Form 4: Ingredion SVP Seip Receives Phantom Stock Award

Ingredion Inc's SVP, Global Operations and CSCO, David Eric Seip, was allocated 10.618 phantom stock units under the company's SERP on January 15, 2026.

Summary

• David Eric Seip, SVP, Global Operations and CSCO of Ingredion Inc (INGR), acquired 10.618 units of phantom stock.
• The allocation occurred on January 15, 2026.
• Each phantom stock unit represents the right to receive one share of common stock.
• The allocation was made under the company's Supplemental Executive Retirement Plan (SERP).
• The value of each phantom stock unit was $116.74, based on the closing price of Ingredion's Common Stock on January 15, 2026.
• Following this transaction, Mr. Seip beneficially owns 9,232.7501 phantom stock units directly.

Sentiment

Score: 6

Explanation: The filing is a routine disclosure of executive compensation, which is generally a neutral event. The allocation of phantom stock can be seen as a positive for executive retention and alignment with shareholder interests, hence a slightly positive score.

Positives

• Allocation of phantom stock units to a key executive, David Eric Seip, aligns his interests with shareholders.
• The transaction is part of a Supplemental Executive Retirement Plan (SERP), indicating a structured compensation and retention strategy for senior management.

Future Outlook

This filing is a disclosure of past executive compensation and does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

This is a routine executive compensation disclosure common across publicly traded companies, reflecting standard practices for aligning executive incentives with long-term company performance through equity-based awards like phantom stock. It does not provide specific insights into broader industry trends for the food ingredient sector.

Comparison to Industry Standards

• This filing details a standard executive compensation mechanism (phantom stock under a SERP) which is a common practice among large, publicly traded companies to retain and incentivize senior management. Specific comparisons to other companies' executive compensation packages or project results are not provided within this filing.

Corporate Governance

Related Party Transactions

• The allocation of phantom stock units to David Eric Seip, a Senior Vice President, constitutes a transaction between the company and a related party (an executive officer).

Stakeholder Impact

• Shareholders: The allocation of phantom stock aligns executive interests with shareholder value creation, as phantom stock units typically vest and convert to common stock, linking executive wealth to stock performance.
• Employees: No direct impact on general employees is indicated.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this compensation disclosure.

Key Dates

Keywords

Ingredion Inc, INGR, SEC Form 4, Phantom Stock, Executive Compensation, David Eric Seip, SERP, Beneficial Ownership, Corporate Governance