Form 4: Ingevity Corp Executive Ryan C. Fisher Reports Acquisition of Shares Through RSU Grant

Ryan C. Fisher, SVP, Gen. Counsel & Secretary of Ingevity Corp, reports the acquisition of 1,163 shares of common stock through a grant of Restricted Stock Units (RSUs) on July 5, 2024.

Summary

• On July 5, 2024, Ryan C. Fisher, SVP, Gen. Counsel & Secretary of Ingevity Corp, acquired 1,163 shares of common stock.
• The acquisition was a result of a grant of Restricted Stock Units (RSUs) under the Ingevity Corporation 2016 Omnibus Incentive Plan.
• These RSUs will vest in three equal installments on July 5, 2025, 2026, and 2027.
• Following the transaction, Fisher directly owns 11,110 shares of Ingevity Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock ownership change due to RSU grants, which is a standard part of executive compensation.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The RSUs will vest in three equal installments on July 5, 2025, 2026, and 2027.

Industry Context

Executive stock ownership is a common practice in publicly traded companies and is often used to align the interests of management with those of shareholders.

Stakeholder Impact

• The increased stock ownership of a key executive could positively influence investor confidence.

Key Dates