NGVT.NYSEIngevity CORP

Form 4: Ingevity Corp Executive Hulme Reports Stock Transactions Following PSU Vesting

Sentiment:

SEC Form 4 Filing

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Steven Paul Hulme, SVP and President of APT at Ingevity Corp, reports acquisition and disposal of common stock related to performance-based restricted stock units (PSUs) vesting.

Summary

  • On February 19, 2025, Steven Paul Hulme, SVP and President of APT at Ingevity Corp, acquired 336 shares of common stock upon the vesting of performance-based restricted stock units (PSUs).
  • The PSUs were settled with shares of common stock after the Talent and Compensation Committee certified the attainment of performance goals.
  • On the same day, Hulme disposed of 158 shares to satisfy tax withholding obligations at a price of $48.26 per share.
  • Following these transactions, Hulme directly owns 3,833 shares of Ingevity Corp common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. This filing indicates the vesting of performance-based stock awards, a common practice in executive compensation packages.

Key Dates

DateDescription
02/19/2025Date of earliest transaction: Acquisition of 336 shares and disposal of 158 shares.
02/21/2025Date of signature by Attorney-in-Fact.

Keywords

Form 4, Ingevity Corp, NGVT, Steven Paul Hulme, PSU, Stock Transaction, Beneficial Ownership, Executive Compensation

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