Magro Charles V. 4
Research Summary
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Ingredion (INGR) Director Charles V. Magro Receives RSU Award
What Happened Charles V. Magro, an outside director of Ingredion Inc. (INGR), was granted 1,797 restricted stock units (RSUs) on May 20, 2026. The RSUs are valued at $107.34 each, for a total grant value of $192,890. This award was issued under the company's Stock Incentive Plan as part of the outside directors' 2026 equity retainer and is reported as an acquisition (grant).
Key Details
- Transaction date and price: May 20, 2026; 1,797 RSUs at $107.34 per share (total $192,890).
- Vesting: RSUs vest on May 19, 2027; may be accelerated upon the director's retirement, death, disability, or a Change in Control.
- Settlement: RSUs will be settled only in shares of Ingredion common stock (one share per RSU).
- Footnotes: Grant covers a partial period (Apr 1–May 19, 2026) plus the full 2026 annual retainer reflecting a shift to a meeting-aligned cycle. Includes deemed dividend reinvestment RSUs, which vest when their parent RSUs vest.
- Shares owned after transaction: Not specified in the filing.
- Timeliness: Filed May 22, 2026 for a May 20, 2026 grant — appears timely under Form 4 reporting rules.
Context This is a routine director compensation grant (award of RSUs) rather than an open-market purchase or sale. For retail investors, such grants generally reflect standard non-employee director pay and do not by themselves indicate insider buying or selling sentiment.