Form 4: Ingevity Corp Director Blackwell Reports Stock Grant and Trust Holdings

Director Jean Blackwell reports the grant of restricted stock units and details holdings including those held in a revocable trust.

Summary

• Jean Blackwell, a director of Ingevity Corp, filed a Form 4 on May 5, 2025, reporting transactions related to Ingevity Corp stock.
• The report details the grant of 4,057 restricted stock units on May 1, 2025, under the company's 2016 Omnibus Incentive Plan, which will vest on May 1, 2026.
• Blackwell also holds 6,857 shares of common stock directly and 17,502 shares indirectly through the Jean S. Blackwell Revocable Trust.
• The filing includes a Limited Power of Attorney, effective April 29, 2025, authorizing Ryan C. Fisher and Mavis G. Huger to act on Blackwell's behalf for SEC reporting purposes, including EDGAR filings and Forms 3, 4, 5, and 144.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• The grant of restricted stock units aligns the director's interests with the company's long-term performance.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure related to insider transactions, which is a common practice for publicly traded companies. It provides transparency regarding the holdings and transactions of company directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding director stock ownership.

Key Dates

Keywords

Form 4, Ingevity Corp, Director, Blackwell, Restricted Stock Units, Beneficial Ownership, Power of Attorney, SEC, NGVT