Ritchie Robert A. 4
Research Summary
AI-generated summary
Ingredion (INGR) EVP Robert A. Ritchie Receives RSU Award
What Happened
Robert A. Ritchie, EVP, Food & Industrial Ingredients at Ingredion, was granted 6,497 restricted stock units (RSUs) on March 12, 2026. The award is recorded at $111.32 per share, a total grant value of $723,246. This was an equity award (grant), not an open-market purchase or sale.
Key Details
- Transaction date: March 12, 2026 (filed March 13, 2026) — filing appears timely.
- Grant details: 6,497 RSUs @ $111.32 per share; total value $723,246. Transaction code: A (award/grant).
- Settlement: RSUs may be settled only in shares of common stock (1 share per RSU).
- Vesting: RSUs vest on March 12, 2029. Pro-rata vesting upon death, disability, or retirement (as defined). If retirement occurs on or after March 12, 2027, RSUs continue to vest per the schedule.
- Shares owned after transaction: Not specified in the Form 4 filing.
Context
RSU grants are common long-term compensation and do not reflect an immediate market purchase or sale — they are deferred equity that vests over time. This grant increases Ritchie's potential future ownership if the RSUs vest and are settled in shares. The filing shows no indication of a sale, tax withholding event, or 10b5-1 plan associated with this grant.