Form 4: Ingredion Executive Gains Phantom Stock

Ingredion's SVP of Global Operations and CSCO, David Eric Seip, acquired 8.983 phantom stock units, increasing his beneficial ownership to 9,091.4461 units.

Summary

• David Eric Seip, SVP, Global Operations and CSCO of Ingredion Inc (INGR), acquired 8.983 phantom stock units.
• The transaction occurred on September 15, 2025.
• Each phantom stock unit represents the right to receive one share of common stock.
• The phantom stock was allocated based on the closing price of Ingredion's common stock, which was $123.67 on September 15, 2025.
• Following this transaction, Seip beneficially owns a total of 9,091.4461 phantom stock units.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 6

Explanation: Slightly positive due to executive's increased alignment with shareholder interests through equity compensation, which is a routine and expected event.

Positives

• The acquisition of phantom stock aligns the executive's interests with those of shareholders, as the value of these units is tied to the company's common stock performance.
• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-planned and systematic approach to equity compensation or investment.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

This is a routine insider transaction filing and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The transaction represents a routine compensation event for an executive, aligning their interests with shareholder value through equity ownership.

Key Dates

Keywords

Ingredion, INGR, Phantom Stock, Insider Transaction, SEC Form 4, Executive Compensation, David Eric Seip, Rule 10b5-1