Form 4: Ingredion Inc. Executive Acquires Phantom Stock Units
SEC Form 4 Filing
David Eric Seip, SVP at Ingredion Inc., acquired phantom stock units representing the right to receive common stock, according to a recent SEC filing.
Summary
- David Eric Seip, SVP, Global Ops and CSCO of Ingredion Inc., reported a transaction involving phantom stock.
- On March 7, 2025, Seip acquired 146.402 phantom stock units.
- These units represent the right to receive one share of Ingredion's common stock each.
- Following the transaction, Seip beneficially owns 8,874.4971 phantom stock units directly.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting a standard transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and holdings, common in publicly traded companies. It provides transparency into the equity-based compensation of Ingredion's executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily reflects internal compensation arrangements.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of transaction: acquisition of phantom stock units |
| 03/11/2025 | Date of signature on the Form 4 filing |
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