Form 4: Ingredion Director Acquires Shares

Ingredion Inc. Director Dwayne Andree Wilson acquired 371.402 shares of common stock at $107.7 per share, increasing beneficial ownership to 27,955.955 shares.

Summary

• Dwayne Andree Wilson, a Director at Ingredion Inc. (INGR), acquired 371.402 shares of common stock.
• The transaction occurred on December 5, 2025, with an acquisition price of $107.7 per share.
• Following this acquisition, Wilson's direct beneficial ownership stands at 27,955.955 shares.
• The acquired shares are restricted stock units (RSUs) issued as part of the company's annual retainer for outside directors.
• These RSUs are payable in stock no earlier than six months after resignation or retirement as a director and no later than ten years thereafter.
• The reported beneficial ownership also includes RSUs acquired through deemed dividend reinvestment, which vest concurrently with the original RSUs.

Sentiment

Score: 7

Explanation: Director acquired shares as restricted stock units, part of annual retainer, aligning interests with company performance.

Positives

• A director acquiring shares, even as part of compensation, generally signals continued alignment of management interests with shareholder value.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

This Form 4 filing reports a routine insider transaction related to director compensation and does not provide broader industry context or trends.

Related Party Transactions

• The issuance of 371.402 restricted stock units to Director Dwayne Andree Wilson as part of his annual retainer constitutes a related party transaction.

Stakeholder Impact

• Shareholders may view the director's acquisition of shares, even as compensation, as a positive signal of confidence in the company's future.

Next Steps

• The restricted stock units are payable in stock no earlier than six months after resignation or retirement as a director and no later than ten years thereafter.
• RSUs acquired through deemed dividend reinvestment will vest on the same dates as the original RSUs.

Key Dates

Recommendation

The filing reports a routine acquisition of restricted stock units by a director as part of their compensation. While insider buying can be a positive signal, this transaction is part of a compensation plan rather than an open market purchase, and thus does not significantly alter the investment thesis for Ingredion Inc. A 'hold' recommendation is maintained as this filing alone does not provide new information to change a broader investment strategy.

Keywords

Ingredion Inc, INGR, Form 4, Insider Transaction, Stock Acquisition, Restricted Stock Units, Director Compensation