Form 4: Ingevity CFO's Routine Tax Withholding

Ingevity's EVP and CFO, Mary Dean Hall, reported the disposition of shares to cover tax obligations related to vested restricted stock units.

Summary

• Mary Dean Hall, EVP and Chief Financial Officer of Ingevity Corp (NGVT), reported transactions involving the company's common stock.
• On March 2, 2026, a total of 4,348 shares were disposed of to satisfy tax withholding obligations.
• These dispositions were related to the vesting of 2023, 2024, and 2025 Restricted Stock Units (RSUs).
• The shares were disposed of at a price of $71.64 per share.
• Following these transactions, Mary Dean Hall beneficially owns 37,427 shares of Ingevity common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction for an executive's equity compensation rather than a discretionary sale or purchase indicating a change in sentiment towards the company.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for corporate insiders, detailing changes in their beneficial ownership. This specific filing reflects a standard practice of withholding shares to cover tax liabilities upon the vesting of restricted stock units, which is common across all industries for executive compensation.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in the executive's investment thesis or company performance.

Key Dates

Keywords

Ingevity Corp, NGVT, Form 4, Insider Transaction, Restricted Stock Units, Tax Withholding, Mary Dean Hall, CFO