Cotterman Ryan Joseph 4

What Happened Ryan Joseph Cotterman, VP and Chief Accounting Officer of Ingevity Corporation (NGVT), was granted 2,063 restricted stock units (RSUs) effective June 22, 2026. The award is reported at $0.00 per unit (transaction code A) on the Form 4 — an equity grant rather than a market purchase or sale. The Form 4 records no immediate cash value; any value to the holder depends on Ingevity’s share price when the RSUs vest.

Key Details

• Transaction date: June 22, 2026; Form filed: June 24, 2026 (filed within typical two-business-day window).
• Transaction type/code: A (grant/award).
• Amount: 2,063 RSUs; reported price: $0.00.
• Vesting: three equal installments on June 22, 2027, June 22, 2028, and June 22, 2029 (per footnote).
• Plan: Ingevity Corporation 2025 Omnibus Incentive Plan, as amended.
• Shares owned after transaction: Not specified in the filing.

Context RSU grants are standard executive compensation to align employees with shareholder interests; they convert to actual shares only as they vest (no immediate sale implied). Such awards are routine and should be interpreted as compensation rather than a direct bullish or bearish trading signal.