Form 4: Ingevity Corp Director Francis David Segal Reports Changes in Beneficial Ownership

Director Francis David Segal reports acquisition of deferred stock units and vested deferred stock units in Ingevity Corp.

Summary

• On May 1, 2025, Francis David Segal, a director of Ingevity Corp, reported changes in beneficial ownership.
• Segal acquired 4,057 deferred stock units (DSUs) in lieu of the annual non-employee director restricted stock unit grant.
• These DSUs will vest on May 1, 2026, and will settle into shares of Ingevity's common stock upon Segal's termination of board service.
• Segal also acquired 677 vested DSUs in lieu of quarterly director fees at a price of $33.28.
• Following these transactions, Segal beneficially owns 4,734 shares of Ingevity Corp common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and alignment of interests.

Positives

• The acquisition of DSUs demonstrates the director's continued investment and alignment with the company's long-term performance.

Future Outlook

The deferred stock units will settle into an equal number of shares of the issuer's Common Stock upon the reporting person's termination of board service.

Industry Context

This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions have a minor positive impact on shareholders by aligning director interests with long-term company performance.

Key Dates

Keywords

Form 4, beneficial ownership, deferred stock units, DSUs, director compensation, Ingevity Corp, NGVT, Francis David Segal