Form 4: Ingredion Inc. Executive O'Riordan Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Michael O'Riordan, SVP at Ingredion Inc., disposed of 239 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On February 16, 2025, Michael O'Riordan, a Senior Vice President at Ingredion Inc., disposed of 239 shares of common stock.
- The transaction was executed to cover applicable taxes upon the vesting of restricted stock units (RSUs) granted on February 16, 2022, and additional RSUs acquired through deemed dividend reinvestment.
- The price per share for the disposal was $126.8.
- Following the transaction, O'Riordan directly owns 7,958.3915 shares of Ingredion Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock disposal for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/16/2022 | Date of grant for 466 restricted stock units (RSUs) that triggered the tax obligation. |
| 02/16/2025 | Date of the transaction (stock disposal) to cover tax obligations. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
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