Form 4: Ingredion Inc. Executive VP and CFO Reports Stock Transaction
SEC Form 4 Filing
James D. Gray, Executive VP and CFO of Ingredion Inc., reports the disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 16, 2025, James D. Gray, Executive VP and CFO of Ingredion Inc., disposed of 1,626 shares of common stock to cover applicable taxes.
- The shares were withheld to pay taxes upon the vesting of 3,563 restricted stock units (RSUs) granted on February 16, 2022, and 312.542 RSUs acquired through deemed dividend reinvestment.
- The transaction was executed at a price of $126.8 per share.
- Following the transaction, Gray beneficially owns 20,309.8994 shares of Ingredion Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares disposed of by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| February 16, 2022 | Date of grant for 3,563 restricted stock units (RSUs). |
| February 16, 2025 | Date of transaction: Disposition of 1,626 shares to cover taxes upon vesting of RSUs. |
| February 19, 2025 | Date of signature for the Form 4 filing. |
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