Seip David Eric 4
4 · Ingredion Inc · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Ingredion (INGR) SVP Seip David Eric Receives Phantom Stock Award
What Happened
Seip David Eric, Senior Vice President, Global Operations and CSCO of Ingredion Inc., was credited with 15.502 phantom stock units (a derivative award) on March 31, 2026. The units were recorded at $112.66 per share, for an aggregate value of approximately $1,746. This was an award/acquisition under the company's deferred compensation arrangement, not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-03-31; 15.502 units at $112.66 each (aggregate ~$1,746).
- Shares/units reported after the transaction: 15.502 phantom stock units (aggregate held under the plan as of 3/31/2026).
- Transaction type: A (award/acquisition); classified as a derivative (phantom stock unit).
- Footnote: F1 clarifies these are phantom stock units under the Non-Qualified Deferred Compensation Plan; each unit represents the right to receive one share of common stock.
- Filing timeliness: Reported on 2026-04-01 for a 2026-03-31 event (filed timely per Form 4 reporting window).
Context
Phantom stock units are deferred compensation awards that entitle the holder to receive shares (or cash equivalent) in the future and do not represent immediate share ownership or a market buy/sell decision. Such awards are typically part of executive compensation and should be viewed as compensation-related rather than a direct signal of the insider buying or selling stock.
Insider Transaction Report
- Award
Phantom Stock
[F1]2026-03-31$112.66/sh+15.502$1,746→ 13,040.632 total→ Common Stock (15.502 underlying)
Footnotes (1)
- [F1]Represents the aggregate number of shares of phantom stock allocated to the reporting person under the Non-Qualified Deferred Compensation Plan as of the date hereof based on the closing price of a share of the issuer's Common Stock on March 31, 2026. Each phantom stock unit represents the right to receive one share of common stock.