Jordan Rhonda L 4
Research Summary
AI-generated summary
Ingredion (INGR) Director Rhonda L. Jordan Receives RSU Award
What Happened
Rhonda L. Jordan, an outside director of Ingredion Inc. (INGR), was granted 1,797 restricted stock units (RSUs) on May 20, 2026. The grant is reported at a per-share value of $107.34, for a total reported value of $192,890. This transaction is an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-20; Filing date: 2026-05-22 (filed timely).
- Reported price used for value: $107.34 per share. Total reported value: $192,890.
- Shares acquired: 1,797 RSUs (each RSU settles for one share of common stock when vested).
- Shares owned after transaction: not reported in this Form 4.
- Footnotes:
- The RSUs are part of the outside directors' annual equity retainer under the Ingredion Stock Incentive Plan; the grant covers April 1–May 19, 2026 (partial) and the full 2026 retainer due to the company’s shift in director-compensation timing. RSUs vest on May 19, 2027, subject to acceleration on retirement, death, disability, or a Change in Control.
- The reporting notes RSUs include amounts acquired via deemed dividend reinvestment; such RSUs vest on the same dates as the underlying RSUs.
Context
This is a routine equity award to a non-employee director as part of annual compensation and should be viewed as compensation, not a market-timing purchase. RSUs represent future stock delivery if vesting conditions are met; no shares were sold or exercised in this filing.