Form 4: Ingredion Director Jorge Uribe Acquires Shares as Part of Annual Retainer

Ingredion Inc. Director Jorge A. Uribe acquired 290.951 shares of common stock as part of his annual retainer, while also disposing of shares for tax obligations and fractional share settlement.

Summary

• Jorge A. Uribe, a Director of Ingredion Inc. (INGR), reported transactions involving the company's common stock.
• On June 30, 2025, Mr. Uribe acquired 290.951 shares of common stock at a price of $137.48 per share. These shares were issued as part of the company's annual retainer for its outside directors.
• Concurrently, 38.79 shares were disposed of at $137.48 per share to cover applicable taxes.
• An additional 0.161 fractional shares were disposed of at $137.48 per share, settled in cash.
• Following these transactions, Mr. Uribe's direct beneficial ownership stands at 12,920.2595 shares of common stock.
• The reported beneficial ownership includes restricted stock units (RSUs) acquired through deemed dividend reinvestment, which vest concurrently with the underlying RSUs.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even as part of a retainer, generally indicates alignment of interests with shareholders. The dispositions are routine for tax purposes and fractional shares, not signaling negative sentiment.

Positives

• The acquisition of 290.951 shares by a director, even as part of an annual retainer, aligns the director's interests with those of shareholders, demonstrating continued commitment to the company.

Negatives

• The disposition of 38.79 shares for tax withholding and 0.161 fractional shares settled in cash are routine administrative transactions and do not indicate a negative outlook.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This filing is a routine disclosure of an insider transaction, specifically a director's compensation in the form of equity. It does not provide broader industry context or trends, focusing solely on the individual's shareholdings.

Related Party Transactions

• The acquisition of 290.951 shares of common stock by Director Jorge A. Uribe as part of his annual retainer constitutes a related party transaction, as it involves compensation provided by the company to a member of its board.

Stakeholder Impact

• Shareholders: The acquisition of shares by a director can be viewed positively as it aligns the director's financial interests with those of the shareholders, potentially fostering better long-term decision-making.

Key Dates

Keywords

Ingredion Inc., INGR, Jorge A. Uribe, Director, SEC Form 4, Insider Transaction, Share Acquisition, Common Stock, Annual Retainer, Shareholding, Corporate Governance