Uribe Jorge A. 4
Research Summary
AI-generated summary
Ingredion Director Jorge Uribe Receives 380-Share Award
What Happened
- Jorge A. Uribe, a member of Ingredion's board (Director), was granted 380 shares of common stock on 2026-03-31 as part of his annual retainer. The grant price is reported at $112.66 per share, valuing the award at $42,811. To cover tax withholding, 67.26 shares were surrendered (value $7,578), and 0.74 fractional shares were cash-settled ($83).
Key Details
- Transaction date: 2026-03-31. Grant/acquisition: 380 shares @ $112.66 (total $42,811). Tax withholding: 67.26 shares @ $112.66 ($7,578). Fractional share cash settlement: 0.74 shares (~$83).
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Footnotes: F1 = shares issued to outside directors as annual retainer; F2 = shares withheld to pay applicable taxes; F3 = fractional shares settled in cash; F4 = includes RSUs acquired via deemed dividend reinvestment (those RSUs vest on the same dates as the underlying RSUs).
- Filing: Form 4 filed 2026-04-02 for the 2026-03-31 transactions; this appears to be within the standard two-business-day reporting window (timely).
Context
- This was a compensation-related award to an outside director (routine retainer payment), not an open-market purchase intended as a personal investment signal. The tax-withholding and fractional-share cash settlement are standard administrative items when stock awards are issued.