Verduin Patricia 4
Research Summary
AI-generated summary
Ingredion (INGR) Director Patricia Verduin Receives Award — 1,797 RSUs
What Happened
Patricia Verduin, an outside director of Ingredion Inc., was granted 1,797 restricted stock units (RSUs) on May 20, 2026, at a per-share value of $107.34, totaling $192,890. This was a compensation grant (transaction code A) under the Ingredion Incorporated Stock Incentive Plan and not an open-market purchase or sale.
Key Details
- Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (timely).
- Grant: 1,797 RSUs @ $107.34 per share; aggregate value $192,890.
- Vesting/settlement: RSUs vest on May 19, 2027 and will be settled only in common stock (one share per RSU).
- Purpose: Covers Apr 1–May 19, 2026 portion plus the full 2026 annual equity retainer reflecting the company’s shift to a 12‑month director compensation cycle.
- Acceleration: Committee may accelerate vesting upon retirement, death, disability, or a Change in Control.
- Shares owned after transaction: Not disclosed in this filing.
Context
RSUs are deferred-compensation awards that convert to shares at vesting; they reflect director pay/retention rather than an immediate market view. This filing documents routine equity-based director compensation rather than trading activity.