Ingredion Inc·4

Feb 19, 3:53 PM ET

Seip David Eric 4

Research Summary

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Ingredion SVP David Seip Withholds Shares for Taxes

What Happened

David Eric Seip, Senior Vice President, Global Operations & Chief Supply Chain Officer of Ingredion (INGR), had 570 shares withheld to satisfy tax obligations related to vested restricted stock units (RSUs). The withholding was recorded as a disposition at $118.31 per share, for a total value of $67,437 on 2026-02-17. This was a tax-withholding event (code F), not an open-market sale.

Key Details

  • Transaction date: 2026-02-17; reported on Form 4 filed 2026-02-19 (appears timely; filed within required reporting window).
  • Withheld/Disposed: 570 shares at $118.31 per share — total $67,437.
  • Footnote: Shares were withheld to pay taxes on the vesting of 1,732 RSUs granted Feb 15, 2023, plus 144.184 RSUs acquired via deemed dividend reinvestment.
  • Shares owned after transaction: not provided in the supplied filing details.
  • Transaction code: F (tax withholding upon vesting) — this is a routine administrative disposition, not a directional trade.

Context

Tax-withholding on RSU vesting is a common, administrative transaction and does not necessarily indicate the insider is reducing their economic exposure by selling into the market. For retail investors, purchases or open-market sales by insiders are generally more informative about sentiment than routine withholdings.