Ritchie Robert A. 4
4 · Ingredion Inc · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Ingredion EVP Robert A. Ritchie Receives Award; 440 Shares Withheld
What Happened
Robert A. Ritchie, Executive Vice President, Food & Industrial Ingredients at Ingredion (INGR), had a performance-based award vest on Feb 9, 2026. The filing shows 1,203 shares were acquired upon vesting (awarded at $0.00), and 440 shares were withheld/disposed to satisfy tax withholding at $119.29 per share (total value withheld = $52,488). The report also shows an award/derivative entry of 1,203 phantom stock units tied to the same performance award.
Key Details
- Transaction date: 2026-02-09; Form 4 filed 2026-02-11 (timely filing).
- Awarded shares: 1,203 common shares acquired at $0.00 (vesting of a Feb 15, 2023 performance share award).
- Tax withholding: 440 shares withheld/disposed at $119.29 each, aggregate value $52,488 (code F — shares withheld to pay taxes).
- Derivative/phantom stock: 1,203 phantom stock units allocated under the Non‑Qualified Deferred Compensation Plan (each unit represents the right to one share).
- Notable footnotes: vesting was performance-based with criteria beyond stock price (F1, F4); withheld shares represent tax payment on vesting (F2); RSUs may include deemed dividend reinvestment (F3).
- Shares owned after the transaction: not reported in the details provided in this summary.
Context
This was a vesting of a performance award (not an open-market purchase or sale). The 440-share disposition is a routine tax-withholding action following vesting rather than a market sell decision; such withholdings are common and do not by themselves signal the insider’s market view. The derivative entry reflects phantom units under a deferred compensation plan that correspond to the vested award.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-09+1,203→ 21,271.586 total - Tax Payment
Common Stock
[F2][F3]2026-02-09$119.29/sh−440$52,488→ 20,831.586 total - Award
Phantom Stock
[F4]2026-02-09+1,203→ 1,203 total→ Common Stock (1,203 underlying)
Footnotes (4)
- [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.
- [F4]Represents the aggregate number of shares of phantom stock allocated by the reporting person under the Non-Qualified Deferred Compensation Plan 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. Each phantom stock unit represents the right to receive one share of common stock.