Form 4: Ingredion Inc. Executive Reports Phantom Stock Acquisition
SEC Form 4 Filing
Michael J. Leonard, SVP, CIO & Head of Prot. Fort. of Ingredion Inc., reports acquisition of phantom stock units.
Summary
- On March 14, 2025, Michael J. Leonard, SVP, CIO & Head of Prot. Fort. of Ingredion Inc., reported a transaction involving phantom stock.
- Leonard acquired 19.504 phantom stock units at a price of $131.29 per unit.
- Following the transaction, Leonard directly owns 65.879 phantom stock units.
- Each phantom stock unit represents the right to receive one share of Ingredion Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of phantom stock transaction |
| 03/18/2025 | Date of Form 4 filing |
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