Form 4: Ingevity Director Acquires Shares via Deferred Compensation
Insider Transaction Report
Ingevity Corp Director Francis David Segal acquired 396 shares of common stock through vested deferred stock units as part of his compensation plan.
Summary
- Director Francis David Segal of Ingevity Corp (NGVT) acquired 396 shares of common stock.
- The acquisition occurred on January 2, 2026, at a price of $60.09 per share.
- These shares represent vested deferred stock units (DSUs) received in lieu of quarterly director fees.
- The DSUs will convert into an equal number of common stock shares upon Mr. Segal's termination of board service, as per the Company's Amended and Restated Non-Employee Director Deferred Compensation Plan and 2025 Omnibus Incentive Plan.
- Following this transaction, Mr. Segal beneficially owns 6,051 shares of Ingevity Corp common stock.
Sentiment
Score: 5
Explanation: Neutral, as this is a routine insider transaction related to director compensation and does not indicate significant positive or negative operational or financial news.
Positives
- Increased insider ownership, albeit through a compensation mechanism, aligns director interests with shareholders.
Future Outlook
The acquired deferred stock units are scheduled to settle into common stock shares upon the reporting person's termination of board service, as per company plans.
Industry Context
This is a routine insider compensation filing and does not provide specific industry context or trends.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation Plan Reference | The transaction references the Company's Amended and Restated Non-Employee Director Deferred Compensation Plan and 2025 Omnibus Incentive Plan, indicating existing governance structures for director remuneration. | NA | Confirms established compensation practices for non-employee directors. |
Stakeholder Impact
- Shareholders: Minor positive impact due to increased alignment of director's interests with shareholders through equity ownership.
Next Steps
- The deferred stock units will settle into an equal number of shares of the Company's Common Stock upon the reporting person's termination of board service.
Key Dates
| Date | Description |
|---|---|
| 01/02/2026 | Transaction Date: Acquisition of 396 shares of Common Stock through vested deferred stock units. |
| 01/06/2026 | Filing Date of the Form 4. |
Keywords
Ingevity Corp, NGVT, Francis David Segal, Director, Insider Transaction, Form 4, Deferred Stock Units, DSUs, Common Stock, Share Acquisition, Compensation Plan
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