Form 4: Ingevity Corp Executive Ryan C. Fisher Reports Stock Transactions
SEC Form 4 Filing
Ryan C. Fisher, SVP, Gen. Counsel & Secretary of Ingevity Corp, reports acquisition and disposal of common stock related to performance-based restricted stock units (PSUs).
Summary
- On February 19, 2025, Ryan C. Fisher, SVP, Gen. Counsel & Secretary of Ingevity Corp, acquired 323 shares of common stock upon settlement of performance-based restricted stock units (PSUs).
- The Talent and Compensation Committee certified the attainment of performance goals for these PSUs.
- Also on February 19, 2025, 158 shares were disposed of at a price of $48.26 to cover tax withholding obligations related to the vested PSUs.
- Following these transactions, Fisher directly owns 11,275 shares of Ingevity Corp common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as the filing reflects routine stock transactions related to executive compensation. The vesting of PSUs suggests performance goals were met, which is mildly positive.
Positives
- The vesting of PSUs indicates that performance goals were met, which is a positive signal.
Management Comments
- The Talent and Compensation Committee of the Company's board of directors certified the attainment of performance goals for certain performance-based restricted stock awards.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common across publicly traded companies.
Stakeholder Impact
- The vesting of PSUs and subsequent stock transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of stock acquisition and disposal related to PSU vesting. |
| 02/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Ingevity Corp, Ryan C. Fisher, Form 4, PSUs, Stock Transaction, Beneficial Ownership, NGVT
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