David Eric Seip, Senior Vice President of Global Operations and Chief Supply Chain Officer at Ingredion Inc, filed a statement of changes in beneficial ownership on September 1, 2026, disclosing an acquisition of phantom stock units under the company's Non-Qualified Deferred Compensation Plan dated August 31, 2026.

Key Highlights

  • Reporting person: David Eric Seip, identified as SVP, Global Ops and CSCO of Ingredion Inc (NYSE:INGR)
  • Security acquired: 16.881 phantom stock units allocated under the Non-Qualified Deferred Compensation Plan
  • Transaction date: August 31, 2026, with the filing submitted September 1, 2026
  • Valuation basis: Units were allocated based on the closing price of Ingredion common stock of $103.46 on August 31, 2026
  • Total phantom stock held: 13,411.3751 units beneficially owned following the reported transaction, held directly
  • Unit structure: Each phantom stock unit represents the right to receive one share of Ingredion common stock

Ingredion Executive's Phantom Stock Allocation Under Deferred Compensation Plan

According to the filing, David Eric Seip, who serves as Senior Vice President of Global Operations and Chief Supply Chain Officer at Ingredion Inc, acquired 16.881 phantom stock units on August 31, 2026. The transaction was recorded under Table II as a derivative security acquisition, coded "A" for acquired. Ingredion Inc is a global ingredient solutions company listed on the New York Stock Exchange under the ticker INGR.

The filing discloses that the phantom stock units were allocated under Ingredion's Non-Qualified Deferred Compensation Plan. The allocation was calculated using the closing price of a share of the company's common stock on August 31, 2026, which the filing states was $103.46. The filing notes that the phantom stock carries no listed exercise price or expiration date, and each unit confers the right to receive one share of Ingredion common stock upon settlement.

Following the reported transaction, Seip's total beneficial ownership of phantom stock units stood at 13,411.3751, held in direct form, according to the filing. The document was signed by Michael N. Levy, identified as attorney-in-fact, on September 1, 2026. No non-derivative securities were reported as acquired, disposed of, or changed in Table I of the filing.

What Was Disclosed

The filing reported a single derivative security transaction in which Seip received 16.881 phantom stock units under Ingredion's Non-Qualified Deferred Compensation Plan, bringing his total direct holdings of such units to 13,411.3751 as of August 31, 2026.