Form 4: Ingredion Executive Reports Phantom Stock Acquisition

David Eric Seip, SVP of Global Ops and CSCO at Ingredion, acquired 15.496 units of phantom stock.

Summary

• David Eric Seip, SVP of Global Ops and CSCO, acquired 15.496 shares of phantom stock on April 15, 2026.
• The transaction was executed at a price of $112.71 per share.
• The acquisition was made under the company's Non-Qualified Deferred Compensation Plan.
• Following this transaction, the reporting person holds a total of 13,056.1281 shares of phantom stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding executive compensation.

Positives

• Internal alignment of executive compensation with company stock performance through the deferred compensation plan.

Negatives

• None identified.

Risks

• Value of phantom stock is directly tied to the market performance of Ingredion common stock.

Future Outlook

Not applicable as this is a routine disclosure of executive compensation activity.

Industry Context

StockSavvy.ai notes that routine acquisitions of phantom stock by executives via deferred compensation plans are standard corporate governance practices and generally do not signal a change in strategic direction or market outlook.

Comparison to Industry Standards

• The transaction aligns with standard executive compensation practices for large-cap companies in the food ingredients sector.

Stakeholder Impact

• No material impact on shareholders or other stakeholders.

Next Steps

• None.

Key Dates

Keywords

Ingredion, INGR, Form 4, Insider Trading, Phantom Stock, Executive Compensation