Ingevity Corp 8-K

What Happened
Ingevity Corporation filed an 8-K (June 24, 2026) reporting that on June 22, 2026 it appointed Ryan Cotterman, age 44, as Vice President, Chief Accounting Officer and principal accounting officer. Mr. Cotterman joins from Ralliant Corporation and previously held senior finance roles at Cornerstone Building Brands and Advance Auto Parts; he is a Certified Public Accountant and holds a B.S. in Accounting from Le Moyne College.

Key Details

• Appointment effective: June 22, 2026 (8-K filed June 24, 2026).
• Compensation: initial base salary $345,000; annual bonus target 40% of base; long-term incentive target 65% of base (commencing 2027).
• One-time sign-on: $40,000 cash; equity: restricted stock units with target grant date value $150,000, vesting over three years.
• No related-person transactions, no family relationship with company officers/directors, and no special arrangements reported under Item 404(a) of Regulation S-K.

Why It Matters
A principal accounting officer plays a key role in financial reporting and controls. Investors should note the change in Ingevity’s accounting leadership ahead of future quarterly and annual filings; the disclosed pay and equity package shows the company’s compensation approach for senior finance hires. There are no reported conflicts or related-party arrangements connected to this appointment.