INGR.NYSEIngredion INC

Form 4: Ingredion Inc. Director Transfers Shares to Joint Living Trust

Sentiment:

SEC Form 4


Director Stephan B. Tanda transferred 2,454 shares of Ingredion Inc. common stock to The Tanda Joint Living Trust on October 28, 2024.

Summary

  • On October 28, 2024, Stephan B. Tanda, a director of Ingredion Inc., transferred 2,454 shares of common stock to The Tanda Joint Living Trust.
  • The reporting person directly owned the shares before the transaction.
  • Following the transaction, the reporting person indirectly owns 8,800 shares through The Tanda Joint Living Trust.
  • The trustees of the trust are the insider and his spouse, and immediate family members are the beneficiaries.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a transfer of shares to a trust, which is neither inherently positive nor negative.

Industry Context

This is a routine Form 4 filing related to a change in beneficial ownership by a company insider. It doesn't necessarily reflect a change in the insider's overall investment in the company, but rather a change in the way those shares are held.

Stakeholder Impact

  • The transfer of shares to a trust may have implications for estate planning and wealth management for the reporting person.
  • The transaction itself is unlikely to have a direct impact on other stakeholders.

Key Dates

DateDescription
7/21/16Date of the Tanda Joint Living Trust agreement (u/a/d)
10/28/2024Date of the share transfer transaction

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