KENNY GREGORY B 4
Research Summary
AI-generated summary
Ingredion (INGR) Chairman Gregory B. Kenny Receives 346 RSUs
What Happened
- Gregory B. Kenny, Chairman of the Board of Ingredion Inc. (INGR), was granted 346 restricted stock units (RSUs) on 2026-03-31.
- The grant is reported at an implicit value of $111.92 per share, totaling $38,724. This was an award (grant) as part of director compensation, not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-03-31 — 346 RSUs @ $111.92 (total $38,724). Reported on Form 4 filed 2026-04-02 (Accession 0001046257-26-000135).
- Shares owned after transaction: Not disclosed in the filing.
- Transaction code: A (award/grant).
- Footnote highlights:
- F1: These RSUs are issued to outside directors as part of their annual retainer and are 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; such RSUs vest on the same dates as the underlying RSUs.
- Filing timeliness: Form 4 was filed two days after the reported transaction date; no late-filing indication in the report.
Context
- RSU grants to outside directors are a common form of compensation and are typically a routine, non-trading event. They do not represent a discretionary market buy or sell by the insider.
- Deemed dividend reinvestment RSUs simply credit additional RSUs tied to dividends and follow the vesting schedule of the underlying awards.