Form 4: Ingredion Executive Receives Phantom Stock Allocation Under SERP

Ingredion Inc. SVP, Global Operations and CSCO, David Eric Seip, was allocated 8.035 phantom stock units as part of the company's Supplemental Executive Retirement Plan.

Summary

• David Eric Seip, SVP, Global Operations and CSCO of Ingredion Inc. (INGR), was allocated 8.035 phantom stock units.
• The allocation occurred on June 13, 2025, and is part of the company's Supplemental Executive Retirement Plan (SERP).
• Each phantom stock unit represents the right to receive one share of Ingredion's common stock.
• The value of the phantom stock was based on the closing price of Ingredion's common stock on June 13, 2025, which was $138.26 per share.
• Following this transaction, Mr. Seip beneficially owns a total of 8,986.4841 phantom stock units.

Sentiment

Score: 5

Explanation: The document reports a routine executive compensation event (phantom stock allocation) which is neutral in sentiment, reflecting standard corporate governance and compensation practices.

Positives

• The allocation of phantom stock units to a senior executive indicates continued participation in the company's long-term incentive and retirement plans, aligning executive interests with shareholder value.

Future Outlook

The document does not contain explicit forward-looking statements or guidance beyond the transaction date.

Industry Context

This Form 4 filing is a routine disclosure of executive compensation in the form of phantom stock, common practice across various industries for aligning executive incentives with long-term company performance. It does not provide broader industry trends or competitive insights.

Related Party Transactions

• The allocation of phantom stock to a senior executive (David Eric Seip) under the company's Supplemental Executive Retirement Plan (SERP) is a form of related party transaction, specifically executive compensation.

Stakeholder Impact

• Shareholders: The allocation of phantom stock aligns executive interests with shareholder value, as the value of the phantom stock is tied to the company's common stock performance.
• Employees: This specific filing does not directly impact the broader employee base, but it reflects the company's executive compensation structure.

Key Dates

Keywords

Ingredion Inc., INGR, SEC Form 4, Phantom Stock, Executive Compensation, Supplemental Executive Retirement Plan, SERP, Insider Transaction, David Eric Seip