Form 4: Ingredion Inc. Executive Nancy Wolfe Reports Stock Transaction
SEC Form 4 Filing
Nancy Wolfe, SVP and Chief HR Officer of Ingredion Inc., reports the withholding of shares to cover taxes upon vesting of restricted stock units.
Summary
- On January 24, 2025, Nancy Wolfe, SVP and Chief HR Officer of Ingredion Inc., had 908 shares of common stock withheld to cover applicable taxes.
- This was due to the vesting of 2,637 restricted stock units (RSUs) granted on January 24, 2022, and 231.314 RSUs acquired through deemed dividend reinvestment.
- The price per share for the transaction was $135.76.
- Following the transaction, Wolfe beneficially owns 7,255.4031 shares of Ingredion Inc. common stock, including RSUs acquired through deemed dividend reinvestment.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to executive compensation. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Comparison to Industry Standards
- Executive compensation packages often include restricted stock units (RSUs) that vest over time.
- Withholding shares to cover taxes upon vesting is a common practice.
- The specific number of shares and vesting schedules vary widely based on company size, industry, and individual performance.
Key Dates
| Date | Description |
|---|---|
| 01/24/2022 | Date of grant for 2,637 restricted stock units (RSUs). |
| 01/24/2025 | Date of transaction: shares withheld for taxes upon RSU vesting. |
| 01/28/2025 | Date of signature for the Form 4 filing. |
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