Form 4: Ingredion EVP Sells Shares for Tax Obligations

Ingredion EVP Robert A. Ritchie disposed of 78 shares of common stock to cover tax obligations related to a restricted stock unit grant.

Summary

• Robert A. Ritchie, Executive Vice President of Food & Industrial Ingredients at Ingredion Inc. (INGR), reported a disposition of common stock.
• The transaction involved 78 shares of common stock, occurring on October 10, 2025.
• The shares were disposed of at a price of $119.73 per share.
• This disposition was for the purpose of withholding shares to pay applicable taxes.
• The taxes arose in connection with a Restricted Stock Unit (RSU) grant dated February 26, 2025.
• The RSU grant was associated with Ritchie attaining retirement eligibility under the 2023 Ingredion Stock Incentive Plan.
• The reported amount includes RSUs acquired through deemed dividend reinvestment.
• Following this transaction, Ritchie beneficially owns 19,957.7798 shares of Ingredion common stock.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine tax-related transaction and not indicative of positive or negative sentiment towards the company's performance or outlook.

Future Outlook

No forward-looking statements or guidance are provided in this routine insider transaction report.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in the executive's investment thesis or company fundamentals.

Key Dates

Recommendation

This Form 4 filing reports a routine, non-discretionary sale of shares by an executive to cover tax obligations related to a restricted stock unit vesting. Such transactions are common and do not typically reflect a change in management's outlook on the company's prospects or fundamental value. Therefore, it provides no new information to warrant a change in investment recommendation.

Keywords

Ingredion, INGR, Form 4, insider transaction, stock sale, executive compensation, RSU, Robert A. Ritchie