shares withheld for different RSU vesting years. The Form 4 details discrete tax-withholding dispositions related to vesting in 2023, 2024, and 2025 awards, all occurring on March 2, 2026.