Seip David Eric 4

What Happened

• David Eric Seip, SVP, Global Operations and CSCO at Ingredion, was granted 11.186 phantom stock units (derivative award) on February 27, 2026. The filing values the units at $117.46 each, for an aggregate value of approximately $1,314. This was an award/acquisition under a deferred compensation arrangement, not an open-market purchase.

Key Details

• Transaction date: 2026-02-27; Filing date: 2026-03-03 (filed within the typical two-business-day window).
• Award: 11.186 phantom stock units @ $117.46 per unit; total value ≈ $1,314.
• Shares owned after the transaction: not specified in the filing.
• Footnote: Units represent phantom stock allocated under the Non-Qualified Deferred Compensation Plan; each unit equals the right to receive one share, and the stated value is based on the Feb 27, 2026 closing stock price.
• Transaction code: A (award/acquisition); treated as a derivative allotment.

Context

• These are phantom stock units granted under a deferred compensation plan (a derivative right to receive common stock later), not an immediate share purchase or sale. Such grants are typically routine compensation/retention actions for executives and do not, by themselves, indicate a personal buy/sell decision in the open market.