Form 4: Ingredion Inc. Director David B. Fischer Reports Changes in Beneficial Ownership

Director David B. Fischer reports acquisition and disposal of Ingredion Inc. stock and restricted stock units.

Summary

• On March 29, 2024, David B. Fischer, a director of Ingredion Inc., reported changes in beneficial ownership of the company's stock.
• Fischer acquired 342.4364 shares of common stock at a price of $116.81 per share.
• Fischer also disposed of some shares.
• Following the reported transactions, Fischer beneficially owns 16,125.9631 shares of Ingredion Inc. common stock.
• The reported transactions include the acquisition of restricted stock units (RSUs) as part of the annual retainer for outside directors, payable in stock after resignation or retirement.
• The transactions also include RSUs acquired through deemed dividend reinvestment, which vest on the same dates as the RSUs to which they relate.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions by a company insider.

Positives

• The acquisition of shares by a director could be seen as a positive signal about the company's prospects.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure related to insider trading and is a standard practice for publicly traded companies. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are a standard requirement for directors and officers of publicly traded companies in the United States.
• Similar filings are required for insiders at companies like Archer Daniels Midland (ADM) and Bunge (BG), which operate in the same industry as Ingredion.

Stakeholder Impact

• The transactions reported may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates