Form 4: Ingredion Inc. Executive Reports Phantom Stock Acquisition

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

Summary

• David Eric Seip, a Senior Vice President at Ingredion Inc., filed a Form 4 with the SEC.
• The filing reports a transaction involving phantom stock units.
• On May 15, 2025, Mr. Seip acquired 7.999 phantom stock units 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 derivative security is $138.89.
• Following the reported transaction, Mr. Seip beneficially owns 8,970.4631 derivative securities.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.

Positives

• The acquisition of phantom stock units aligns the executive's interests with those of the shareholders.
• The SERP plan is designed to provide retirement benefits to key executives.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's securities. This filing indicates executive compensation and alignment with shareholder value.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation.
• The phantom stock units align the executive's interests with those of the shareholders.

Key Dates

Keywords

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