February 13, 2024 · Form 4 insider transaction
Ritchie Robert A. bought 1,829 shares of Ingredion Incorporated at $108.38 per share, a transaction worth $198.2K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
These are restricted stock units ("RSUs") issued under the Ingredion Incorporated Stock Incentive Plan. The RSUs may be settled only in shares of common stock (one share per RSU) and will vest on February 13, 2027. In the event of termination of employment due to (a) death (b) disability or (c) retirement (as defined in the grant agreement), the RSUs will vest on a pro-rata basis. Notwithstanding the foregoing, in the event of Retirement on or after February 13, 2025, the RSUs shall continue to vest in accordance with the vesting schedule.