Zallie James P. 4
Research Summary
AI-generated summary
Ingredion (INGR) CEO James P. Zallie Receives RSU Award
What Happened
- James P. Zallie, President and CEO of Ingredion Inc. (INGR), was granted 28,829 restricted stock units (RSUs) on Feb 25, 2026. The grant is reported at a per-share value of $117.94 for a total grant value of $3,400,092. This is a compensation award (code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (appears timely).
- Grant details: 28,829 RSUs; imputed value $117.94 per share; total ~$3.4 million.
- Vesting: RSUs vest on February 25, 2029; each RSU converts to one share on settlement (no cash settlement option).
- Special vesting provisions: pro‑rata vesting upon death, disability, or retirement; if retirement occurs on or after Feb 25, 2027, the RSUs will continue to vest per the schedule.
- Shares owned after the transaction: not specified in this filing.
- Transaction code: A (award/grant of equity).
Context
- RSUs are a compensation award that convert to company shares only when they vest; they are not an immediate market purchase or sale. Such awards are routine for executives and reflect long‑term incentives rather than an immediate signal to buy or sell stock.