Form 4: Ingredion Executive Acquires Phantom Stock Units

Ingredion Inc.'s SVP, CIO & Head of Prot. Fort. Michael J. Leonard acquired 30.409 phantom stock units as part of a deferred compensation plan.

Summary

• Michael J. Leonard, SVP, CIO & Head of Prot. Fort. at Ingredion Inc. (INGR), acquired 30.409 phantom stock units.
• The transaction occurred on March 13, 2026, under the company's Non-Qualified Deferred Compensation Plan.
• Each phantom stock unit represents the right to receive one share of common stock.
• The phantom stock units were valued at $112.33 per unit, based on the closing price of Ingredion's Common Stock on the transaction date.
• Following this acquisition, Michael J. Leonard beneficially owns a total of 1,378.381 phantom stock units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation plans and not indicative of significant positive or negative company performance or strategic shifts.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider filings like Form 4 for deferred compensation plans are common across industries and typically do not signal significant shifts in company strategy or performance. These transactions are part of standard executive compensation structures.

Key Dates

Keywords

Ingredion, INGR, Form 4, insider transaction, phantom stock, deferred compensation, executive compensation