Form 4: Ingredion Inc. Director David B. Fischer Reports Stock Transactions
SEC Form 4 Filing
Director David B. Fischer of Ingredion Inc. reported the acquisition of restricted stock units and the disposal of common stock.
Summary
- David B. Fischer, a director at Ingredion Inc., reported acquiring 274.82 restricted stock units on December 12, 2024, at a price of $145.55 per unit.
- These restricted stock units were issued as part of the annual retainer for outside directors.
- The units are payable in stock no earlier than six months after resignation or retirement as a director and no later than ten years thereafter.
- Additionally, Mr. Fischer disposed of 17,324.3532 shares of common stock.
- The report also includes restricted stock units acquired through deemed dividend reinvestment.
Sentiment
Score: 5
Explanation: The document is a routine filing of stock transactions by a director, which is neither positive nor negative in itself. It is a neutral event.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It is a routine disclosure and does not indicate any specific trend in the industry.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States.
- The transactions reported are typical for directors receiving stock-based compensation and managing their holdings.
- The vesting conditions of the restricted stock units are common in director compensation packages.
Stakeholder Impact
- The transactions reported may have a minor impact on the stock price, but are not expected to be significant.
- The information is relevant to shareholders as it provides transparency into insider transactions.
Key Dates
| Date | Description |
|---|---|
| 12/12/2024 | Date of the reported stock transactions, including the acquisition of restricted stock units and disposal of common stock. |
| 12/13/2024 | Date of signature by Michael N. Levy, attorney-in-fact. |
Keywords
Ingredion Inc, Director, David B. Fischer, Restricted Stock Units, Stock Transaction, Form 4, Insider Trading, Equity Securities
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