Form 4: Ingredion Inc. Executive Acquires Phantom Stock Under SERP

David Eric Seip, SVP at Ingredion Inc., reports acquisition of phantom stock units under the company's SERP plan.

Summary

• On April 30, 2025, David Eric Seip, SVP of Global Operations and CSCO at Ingredion Inc., acquired 8.364 shares of phantom stock.
• The acquisition was made under the company's Supplemental Executive Retirement Plan (SERP).
• The price of the phantom stock was $132.82 per share.
• Following the transaction, Seip directly owns 8,962.4641 shares of phantom stock, including shares acquired through dividend reinvestment.

Sentiment

Score: 6

Explanation: The document is a neutral regulatory filing. The acquisition of phantom stock could be seen as a slightly positive sign, but it's primarily an informational disclosure.

Positives

• The acquisition of phantom stock by a high-ranking executive could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and is common in publicly traded companies. It provides transparency into the holdings of company insiders.

Comparison to Industry Standards

• Executive compensation packages often include phantom stock or similar equity-based awards to align management's interests with those of shareholders.
• The specifics of Ingredion's SERP and the terms of the phantom stock awards would need to be compared to those of peer companies to assess their competitiveness and appropriateness.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive interests with company performance.

Key Dates

Keywords

phantom stock, SERP, Ingredion Inc, Form 4, executive compensation, David Eric Seip