Form 4: Ingredion Inc. Executive VP and CFO Reports Changes in Beneficial Ownership

James D. Gray, Executive VP and CFO of Ingredion Inc., reports the acquisition and disposal of common stock related to the vesting of a performance share award.

Summary

• On February 11, 2025, James D. Gray, Executive VP and CFO of Ingredion Inc., reported changes in his beneficial ownership of the company's common stock.
• He acquired 14,252 shares upon the vesting of a performance share award granted on February 16, 2022, at a price of $0.
• 5,179 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, Gray beneficially owns 21,935.8994 shares of Ingredion Inc. common stock, which includes restricted stock units (RSUs) acquired through deemed dividend reinvestment.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects routine transactions related to executive compensation. The acquisition of shares upon vesting is generally a positive sign, but the disposal for tax purposes is a standard procedure.

Positives

• The acquisition of shares indicates confidence in the company's performance and future prospects.

Negatives

• The disposal of shares to cover taxes is a standard procedure and doesn't necessarily indicate a negative outlook.

Risks

• There are no specific risks mentioned in this document.

Industry Context

This filing is a routine disclosure related to executive compensation and is common for publicly traded companies. It provides transparency into the holdings of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates

Keywords

Ingredion Inc, James D. Gray, beneficial ownership, Form 4, executive compensation, performance share award, restricted stock units, RSUs, vesting, securities, CFO