Seip David Eric 4

What Happened
David Seip, SVP, Global Operations and Chief Supply Chain Officer (CSCO) of Ingredion Inc. (INGR), was granted 15.548 phantom stock units on March 13, 2026. The units were valued at $112.33 each based on the closing price that day, for an aggregate reported value of approximately $1,747. This was an award/derivative acquisition (Form 4 transaction code A), not an open-market purchase of common stock.

Key Details

• Transaction date: 2026-03-13; Form 4 filed 2026-03-17. No late-filing flag noted in the filing.
• Award: 15.548 phantom stock units @ $112.33 per share; total reported value ≈ $1,747.
• Transaction type: Award/other acquisition (derivative units under a Non‑Qualified Deferred Compensation Plan).
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote: The units represent phantom stock allocated under the issuer’s Non‑Qualified Deferred Compensation Plan; each phantom stock unit represents the right to receive one share of Ingredion common stock (allocation based on the Mar 13, 2026 closing price).

Context
Phantom stock units are deferred-compensation awards that give the holder a right to receive shares (or cash equivalent) in the future; they are not immediate open‑market purchases and do not necessarily signal a near-term personal investment decision. This is a standard executive compensation/deferral transaction rather than a sale or option exercise.