Form 4: Ingevity Director Receives Restricted Stock Unit Grant

Director Luis M. Fernandez-Moreno was granted 1,904 restricted stock units in Ingevity Corporation as part of the 2025 Omnibus Incentive Plan.

Summary

• Director Luis M. Fernandez-Moreno acquired 1,904 shares of Ingevity Corporation (NGVT) common stock via a restricted stock unit (RSU) grant.
• The transaction occurred on April 30, 2026, at a price of $0 per share.
• Following this transaction, the director's total beneficial ownership of common stock increased to 37,882 shares.
• The granted units are scheduled to vest in full on April 30, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard director compensation practices.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Increase in total beneficial ownership by a member of the board.

Negatives

• None identified; this is a standard equity compensation disclosure.

Risks

• None identified; this is a standard equity compensation disclosure.

Future Outlook

The restricted stock units are set to vest in full on April 30, 2027, subject to the terms of the 2025 Omnibus Incentive Plan.

Industry Context

StockSavvy.ai notes that equity grants to directors are a standard corporate governance practice designed to incentivize long-term performance and align board interests with those of common shareholders.

Comparison to Industry Standards

• The use of restricted stock units for director compensation is consistent with standard practices among mid-cap industrial and specialty chemical companies.
• The vesting period of one year is typical for annual director equity grants.

Stakeholder Impact

• Minimal impact on shareholders; represents standard equity-based compensation for board members.

Next Steps

• Vesting of the 1,904 restricted stock units on April 30, 2027.

Key Dates

Keywords

Ingevity, NGVT, Form 4, Insider Trading, Director Compensation, Restricted Stock Units