Magro Charles V. 4

4 · Ingredion Inc · Filed Apr 2, 2026

AI-generated summary of this filing

Updated Apr 2, 2026

Ingredion Director Charles Magro Receives Stock Awards

What Happened

Charles V. Magro, an outside director of Ingredion Inc. (INGR), was granted awards totaling 615 stock units on March 31, 2026. The awards consist of 380 restricted stock units (RSUs) valued at $111.92 each ($42,530) and 235 derivative stock units valued at $111.92 each ($26,301). These were reported as acquisitions (awards), not sales.

Key Details

Transaction date: 2026-03-31; Form 4 filed 2026-04-02 (no late filing indicated).
Grants reported:
- 380 RSUs @ $111.92 = $42,530 (award)
- 235 derivative units @ $111.92 = $26,301 (award/derivative)
Total units received: 615; total value ≈ $68,831.
Shares owned after transaction: not specified on this Form 4.
Notable footnotes from the filing:
- F1: RSUs are issued to outside directors as part of annual retainer and payable in stock no earlier than six months after resignation/retirement and no later than ten years thereafter.
- F2: Includes RSUs acquired via deemed dividend reinvestment; those vest on the same schedule as the original RSUs.
- F3: Describes aggregate phantom stock units credited under a Non‑Qualified Deferred Compensation Plan; each phantom unit equals the right to one share.

Context

These awards appear to be routine director compensation (annual RSU retainer and related dividend reinvestment/phantom-unit crediting) rather than open‑market purchases or sales. RSUs and phantom units are typically settled later and do not imply an immediate market transaction.

Form 4

Period: 2026-03-31

Director

Transactions

Award
Common Stock
[F1][F2]
2026-03-31$111.92/sh+380$42,530→ 9,479.802 total
Award
Phantom Stock
[F3]
2026-03-31$111.92/sh+235$26,301→ 235 total
→ Common Stock (235 underlying)

Footnotes (3)

[F1]These are restricted stock units issued to the Company's outside directors as part of their annual retainer and are payable in stock no earlier than six months after resignation or retirement as a director and no later than ten years thereafter.
[F2]Includes restricted stock units ("RSUs") acquired through deemed dividend reinvestment. RSUs acquired through deemed dividend reinvestment vest on the dates when the RSUs with respect to which they are deemed dividends vest.
[F3]Represents the aggregate number of shares of phantom stock allocated to the reporting person based upon a deferral of a cash retainer 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.

Signature

Michael N. Levy, attorney-in-fact|2026-04-02

1 file