Ingredion (INGR) SVP Michael J. Leonard Receives Phantom Stock Award

What Happened Michael J. Leonard, Senior Vice President, Chief Investment Officer & Head of Protection Fort. at Ingredion, was granted 32.47 phantom stock units on August 14, 2026. The units were valued at $105.20 each (closing price) for an aggregate value of approximately $3,416. This filing reports an award/acquisition (code A) of derivative units rather than a market purchase or sale.

Key Details

• Transaction date: 2026-08-14; Filing date (Form 4): 2026-08-17.
• Units received: 32.47 phantom stock units at $105.20 per unit; total value ≈ $3,416.
• Transaction type: Award/grant (derivative phantom stock units), reporting code A.
• Shares owned after transaction: Not specified in the provided filing data.
• Footnote: F1 — Units are phantom stock allocated under the Non‑Qualified Deferred Compensation Plan; each unit represents the right to receive one common share and was valued using the issuer’s Aug 14, 2026 closing price.

Context Phantom stock units are a deferred compensation award that typically entitles the holder to receive shares or cash tied to the company’s stock value at a later date; they are not shares acquired on the open market. This report documents an award allocation (a compensation-related grant), not a sale or immediate transfer of shares.