Form 4: Ingredion Inc. Executive Larry Fernandes Reports Stock Disposal for Tax Obligations

Larry Fernandes, SVP, Chief Comm & Sust Officer of Ingredion Inc., disposed of 422 shares of common stock on February 16, 2025, to cover tax obligations related to vesting restricted stock units.

Summary

• On February 16, 2025, Larry Fernandes, SVP, Chief Comm & Sust Officer of Ingredion Inc., disposed of 422 shares of common stock.
• The shares were disposed of to cover applicable taxes upon the vesting of 1,439 restricted stock units (RSUs) granted on February 16, 2022, and 126.228 RSUs acquired through deemed dividend reinvestment.
• The transaction was executed at a price of $126.8 per share.
• Following the transaction, Fernandes directly owns 32,970.5258 shares of Ingredion Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations related to executive compensation.

Key Dates

Keywords

Form 4, Ingredion Inc, Larry Fernandes, Stock Disposal, Restricted Stock Units, Tax Obligations, Beneficial Ownership