Form 4: Ingredion Inc. Executive Robert A. Ritchie Reports Stock Transactions
SEC Form 4 Filing
Robert A. Ritchie, SVP at Ingredion Inc., reports the disposition of shares to cover tax obligations and settle residual shares.
Summary
- On March 16, 2024, Robert A. Ritchie, a Senior Vice President at Ingredion Inc., reported transactions involving the company's common stock.
- 51 shares were disposed of to cover applicable taxes upon the vesting of 171 restricted stock units granted on March 16, 2021, at a price of $114.75 per share.
- Additionally, 0.1756 residual shares were settled in stock at $114.75 per share.
- Following these transactions, Ritchie directly owns 15,822.3685 shares of Ingredion Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment. It's a neutral disclosure.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding insider transactions to investors.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they relate to routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/16/2021 | Date of grant for 171 restricted stock units that vested. |
| 03/16/2024 | Date of stock transactions: shares withheld for taxes and settlement of residual shares. |
| 03/18/2024 | Date of signature for the Form 4 filing. |
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