Form 4: Ingredion Inc. Director Reports Phantom Stock Allocation
Statement of Changes in Beneficial Ownership
Ingredion Inc. Director Charles V. Magro reports an allocation of 265 phantom stock units under the company's deferred compensation plan.
Summary
- Charles V. Magro, a Director at Ingredion Inc., has reported the allocation of 265 phantom stock units.
- These units were allocated under the Non-Qualified Deferred Compensation Plan, representing a deferral of a cash retainer.
- Each phantom stock unit is equivalent to one share of Ingredion Inc. common stock.
- The allocation is based on the closing price of Ingredion Inc. common stock on June 30, 2026, which was $94.71 per share.
- Following this transaction, Mr. Magro beneficially owns 500 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it is a routine disclosure of executive compensation and does not indicate significant changes in the company's financial health or strategic direction.
Positives
- Director compensation structure includes deferred compensation plans, indicating a commitment to long-term incentives.
- The allocation is based on a specific date's closing price, providing a clear valuation basis.
Future Outlook
The filing does not contain specific forward-looking statements or guidance regarding future financial performance. It primarily reports a past transaction related to executive compensation.
Industry Context
StockSavvy.ai notes that the use of phantom stock and deferred compensation plans is a common practice in the food and beverage industry, including companies like Ingredion Inc., to align executive interests with shareholder value and retain key talent.
Stakeholder Impact
- Shareholders: The allocation of phantom stock is part of executive compensation, intended to align management's interests with long-term shareholder value. The specific value is tied to the company's stock performance.
Key Dates
| Date | Description |
|---|---|
| 06/30/2026 | Earliest transaction date and date of phantom stock allocation based on closing price. |
| 07/01/2026 | Date of report filing. |
Keywords
Ingredion Inc., Form 4, SEC Filing, Director, Phantom Stock, Deferred Compensation, Stock Options, Executive Compensation, INGR
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