Form 4: Ingredion Inc. Executive VP and CFO, James D. Gray, Reports Stock Transactions

Executive VP and CFO of Ingredion Inc., James D. Gray, reports the disposal of shares to cover tax obligations and settlement of residual shares.

Summary

• On March 16, 2024, James D. Gray, Executive VP and CFO of Ingredion Inc., disposed of 389 shares of common stock to cover applicable taxes upon the vesting of 876 restricted stock units granted on March 16, 2021, at a price of $114.75 per share.
• Additionally, Mr. Gray disposed of 0.5937 shares of common stock at $114.75 per share, representing residual shares settled in stock.
• Following these transactions, Mr. Gray beneficially owns 46,258.3687 shares of Ingredion Inc. common stock.

Sentiment

Score: 5

Explanation: The document reports routine stock transactions by an executive, primarily related to tax obligations. It doesn't convey strong positive or negative sentiment about the company's performance or future prospects.

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 for signals about management's view of the company's prospects, although tax-related disposals are generally viewed as less informative.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates