Magro Charles V. 4

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.