INGR.NYSEIngredion INC

Form 4: Ingredion Inc. CEO James P. Zallie Reports Sale of Common Stock

Sentiment:

SEC Form 4 Filing

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James P. Zallie, President and CEO of Ingredion Inc., reported the sale of 54,581 shares of common stock at a weighted average price of $117.244 on March 4, 2024.

Summary

  • On March 4, 2024, James P. Zallie, the President and CEO of Ingredion Inc., sold 54,581 shares of Ingredion Inc. common stock.
  • The sale was executed at a weighted average price of $117.244 per share.
  • The price range for the shares sold was between $117.12 and $117.28.
  • Following the transaction, Zallie directly owns 99,245.6516 shares of Ingredion Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale itself doesn't necessarily indicate a negative outlook for the company, as executives may sell shares for various personal financial planning reasons.

Stakeholder Impact

  • The sale of shares by a high-ranking executive could potentially cause concern among shareholders, although it is a common practice and doesn't necessarily reflect negatively on the company.

Key Dates

DateDescription
03/04/2024Date of transaction: James P. Zallie sold shares of Ingredion Inc. common stock.
03/05/2024Date of signature: Michael N. Levy, attorney-in-fact, signed the Form 4 on behalf of James P. Zallie.

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