Form 4: Ingredion Inc. Director Rhonda L. Jordan Reports Acquisition of Common Stock

Director Rhonda L. Jordan reported the acquisition of Ingredion Inc. common stock through restricted stock units as part of her annual retainer.

Summary

• On March 29, 2024, Rhonda L. Jordan, a director of Ingredion Inc., acquired 342.4364 shares of common stock at a price of $116.81 per share.
• These shares were obtained through 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.
• Jordan's total holdings following the transaction amount to 23,067.4445 shares, including RSUs acquired through deemed dividend reinvestment.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction by a company director. The acquisition of shares can be seen as a slightly positive sign, but it's not a major event.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

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

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's acquisition of company stock, which is a common occurrence.

Stakeholder Impact

• The acquisition of shares by a director could have a minor positive impact on shareholder sentiment.

Key Dates