INGR.NYSEIngredion INC

Form 4: Ingredion Inc. Director Catherine A. Suever Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Catherine A. Suever of Ingredion Inc. reported acquiring 274 shares of common stock and a decrease of 5,153.0178 shares due to deemed dividend reinvestment.

Summary

  • Catherine A. Suever, a director at Ingredion Inc., filed a Form 4 disclosing recent transactions in the company's stock.
  • On December 12, 2024, Ms. Suever acquired 274 shares of common stock at a price of $145.55 per share as part of her annual retainer.
  • The filing also indicates a decrease of 5,153.0178 shares due to deemed dividend reinvestment of restricted stock units (RSUs).
  • The RSUs acquired through deemed dividend reinvestment vest on the same dates as the original RSUs.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by a director, which is neither particularly positive nor negative.

Positives

  • The acquisition of shares by a director could be seen as a positive sign of confidence in the company.

Industry Context

This filing is a routine disclosure of stock transactions by a company director, which is common practice for publicly traded companies.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
  • The transactions reported are typical for director compensation and dividend reinvestment programs, similar to those seen at other companies like Archer Daniels Midland (ADM) and Bunge (BG).

Stakeholder Impact

  • The stock acquisition by a director may have a minor positive impact on shareholder confidence.

Key Dates

DateDescription
12/12/2024Date of the stock transaction where 274 shares were acquired and 5,153.0178 shares were decreased due to deemed dividend reinvestment.
12/13/2024Date the Form 4 was signed by Michael N. Levy, attorney-in-fact.

Keywords

Ingredion Inc, Director, Form 4, Stock Transaction, Common Stock, Restricted Stock Units, Dividend Reinvestment, Insider Trading

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