Magro Charles V. 4

What Happened

• Charles V. Magro, a director of Ingredion Inc., was granted 265 phantom stock units on June 30, 2026. The filing records the award at $94.71 per unit, for an aggregate value of $25,098. This transaction is recorded as an award/grant (code A) of a derivative security, not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-06-30 at $94.71 per unit
• Units/shares granted: 265 phantom stock units; aggregate value $25,098
• Security type: Derivative (phantom stock units); transaction code A (award/grant)
• Footnote: The units represent phantom stock allocated under the company’s Non‑Qualified Deferred Compensation Plan based on the June 30, 2026 closing price; each unit represents the right to receive one share of common stock (F1)
• Shares owned after transaction: Not disclosed in the provided filing details
• Timeliness: Filed 2026-07-01 for a 2026-06-30 transaction (filing appears timely)

Context

• Phantom stock units are a form of deferred compensation that track share value and typically convert to stock or cash later under plan rules; they are not an immediate market purchase and do not directly signal buying or selling intent. This award appears to reflect routine director compensation rather than a trade.