Form 4: Ingredion Executive Sells Shares for Tax Obligations

Ingredion's SVP, Chief Communications & Sustainability Officer, Larry Fernandes, disposed of 416 shares of common stock to cover tax liabilities related to RSU vesting.

Summary

• Larry Fernandes, SVP, Chief Communications & Sustainability Officer at Ingredion Inc (INGR), reported a disposition of common stock.
• On February 17, 2026, Fernandes disposed of 416 shares of Ingredion common stock at a price of $118.31 per share.
• The disposition was a 'F' transaction code, indicating shares were withheld to pay applicable taxes.
• These shares were withheld upon the vesting of 1,423 restricted stock units (RSUs) granted on February 15, 2023, and an additional 118.463 RSUs acquired through deemed dividend reinvestment.
• Following this transaction, Fernandes beneficially owns 31,639.112 shares of Ingredion common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine disposition of shares for tax purposes related to RSU vesting, which is a common and non-material event in executive compensation.

Future Outlook

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

Industry Context

StockSavvy.ai notes that this Form 4 filing details a routine insider transaction, specifically the disposition of shares by an executive to cover tax obligations upon the vesting of restricted stock units. This is a common and expected practice within executive compensation structures across various industries and does not typically signal a change in company fundamentals or management's outlook.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in the executive's confidence in the company or its future prospects.
• Employees: No direct impact.

Key Dates

Recommendation

The transaction is a routine disposition of shares to cover tax liabilities upon RSU vesting, which is a common practice and does not indicate a change in management's outlook or company fundamentals. Therefore, a 'hold' recommendation is appropriate as this event provides no new material information to alter an investment thesis.

Keywords

Ingredion, INGR, Form 4, Insider Transaction, Stock Sale, RSU Vesting, Executive Compensation, Tax Withholding