Form 4: Ingredion Inc. Director Rhonda L. Jordan Reports Changes in Beneficial Ownership

Director Rhonda L. Jordan reports acquisition and disposal of Ingredion Inc. common stock and restricted stock units.

Summary

• On June 28, 2024, Rhonda L. Jordan, a director of Ingredion Inc., reported changes in beneficial ownership.
• She acquired 346.7406 shares of common stock at a price of $115.36.
• These shares were issued as restricted stock units as part of the annual retainer for outside directors.
• She also disposed of an unspecified amount of common stock.
• Following the reported transactions, Jordan beneficially owns 23,571.5594 shares, including restricted stock units acquired through deemed dividend reinvestment.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document is a standard regulatory filing reporting stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of restricted stock units by a director aligns their interests with the long-term performance of the company.

Future Outlook

The restricted stock units are payable in stock no earlier than six months after resignation or retirement as a director and no later than ten years thereafter.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates the transactions of a director at Ingredion Inc.

Stakeholder Impact

• Shareholders are informed about the stock transactions of a company director, providing transparency into insider activity.

Key Dates