Form 4: Ingredion Inc. Executive Reports Changes in Beneficial Ownership
SEC Filing
David Eric Seip, SVP at Ingredion Inc., reports changes in beneficial ownership of phantom stock as of February 28, 2025.
Summary
- David Eric Seip, a Senior Vice President at Ingredion Inc., filed a Form 4 with the SEC on March 4, 2025.
- The filing reports changes in his beneficial ownership of Ingredion Inc. securities.
- The reported transaction involves phantom stock allocated to Seip under the SERP (Supplemental Executive Retirement Plan).
- As of February 28, 2025, Seip was allocated 8.778 shares of phantom stock.
- The price of the common stock on February 28, 2025, was $130.61.
- Following the reported transaction, Seip beneficially owns 8,728.0951 shares of phantom stock directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the executive's holdings of phantom stock, a common form of deferred compensation.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of the transaction involving phantom stock allocation. |
| 03/04/2025 | Date the Form 4 was signed. |
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