Form 4: Seip David Eric reports acquisition/exercise transactions in INGR
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seip David Eric reported acquisition or exercise transactions in a Form 4 filing for INGR. The filing lists transactions totaling 10 shares at a weighted average price of $118.31 per share. Following the reported transactions, holdings were 12,609 shares.
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 | 10.477 | $118.31 | $1K |
Holdings After Transaction:
Phantom Stock — 12,609.487 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did INGR executive David Eric Seip report?
David Eric Seip reported receiving 10.477 phantom stock units on February 13, 2026. The award was made under a Non-Qualified Deferred Compensation Plan and is linked to Ingredion’s common stock value, rather than representing an immediate market purchase of shares.
How many phantom stock units does INGR’s David Eric Seip now hold?
After the February 13, 2026 award, David Eric Seip beneficially owns 12,609.4871 phantom stock units. These derivative units each correspond to one share of Ingredion common stock and are held as part of his deferred compensation, not as currently issued stock.
What is phantom stock in the context of INGR’s Form 4 filing?
In this filing, phantom stock refers to units credited under a Non-Qualified Deferred Compensation Plan. Each unit tracks the value of one Ingredion common share and represents a future right to receive stock, rather than an immediate outright share ownership position today.
At what price were the new INGR phantom stock units referenced?
The 10.477 phantom stock units were allocated using a closing price reference of $118.31 per share on February 13, 2026. This price determines how many units are credited under the plan, but does not reflect an open-market stock purchase by the executive.
Is the INGR phantom stock grant to David Eric Seip a market buy or sale?
No, the reported transaction is an acquisition of phantom stock units as a grant under a Non-Qualified Deferred Compensation Plan. It is categorized as a derivative award, not an open-market buy or sell of Ingredion common stock by the executive.
What role does David Eric Seip hold at Ingredion Inc (INGR)?
David Eric Seip serves as Senior Vice President, Global Operations and Chief Supply Chain Officer at Ingredion Inc. His Form 4 filing reports compensation-related phantom stock units, reflecting part of his long-term incentive and deferred compensation structure.