NGVT.NYSEIngevity CORP

Form 4: Ingevity Corp EVP & CFO Mary Dean Hall Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Mary Dean Hall, EVP & CFO of Ingevity Corp, reports the disposal of shares to cover tax obligations related to vested RSUs.

Summary

  • On April 19, 2024, Mary Dean Hall, the EVP & CFO of Ingevity Corp, disposed of 2,047 shares of common stock at a price of $44.44 per share to satisfy tax withholding obligations related to sign-on RSUs that vested on the same date.
  • Additionally, 180 shares were disposed of at the same price to cover tax obligations related to the 2021 RSUs that also vested on April 19, 2024.
  • Following these transactions, Hall directly owns 32,071 shares of Ingevity Corp common stock.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.

Key Dates

DateDescription
04/19/2024Date of transaction: Disposal of shares to cover tax obligations related to vested RSUs.
04/23/2024Date of report filing.

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