Leonard Michael J 4
4 · Ingredion Inc · Filed Jul 16, 2026
Research Summary
AI-generated summary of this filing
Ingredion SVP Michael J. Leonard Receives Phantom Stock Award
What Happened
Michael J. Leonard, SVP, CIO & Head of Prot. Fort. at Ingredion (INGR), was granted 34.444 phantom stock units on July 15, 2026. The units were valued at $99.17 each based on the July 15 closing price, for an aggregate value of approximately $3,416. This grant is reported as an award/acquisition (derivative).
Key Details
- Transaction date: 2026-07-15; Form 4 filed: 2026-07-16 (filed the next day).
- Grant type/code: A (award/grant); instrument: phantom stock units (derivative).
- Units granted: 34.444; price used for valuation: $99.17; aggregate value: ~$3,416.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: Units are phantom stock under the Non-Qualified Deferred Compensation Plan; each unit represents the right to receive one share of common stock based on the July 15, 2026 closing price.
Context
Phantom stock units are a deferred compensation award that typically convert to shares or cash later and do not represent immediate ownership of common stock. This is an award granted by the company (not an open-market purchase or sale) and does not, by itself, indicate trading intent. The filing appears timely based on the reported dates.
Insider Transaction Report
- Award
Phantom Stock
[F1]2026-07-15$99.17/sh+34.444$3,416→ 1,753.29 total→ Common Stock (34.444 underlying)
Footnotes (1)
- [F1]Represents the aggregate number of shares of phantom stock allocated to the reporting person under the Non-Qualified Deferred Compensation Plan as of the date hereof based on the closing price of a share of the issuer's Common Stock on July 15, 2026. Each phantom stock unit represents the right to receive one share of common stock.