Form 4: Ingredion Inc. Executive Reports Stock Transactions

David Eric Seip of Ingredion Inc. reported a transaction involving phantom stock units under a deferred compensation plan.

Summary

• David Eric Seip, SVP, Global Ops and CSCO at Ingredion Inc., reported a transaction on May 15, 2026.
• The transaction involved 17.019 phantom stock units allocated under the Non-Qualified Deferred Compensation Plan.
• Each phantom stock unit is equivalent to one share of Ingredion's common stock.
• The allocation was based on the closing price of Ingredion's common stock on May 15, 2026, which was $102.62 per share.
• The total value of the allocated phantom stock is $102.62 per share, totaling 17.019 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it reports routine executive compensation transactions without indicating significant positive or negative company performance.

Positives

• Executive compensation is structured to align with company stock performance through phantom stock units.
• The allocation reflects a specific market value ($102.62 per share) on the transaction date, indicating a defined valuation process.

Negatives

• The filing does not provide details on the specific performance or financial results of Ingredion Inc. that led to this compensation event.

Risks

• The value of phantom stock is tied to the company's common stock price, meaning any decline in Ingredion's stock value would directly impact the value of these units.
• Phantom stock plans can be subject to vesting schedules and other conditions that are not detailed in this filing, potentially limiting immediate access to the value.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding future financial performance or strategic initiatives.

Industry Context

StockSavvy.ai notes that executive compensation structures involving phantom stock are common in the food and beverage industry, aiming to retain talent and align executive interests with shareholder value through stock-based incentives.

Stakeholder Impact

• Shareholders: The allocation of phantom stock represents a form of compensation, which impacts the company's overall compensation expenses. The value of these units is directly tied to the company's stock performance, aligning executive interests with shareholders.

Next Steps

• The reporting person may continue to receive allocations of phantom stock units under the Non-Qualified Deferred Compensation Plan.
• The value of these units will fluctuate with the market price of Ingredion's common stock.

Key Dates

Keywords

Ingredion Inc., Form 4, SEC Filing, Stock Transaction, Phantom Stock, Deferred Compensation, Executive Compensation, David Eric Seip, INGR