Form 4: Ingredion Executive David Seip Reports Phantom Stock Allocation

Ingredion Inc.'s SVP of Global Operations and CSCO, David Eric Seip, reported the allocation of 7.985 phantom stock units valued at $139.12 per unit, bringing his total beneficial ownership to 8,978.4481 units.

Summary

• David Eric Seip, SVP, Global Operations and CSCO of Ingredion Inc. (INGR), reported an acquisition of phantom stock units.
• On May 30, 2025, Mr. Seip was allocated 7.985 phantom stock units.
• Each phantom stock unit represents the right to receive one share of common stock.
• The allocation was based on the closing price of Ingredion's Common Stock on May 30, 2025, which was $139.12 per share.
• Following this transaction, Mr. Seip beneficially owns a total of 8,978.4481 phantom stock units directly.
• The allocation is part of the company's SERP (Supplemental Executive Retirement Plan) and is a routine compensation event.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. This is a routine executive compensation event that aligns management's interests with shareholders, without indicating any significant operational or financial changes.

Positives

• The allocation of phantom stock units aligns the executive's financial interests with those of the shareholders, as the value of these units is tied to the company's stock performance.
• This is a standard component of executive compensation, indicating continuity in the company's incentive structure.

Future Outlook

N/A

Industry Context

This Form 4 filing is specific to an individual executive's compensation at Ingredion Inc. and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The allocation of phantom stock units to an executive helps align the executive's long-term interests with those of the shareholders, potentially fostering decisions that enhance shareholder value.

Key Dates

Recommendation

Keywords

Ingredion Inc, INGR, SEC Form 4, Insider Transaction, Phantom Stock, Executive Compensation, David Eric Seip, Stock Allocation, Corporate Governance