Leonard Michael J 4

What Happened

• Michael J. Leonard, Senior Vice President, CIO & Head of Prot. Fort. at Ingredion (INGR), was granted 2,714 restricted stock units (RSUs) on Feb 25, 2026. The grant price is reported at $117.94 per share, for a total grant value of $320,089. This was an award (grant), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-25; filing date: 2026-02-27 (filed within the standard two-business-day Form 4 window).
• Grant details: 2,714 RSUs @ $117.94 each; total reported value $320,089.
• Shares owned after transaction: Not specified in the provided filing.
• Transaction code: A (award/grant).
• Footnote (summary of F1): RSUs issued under the Ingredion Stock Incentive Plan; each RSU converts to one share on settlement; vesting scheduled for February 25, 2029. If employment ends due to death, disability, or retirement the RSUs vest pro‑rata. If retirement occurs on or after Feb 25, 2027, the RSUs will continue to vest per the original schedule.

Context

• These RSUs are long‑term compensation that only convert to shares upon vesting (no immediate sale or cash received). Grants are common for employee retention and alignment with shareholder interests; they are not the same signal as an open‑market purchase by an insider.