Form 4: Ingredion Inc. Director Stephan B. Tanda Acquires Shares as Part of Annual Retainer

Director Stephan B. Tanda acquired 346 shares of Ingredion Inc. common stock at $115.36 per share as part of the annual retainer for outside directors.

Summary

• On June 28, 2024, Stephan B. Tanda, a director of Ingredion Inc., acquired 346 shares of common stock.
• The shares were acquired as part of the annual retainer for outside directors.
• The price per share was $115.36.
• Following the transaction, Tanda directly owns 2,159 shares of common stock and indirectly owns 6,346 shares through The Tanda Joint Living Trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director acquiring shares as part of their compensation is generally a good sign, indicating alignment with shareholder interests. The transaction itself is routine and expected.

Positives

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

Industry Context

Directors receiving shares as part of their annual retainer is a common practice in publicly traded companies to align their interests with those of the shareholders.

Comparison to Industry Standards

• Director compensation packages vary across industries and company sizes.
• Comparing Ingredion's director compensation structure with that of its peers, such as Archer Daniels Midland (ADM) or Bunge Limited (BG), would provide a benchmark for assessing its competitiveness.
• The number of shares granted as part of the annual retainer can be compared to industry averages to determine if it is in line with standard practices.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Key Dates