Form 4: Ingredion Inc. Executive Reports Stock Transaction
SEC Form 4 Filing
David Eric Seip, SVP at Ingredion Inc., reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 16, 2025, David Eric Seip, SVP, Global Ops and CSCO of Ingredion Inc., reported a transaction involving common stock.
- 686 shares were disposed of at a price of $126.8 to cover applicable taxes upon the vesting of restricted stock units.
- Following the transaction, Seip directly owns 24,500.4453 shares of Ingredion Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/16/2022 | Date of grant for 1,713 restricted stock units (RSUs). |
| 02/16/2025 | Date of transaction: Disposition of 686 shares to cover taxes upon vesting of RSUs. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
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