Form 4: Ingredion Inc. Executive O'Riordan Reports Stock Transactions

Michael O'Riordan, SVP at Ingredion Inc., reports acquisition and disposal of common stock related to vesting of performance share awards and tax obligations.

Summary

• On February 11, 2025, Michael O'Riordan, a Senior Vice President at Ingredion Inc., reported transactions involving the company's common stock.
• O'Riordan acquired 1,864 shares of common stock upon the vesting of a performance share award granted on February 16, 2022.
• The vesting of this award was based on criteria beyond just the increase in Ingredion's stock price.
• Concurrently, 877 shares were withheld to cover applicable taxes related to the vesting of the performance share award at a price of $128.66.
• Following these transactions, O'Riordan beneficially owns 8,197.3915 shares of Ingredion Inc. common stock, which includes restricted stock units (RSUs) acquired through deemed dividend reinvestment.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects standard executive compensation practices. The vesting of shares is a positive sign, but the tax withholding is a normal occurrence.

Positives

• The vesting of performance share awards suggests that performance metrics were met, which is a positive indicator.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates

Keywords

Ingredion, Form 4, Stock, O'Riordan, Beneficial Ownership, Performance Share Award, RSUs, Transactions