Form 4: Ingredion Inc. Executive Reports Changes in Beneficial Ownership
SEC Form 4 Filing
David Eric Seip, SVP at Ingredion Inc., reports changes in beneficial ownership of phantom stock units.
Summary
- On July 15, 2024, David Eric Seip, SVP, Global Ops and CSCO of Ingredion Inc., reported changes in beneficial ownership.
- The report details the acquisition of 9.433 phantom stock units.
- Following the reported transaction, Seip directly owns 5,097.4891 derivative securities.
- Each phantom stock unit represents the right to receive one share of common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating standard executive compensation practices. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of earliest transaction and allocation of phantom stock units. |
| 07/18/2024 | Date of signature by attorney-in-fact. |
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