Fernandes Larry 4
4 · Ingredion Inc · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Ingredion SVP Larry Fernandes Receives Award, 1,590 Shares Withheld
What Happened
Larry Fernandes, SVP & Chief Communications & Sustainability Officer at Ingredion (INGR), had 5,220 shares issued to him on Feb 9, 2026 upon vesting of a performance share award. To cover withholding taxes on the vesting, 1,590 of those shares were surrendered (disposed) at an indicated price of $119.29, totaling approximately $189,671. The award shares are reported as acquired at $0.00 because they were granted/vested rather than purchased.
Key Details
- Transaction date: 2026-02-09 (vesting event). Form filed: 2026-02-11 (filed within the typical two-business-day window).
- Award received: 5,220 shares (code A) reported at $0.00.
- Shares withheld for taxes: 1,590 shares (code F) disposed at $119.29 each — proceeds/withholding value ≈ $189,671.
- Footnotes:
- F1: Shares came from a performance share award granted Feb 15, 2023; vesting included performance criteria beyond stock price.
- F2: 1,590 shares were withheld to pay applicable taxes on vesting.
- F3: Filing notes inclusion of RSUs acquired via deemed dividend reinvestment; those RSUs vest on the same schedule as the underlying awards.
- Shares owned after the transaction: not specified in the provided filing details.
Context
This was a vesting of previously granted performance-based shares, not an open-market buy or voluntary sale. The withholding of shares to meet tax obligations is a routine administrative step and does not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-09+5,220→ 37,275.112 total - Tax Payment
Common Stock
[F2][F3]2026-02-09$119.29/sh−1,590$189,671→ 35,685.112 total
Footnotes (3)
- [F1]Shares acquired upon vesting of performance share award granted February 15, 2023. Vesting of the performance share award was based on criteria in addition to the increase in the market price of Ingredion Incorporated's common stock.
- [F2]Shares withheld to pay applicable taxes upon the vesting of performance share award granted February 15, 2023.
- [F3]Includes restricted stock units ("RSUs") acquired through deemed dividend reinvestment. RSUs acquired through deemed dividend reinvestment vest on the dates when the RSUs with respect to which they are deemed dividends vest.