Form 4: Ingredion Inc. Executive VP and CFO, James D. Gray, Reports Acquisition of Common Stock and Employee Stock Options
SEC Form 4 Filing
James D. Gray, Executive VP and CFO of Ingredion Inc., reports the acquisition of 3,470 shares of common stock and 13,421 employee stock options.
Summary
- On February 26, 2025, James D. Gray, Executive VP and CFO of Ingredion Inc., acquired 3,470 shares of common stock at a price of $130.57 per share.
- Gray also acquired 13,421 employee stock options with an exercise price of $130.57.
- Following these transactions, Gray directly owns 23,779.8994 shares of Ingredion Inc. common stock and 13,421 employee stock options.
- The restricted stock units (RSUs) will vest on February 26, 2028, with pro-rata vesting in case of death, disability, or retirement.
- If retirement occurs on or after February 26, 2026, the RSUs will continue to vest according to the original schedule.
- The employee stock options will vest in three equal annual installments starting February 26, 2026.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating insider transactions, which can be interpreted as a positive sign of confidence but doesn't inherently guarantee future performance.
Positives
- The acquisition of shares by a high-ranking executive may signal confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be informative for investors.
Comparison to Industry Standards
- Executive compensation packages often include stock options and restricted stock units to align management's interests with those of shareholders.
- The vesting schedules for the RSUs and stock options are typical for executive compensation plans.
- Comparing the size of the stock and option grants to those of executives at peer companies (e.g., Archer Daniels Midland, Bunge) would provide further context.
Stakeholder Impact
- Shareholders may view the insider's stock acquisition as a positive signal.
- Employees may be motivated by the executive's participation in stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: Acquisition of common stock and employee stock options. |
| 02/26/2026 | First vesting date for employee stock options (one-third). |
| 02/26/2026 | Date on or after which RSUs continue to vest in accordance with the vesting schedule in the event of retirement. |
| 02/26/2027 | Second vesting date for employee stock options (one-third). |
| 02/26/2028 | Third vesting date for employee stock options (one-third). |
| 02/26/2028 | Vesting date for restricted stock units (RSUs). |
| 02/26/2035 | Expiration date for employee stock options. |
| 02/28/2025 | Date of signature by attorney-in-fact. |
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