Form 4: Ingredion Inc. Executive Reports Acquisition of Phantom Stock

David Eric Seip, SVP at Ingredion Inc., reports acquiring phantom stock units under the company's SERP plan.

Summary

• David Eric Seip, a Senior Vice President at Ingredion Inc., filed a Form 4 to report a transaction.
• The transaction involved the acquisition of 4.732 units of phantom stock on February 14, 2025, under the company's Supplemental Executive Retirement Plan (SERP).
• Each phantom stock unit represents the right to receive one share of Ingredion's common stock.
• The price of the phantom stock is $126.8 per unit.
• Following the reported transaction, Seip beneficially owns 8,719.3171 shares of phantom stock.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. The acquisition of phantom stock by an executive is generally viewed as a positive sign, but it's not a major event.

Positives

• The acquisition of phantom stock by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Phantom stock is a common form of executive compensation.

Stakeholder Impact

• The acquisition of phantom stock by a company executive can have a minor positive impact on shareholder confidence.

Key Dates

Keywords

Form 4, Ingredion Inc, Phantom Stock, SERP, Executive Compensation, Beneficial Ownership, David Eric Seip