Form 4: Ingredion Inc. Executive O'Riordan Reports Stock Transactions
SEC Form 4 Filing
Michael O'Riordan, SVP at Ingredion Inc., reports the disposal of shares to cover tax obligations and settlement of residual shares.
Summary
- On March 16, 2024, Michael O'Riordan, a Senior Vice President at Ingredion Inc., disposed of 19 shares of common stock to cover applicable taxes upon the vesting of 40 restricted stock units granted on March 16, 2021, at a price of $114.75 per share.
- Additionally, 0.3408 residual shares were settled in stock at a price of $114.75 per share on the same date.
- Following these transactions, O'Riordan beneficially owns 7,149.0245 shares of Ingredion Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they involve a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 03/16/2021 | Grant date of 40 restricted stock units. |
| 03/16/2024 | Date of stock disposal for tax obligations and settlement of residual shares. |
| 03/18/2024 | Date of signature for the Form 4 filing. |
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