Ingredion Inc·4

Feb 17, 5:31 PM ET

Seip David Eric 4

Research Summary

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Ingredion (INGR) SVP David Seip Receives Phantom Stock Award

What Happened

  • David Eric Seip, SVP, Global Operations and CSCO of Ingredion Inc., was granted 10.477 phantom stock units (a derivative award) on Feb 13, 2026. Each unit was valued at $118.31, for an aggregate grant value of approximately $1,240. The transaction is coded as an award/acquisition (Code A) rather than an open‑market buy.

Key Details

  • Transaction date: 2026-02-13
  • Filing date: 2026-02-17 (filed within the Form 4 reporting window)
  • Quantity/price/value: 10.477 units @ $118.31 each; total ≈ $1,240
  • Transaction type: Award/Acquisition (derivative — phantom stock unit)
  • Shares owned after transaction: Not specified in the filing
  • Footnote (F1): These are phantom stock units allocated under the Non‑Qualified Deferred Compensation Plan; each unit represents the right to receive one share of Ingredion common stock and was valued based on the Feb 13, 2026 closing price.

Context

  • Phantom stock units are a form of deferred compensation (a promise to pay or deliver shares later) and do not represent immediate share ownership or an open‑market purchase. Such awards are routine components of executive pay and, given the small dollar amount here, are more administrative than a material signal of insider sentiment.