Form 4: Ingredion Inc Director Patricia Verduin Acquires Shares as Part of Annual Retainer

Director Patricia Verduin acquired 342 shares of Ingredion Inc common stock at $116.81 per share as part of her annual retainer.

Summary

• On March 29, 2024, Patricia Verduin, a director of Ingredion Inc, acquired 342 shares of common stock.
• The shares were acquired as part of the annual retainer for outside directors.
• The price per share was $116.81.
• Following the transaction, Ms. Verduin directly owns 1,245 shares of Ingredion Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction (director share acquisition) which is generally viewed as a sign of confidence, but it's not a major event.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

Director share acquisitions are common and often viewed positively, reflecting alignment between management and shareholder interests. This is a routine transaction related to director compensation.

Comparison to Industry Standards

• Director compensation packages often include stock grants or options to align their interests with shareholders.
• The size of the grant is typical for director compensation at companies of Ingredion's size and market capitalization.
• Comparing Ingredion's director compensation structure with peers like Archer Daniels Midland (ADM) or Bunge (BG) would provide further context.

Key Dates