Ingredion (INGR) SVP Seip receives 388.9090 phantom stock units as award
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Seip David Eric reported acquisition or exercise transactions in this Form 4 filing.
Ingredion Inc executive David Eric Seip, SVP Global Operations and CSCO, received a grant of 388.9090 phantom stock units on March 6, 2026. The award was allocated under the Non-Qualified Deferred Compensation Plan based on the $114.8300 closing price of Ingredion common stock that day.
Each phantom stock unit represents the right to receive one share of common stock. Following this compensation grant, Seip holds a total of 13009.5821 phantom stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seip David Eric
Role
SVP, Global Ops and CSCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 388.909 | $114.83 | $45K |
Holdings After Transaction:
Phantom Stock — 13,009.582 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Ingredion (INGR) report for David Eric Seip?
Ingredion reported that SVP David Eric Seip received a grant of 388.9090 phantom stock units. The award was made on March 6, 2026 under the Non-Qualified Deferred Compensation Plan as part of his compensation.
How many phantom stock units does the Ingredion (INGR) executive hold after this award?
After the reported grant, David Eric Seip holds a total of 13009.5821 phantom stock units. This figure reflects his aggregate phantom stock balance under the Non-Qualified Deferred Compensation Plan as of March 6, 2026.
At what price were the new Ingredion (INGR) phantom stock units allocated?
The 388.9090 phantom stock units were allocated using a reference price of $114.8300 per share. This amount equals the closing price of Ingredion common stock on March 6, 2026, as used for the plan’s calculation.
What does phantom stock represent in the Ingredion (INGR) filing?
Each Ingredion phantom stock unit represents the right to receive one share of common stock. The units are part of a non-qualified deferred compensation arrangement rather than an immediate cash payment or open-market stock purchase.
Was the Ingredion (INGR) Form 4/A transaction a market buy or sell?
The reported transaction was a compensation grant, not an open-market buy or sell. Transaction code A shows an award of phantom stock units to the executive under the company’s Non-Qualified Deferred Compensation Plan.
Which Ingredion (INGR) executive is involved in this Form 4/A phantom stock grant?
The transaction involves David Eric Seip, who serves as Senior Vice President, Global Operations and Chief Supply Chain Officer. He received an additional 388.9090 phantom stock units as part of his compensation package.