Form 4: Ingredion Inc. Director Transfers Shares to Trust
SEC Form 4 Filing
Director Jorge A. Uribe transferred 239 shares of Ingredion Inc. common stock to the Cafedan Investments Ltd Trust on October 10, 2024.
Summary
- On October 10, 2024, Jorge A. Uribe, a director of Ingredion Inc., transferred 239 shares of common stock to the Cafedan Investments Ltd Trust.
- Following the transaction, Uribe directly owns 12,441.6288 shares of Ingredion common stock.
- Uribe also indirectly owns 4,924 shares through the Cafedan Investments Ltd Trust, where he serves as trustee and his children are the beneficiaries.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a share transfer. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This is a routine disclosure of insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transfer of shares to a trust may have implications for estate planning and wealth management for the reporting person, but it is unlikely to have a significant impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 10/10/2024 | Date of the share transfer transaction. |
| 10/21/2024 | Date of signature by attorney-in-fact. |
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