Form 4: Ingevity Corp Director Daniel F. Sansone Reports Stock Grant and Trust Transactions

Director Daniel F. Sansone reported the acquisition of 4,057 shares of common stock via a restricted stock unit grant and the disposal of 6,827 shares held indirectly through a family trust.

Summary

• On May 1, 2025, Daniel F. Sansone, a director of Ingevity Corp, reported a transaction involving the company's common stock.
• Sansone acquired 4,057 shares of common stock through a grant of restricted stock units under the company's 2016 Omnibus Incentive Plan.
• These restricted stock units will vest in full on May 1, 2026.
• Additionally, Sansone disposed of 6,827 shares held indirectly through the Carol G Sansone Irrevocable Family Trust, where he serves as trustee and beneficiary.
• Following these transactions, Sansone directly owns 16,879 shares of Ingevity Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting insider transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These filings provide transparency into the trading activities of company insiders and can be used by investors to gauge management's sentiment towards the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
• The grant of restricted stock units could incentivize the director to work towards the company's long-term success.

Key Dates

Keywords

Form 4, Ingevity Corp, NGVT, Daniel F. Sansone, Director, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Carol G Sansone Irrevocable Family Trust