Fernandes Larry 4
4 · Ingredion Inc · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Ingredion (INGR) SVP Larry Fernandes Receives RSU Award
What Happened
Larry Fernandes, Senior Vice President and Chief Communications & Sustainability Officer at Ingredion (INGR), was granted 2,375 restricted stock units (RSUs) on Feb 25, 2026. The grant price used for reporting was $117.94 per share, giving the award a reported value of $280,108. This is an award (not an open-market purchase or sale) representing future shares if and when the RSUs vest.
Key Details
- Transaction type: Award/Grant (A) of RSUs
- Transaction date: February 25, 2026; Filing date: February 27, 2026 (filed within the standard reporting window)
- Shares/units: 2,375 RSUs at $117.94 per share; reported value $280,108
- Vesting: RSUs vest on February 25, 2029 (one share issued per RSU upon vesting)
- Special vesting rules: Pro-rata vesting on termination due to death, disability, or retirement. If retirement occurs on or after Feb 25, 2027, the RSUs continue to vest per the schedule.
- Shares owned after transaction: Not disclosed in the Form 4 filing
Context
RSUs are a common form of long-term incentive compensation; they do not represent immediate share ownership or a cash transaction until they vest and are settled in shares. This grant signals routine executive compensation rather than an open-market trade by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-25$117.94/sh+2,375$280,108→ 32,889.112 total
Footnotes (1)
- [F1]These are restricted stock units ("RSUs") issued under the Ingredion Incorporated Stock Incentive Plan. The RSUs may be settled only in shares of common stock (one share per RSU) and will vest on February 25, 2029. In the event of termination of employment due to (a) death (b) disability or (c) retirement (as defined in the grant agreement), the RSUs will vest on a pro-rata basis. Notwithstanding the foregoing, in the event of Retirement on or after February 25, 2027, the RSUs shall continue to vest in accordance with the vesting schedule.