INGR.NYSEIngredion INC

Form 4: Ingredion Inc. CEO James P. Zallie Reports Stock Transaction

Sentiment:

SEC Form 4 Filing

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CEO James P. Zallie of Ingredion Inc. reports a transaction involving the withholding of shares to cover taxes upon the vesting of restricted stock units.

Summary

  • On February 16, 2025, James P. Zallie, the President and CEO of Ingredion Inc., had 7,816 shares of common stock withheld to cover applicable taxes.
  • This was due to the vesting of 17,129 restricted stock units (RSUs) granted on February 16, 2022, and 1,502.530 RSUs acquired through deemed dividend reinvestment.
  • The price per share for the transaction was $126.8.
  • Following the transaction, Zallie directly owns 44,941.5701 shares of Ingredion Inc. common stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing a standard stock transaction related to executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.

Stakeholder Impact

  • The transaction has a minor impact on the total number of outstanding shares.

Key Dates

DateDescription
02/16/2022Date of grant for 17,129 restricted stock units (RSUs).
02/16/2025Date of transaction: withholding of 7,816 shares for tax purposes related to RSU vesting.
02/19/2025Date of signature for the Form 4 filing.

Keywords

Ingredion Inc, James P. Zallie, stock transaction, Form 4, restricted stock units, RSUs, tax withholding, beneficial ownership

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