Form 4: Ingredion Inc. CEO James P. Zallie Transfers Shares to Revocable Trust
SEC Form 4 Filing
CEO James P. Zallie transferred shares of Ingredion Inc. common stock to The James P Zallie 2011 Revocable Trust in multiple transactions.
Summary
- James P. Zallie, President and CEO of Ingredion Inc., reported changes in beneficial ownership of the company's common stock.
- On December 23, 2022, Mr. Zallie transferred 16,953 shares of common stock to The James P Zallie 2011 Revocable Trust.
- On December 28, 2022, he transferred an additional 30,437 shares to the same trust.
- A further transfer of 26,140 shares to the trust occurred on July 7, 2023.
- Following these transactions, Mr. Zallie directly owns 73,530 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transfers, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a strategic shift for Ingredion within its industry.
Stakeholder Impact
- The transfer of shares to a revocable trust may have implications for estate planning but does not directly impact stakeholders.
Key Dates
| Date | Description |
|---|---|
| 12/23/2022 | Transfer of 16,953 shares to The James P Zallie 2011 Revocable Trust |
| 12/28/2022 | Transfer of 30,437 shares to The James P Zallie 2011 Revocable Trust |
| 07/07/2023 | Transfer of 26,140 shares to The James P Zallie 2011 Revocable Trust |
| 03/07/2024 | Date of signature by attorney-in-fact |
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