Form 4: Ingredion Inc. Executive Reports Stock Transactions Following Performance Share Vesting

Davida Marie Gable, VP, Controller & Global SS at Ingredion Inc., reports acquisition and disposal of common stock related to performance share vesting and tax obligations.

Summary

• On February 11, 2025, Davida Marie Gable, VP, Controller & Global SS of Ingredion Inc., reported transactions involving Ingredion's common stock.
• Ms. Gable acquired 2,302 shares upon the vesting of a performance share award granted on February 16, 2022.
• The vesting was based on criteria beyond just the increase in Ingredion's stock price.
• 728 shares were withheld to cover applicable taxes related to the vesting of the performance share award at a price of $128.66.
• Following these transactions, Ms. Gable beneficially owns 3,340.5132 shares of Ingredion Inc.
• This amount includes restricted stock units (RSUs) acquired through deemed dividend reinvestment, which vest on the same dates as the RSUs they are related to.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving performance-based equity awards.

Comparison to Industry Standards

• Equity compensation is a common practice across publicly traded companies to align management's interests with those of shareholders.
• Performance-based vesting criteria are also standard, often tied to metrics like revenue growth, profitability, or total shareholder return, similar to companies like Archer Daniels Midland (ADM) or Bunge (BGNE).
• Tax withholding upon vesting of equity awards is a universal practice.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• They provide transparency into executive compensation and alignment with shareholder interests.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Ingredion Inc, INGR, Davida Marie Gable, Performance Share Award, Vesting, Restricted Stock Units, RSUs, Tax Withholding