Fernandes Larry 4
Research Summary
AI-generated summary
Ingredion (INGR) SVP Larry Fernandes Sells 3,630 Shares
What Happened
Larry Fernandes, Senior Vice President and Chief Communications & Sustainability Officer at Ingredion (INGR), sold 3,630 shares on February 11, 2026 at $118.40 per share, generating proceeds of $429,792. This was a sale (not a purchase); sales by insiders can be routine and do not necessarily signal a change in company outlook.
Key Details
- Transaction date: 2026-02-11; Price: $118.40 per share; Total proceeds: $429,792.
- Transaction type: Sale (open market or private sale, reported as "S").
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnote: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Fernandes on May 7, 2025 (pre-scheduled trade).
- Filing timeliness: Form 4 filed on 2026-02-12 for a 2026-02-11 transaction (filed the next day; not indicated as late).
Context
The sale was made under a 10b5-1 plan, which typically means it was pre-arranged and executed according to set parameters. Such plans are commonly used by insiders to sell shares on a predetermined schedule and are usually considered routine rather than an immediate indicator of insider sentiment.