Form 4: Ingredion CFO James Gray Reports RSU Tax Withholding

Ingredion Executive VP and CFO James D. Gray reported the withholding of 1,603 shares of common stock to cover taxes upon the vesting of restricted stock units.

Summary

• James D. Gray, Executive VP and CFO of Ingredion Inc (INGR), reported a transaction involving the company's common stock.
• On February 17, 2026, 1,603 shares of common stock were withheld to pay applicable taxes.
• This withholding occurred upon the vesting of 3,527 restricted stock units (RSUs) granted on February 15, 2023.
• Additionally, 293.613 RSUs were acquired through deemed dividend reinvestment related to these RSUs.
• The shares were withheld at a price of $118.31 per share.
• Following this transaction, Mr. Gray directly beneficially owns 31,656.328 shares of common stock and an additional 31,088 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative action related to executive compensation rather than a strategic or operational development.

Positives

• The vesting of 3,527 restricted stock units (RSUs) and an additional 293.613 RSUs from dividend reinvestment indicates a successful retention and compensation event for a key executive.
• The transaction reflects a standard, non-discretionary event related to executive compensation, demonstrating adherence to established equity plans.

Negatives

• The disposition of 1,603 shares, while for tax purposes, reduces the executive's direct ownership slightly.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Industry Context

StockSavvy.ai notes that the withholding of shares for tax purposes upon RSU vesting is a common and routine practice in executive compensation across publicly traded companies, particularly in the food ingredient industry, and does not indicate any unusual corporate activity.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine executive compensation event and does not reflect a change in company strategy or financial health.
• Management: The Executive VP and CFO's compensation structure is being executed as planned, indicating stability in executive incentives.

Key Dates

Keywords

Ingredion, INGR, Form 4, insider transaction, RSU vesting, executive compensation, stock withholding, James D Gray, common stock