Form 4: Ingredion Inc. Executive Valdirene Bastos-Evans Reports Stock Transactions

Valdirene Bastos-Evans, a Senior VP at Ingredion Inc., reports the acquisition and disposal of company stock related to a performance share award.

Summary

• On February 11, 2025, Valdirene Bastos-Evans, a Senior VP at Ingredion Inc., reported transactions involving Ingredion's common stock.
• She acquired 6,030 shares upon the vesting of a performance share award granted on February 16, 2022, at a price of $0.
• Simultaneously, 2,551 shares were withheld to cover applicable taxes related to the vesting of the same performance share award at a price of $128.66.
• Following these transactions, Bastos-Evans beneficially owns 19,364.0444 shares of Ingredion Inc.
• This total includes restricted stock units (RSUs) acquired through deemed dividend reinvestment, which vest on the same dates as the RSUs they are associated with.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation. The vesting of performance shares suggests the achievement of performance targets, which is mildly positive.

Positives

• The vesting of performance share awards suggests that performance targets were met, which is a positive indicator for the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The vesting of performance shares can be seen as a positive signal to shareholders, indicating that management is incentivized to improve company performance.

Key Dates

Keywords

Ingredion, Form 4, Beneficial Ownership, Stock Transaction, Valdirene Bastos-Evans, Performance Share Award, Vesting, RSUs, Dividend Reinvestment