Form 4: Ingredion EVP Ritchie's Equity Award Vesting

Ingredion Inc. EVP Robert A. Ritchie reported the vesting of a performance share award, resulting in an increase in his beneficial ownership of common stock and phantom stock units.

Summary

• Robert A. Ritchie, Executive Vice President, Food & Industrial Ingred. at Ingredion Inc. (INGR), reported transactions related to his beneficial ownership.
• On February 9, 2026, 1,203 shares of common stock were acquired upon the vesting of a performance share award granted on February 15, 2023.
• The vesting of this performance share award was based on criteria in addition to the increase in the market price of Ingredion Incorporated's common stock.
• Following this acquisition, beneficial ownership of common stock increased to 21,271.5858 shares.
• Concurrently, 440 shares of common stock were disposed of on February 9, 2026, at a price of $119.29 per share, to cover applicable taxes related to the vesting.
• After the tax-related disposition, beneficial ownership of common stock was 20,831.5858 shares.
• Additionally, 1,203 phantom stock units were acquired on February 9, 2026, under the Non-Qualified Deferred Compensation Plan, also upon the vesting of the same performance share award.
• Each phantom stock unit represents the right to receive one share of common stock, bringing the total phantom stock units beneficially owned to 1,203.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event for the executive, reflecting the successful vesting of a performance award, which is a standard component of executive compensation, despite the necessary tax-related share disposition.

Positives

• The vesting of 1,203 performance share awards indicates the achievement of pre-defined performance criteria by the executive.
• The executive's beneficial ownership of common stock increased by a net of 763 shares (1,203 acquired 440 disposed for tax) and 1,203 phantom stock units, aligning executive interests with shareholders.

Negatives

• 440 shares of common stock were disposed of to cover tax obligations, representing a reduction in direct equity holdings.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that this Form 4 filing is a routine disclosure of an executive's equity compensation event, common across publicly traded companies in various industries, and does not provide broader industry-specific insights.

Stakeholder Impact

• Shareholders may view the vesting of performance awards as a positive sign of executive performance and alignment with shareholder interests.
• The disposition of shares for tax purposes is a standard practice and has a negligible impact on overall share float or market dynamics.

Key Dates

Recommendation

This Form 4 reports a routine vesting of a performance share award and subsequent tax withholding, which is a standard compensation event and does not provide new fundamental information to alter an investment thesis. The transaction is expected and does not indicate a change in company outlook or performance.

Keywords

Ingredion, INGR, Form 4, Insider Transaction, Executive Compensation, Stock Vesting, Performance Shares, Phantom Stock