Form 4: Ingredion Inc. Director Acquires Shares as Part of Annual Retainer
SEC Form 4 Filing
Patricia Verduin, a director at Ingredion Inc., acquired 274 shares of common stock as part of her annual retainer.
Summary
- Patricia Verduin, a director of Ingredion Inc., acquired 274 shares of the company's common stock on December 12, 2024.
- The shares were acquired at a price of $145.55 per share.
- This transaction was part of the annual retainer for outside directors.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to slightly positive as it aligns director interests with shareholders.
Positives
- The acquisition of shares by a director demonstrates alignment of interests with shareholders.
- The transaction is part of a regular compensation plan for outside directors.
Industry Context
This type of transaction is common for publicly traded companies, where directors often receive stock as part of their compensation.
Comparison to Industry Standards
- Many publicly traded companies use stock grants as part of director compensation packages.
- The practice of granting shares as part of an annual retainer is a standard practice in corporate governance.
- Companies like Archer Daniels Midland (ADM) and Bunge Limited (BG) also use similar compensation methods for their directors.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 12/12/2024 | Date of the share acquisition by Patricia Verduin. |
| 12/13/2024 | Date of signature of the SEC Form 4 filing. |
Keywords
Ingredion Inc, Director, Share Acquisition, Annual Retainer, Common Stock, SEC Form 4, Patricia Verduin
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