Form 4: Ingredion Inc. CEO James P. Zallie Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Ingredion Inc. CEO James P. Zallie sold 10,815 shares of common stock at an average price of $125.876 per share on February 19, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On February 19, 2025, James P. Zallie, the President and CEO of Ingredion Inc., sold 10,815 shares of Ingredion's common stock.
- The sale was executed at an average price of $125.876 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on November 6, 2024.
- Following the transaction, Zallie directly owns 34,126.5701 shares of Ingredion common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine sale under a pre-arranged trading plan and doesn't necessarily indicate a positive or negative outlook on the company.
Industry Context
Sales by executives are a normal part of corporate governance. It is important to note that the sale was executed under a 10b5-1 trading plan, which is a common practice that allows corporate insiders to sell company stock over a predetermined period of time. This helps to avoid any concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date the reporting person adopted a Rule 10b5-1 trading plan |
| 02/19/2025 | Date of the transaction (stock sale) |
| 02/20/2025 | Date of the Form 4 filing |
Keywords
Ingredion, James P. Zallie, stock sale, Form 4, Rule 10b5-1, insider trading, securities, INGR
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