INGR.NYSEIngredion INC

Form 4: Ingredion Inc. Director Dwayne Andree Wilson Acquires Shares and Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Director Dwayne Andree Wilson acquired shares and restricted stock units in Ingredion Inc. on March 29, 2024.

Summary

  • On March 29, 2024, Dwayne Andree Wilson, a director of Ingredion Inc., acquired 342.4364 shares of common stock at a price of $116.81 per share.
  • These shares were acquired as restricted stock units (RSUs) issued as part of the annual retainer for outside directors.
  • The RSUs are payable in stock no earlier than six months after resignation or retirement as a director and no later than ten years thereafter.
  • Wilson also holds 24,605.4541 shares, which includes RSUs acquired through deemed dividend reinvestment.
  • These RSUs acquired through deemed dividend reinvestment vest on the dates when the RSUs with respect to which they are deemed dividends vest.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally a positive sign, but the filing itself is a routine disclosure.

Positives

  • The acquisition of shares by a director signals confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the acquisition of shares by a director can be interpreted as a positive signal regarding the company's prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company insiders, such as directors, and their confidence in the company's stock.

Stakeholder Impact

  • The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
03/29/2024Date of transaction: Acquisition of common stock and restricted stock units.
04/02/2024Date of signature by attorney-in-fact.

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