Form 4: Ingredion Inc. Executive Davida Marie Gable Reports Stock Transactions
SEC Form 4 Filing
Davida Marie Gable, VP, Controller & Global SS at Ingredion Inc., reports exercising stock options and selling shares on March 1, 2024.
Summary
- On March 1, 2024, Davida Marie Gable, VP, Controller & Global SS of Ingredion Inc., exercised employee stock options to acquire 1,163 shares at $88.66 and 805 shares at $98.69.
- Following the exercise of these options, Ms. Gable sold 1,968 shares at a weighted average price of $117.3766, with prices ranging from $117.36 to $117.39.
- After these transactions, Ms. Gable directly owns 1,722.5951 shares of Ingredion Inc. common stock, 1,164 employee stock options with an exercise price of $88.66, and 1,611 employee stock options with an exercise price of $98.69.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/16/2023 | First vesting date for 1/3 of the employee stock options with exercise price of $88.66. |
| 02/15/2024 | First vesting date for 1/3 of the employee stock options with exercise price of $98.69. |
| 02/16/2024 | Second vesting date for 1/3 of the employee stock options with exercise price of $88.66. |
| 03/01/2024 | Date of stock option exercise and sale of shares. |
| 03/04/2024 | Date of Form 4 filing. |
| 02/15/2025 | Second vesting date for 1/3 of the employee stock options with exercise price of $98.69. |
| 02/16/2025 | Third vesting date for 1/3 of the employee stock options with exercise price of $88.66. |
| 02/15/2026 | Third vesting date for 1/3 of the employee stock options with exercise price of $98.69. |
| 02/16/2032 | Expiration date for employee stock options with exercise price of $88.66. |
| 02/15/2033 | Expiration date for employee stock options with exercise price of $98.69. |
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