A Statement of Changes in Beneficial Ownership was filed on September 1, 2026, disclosing that Michael J. Leonard, Senior Vice President, Chief Information Officer and Head of Protein Fortification at Ingredion Inc, received an allocation of phantom stock units under the company's Non-Qualified Deferred Compensation Plan on August 31, 2026.

Key Highlights

  • Reporting person: Michael J. Leonard, SVP, CIO and Head of Protein Fortification at Ingredion Inc (NYSE:INGR)
  • Transaction date: August 31, 2026, with the filing submitted September 1, 2026
  • Units acquired: 33.015 phantom stock units allocated under the Non-Qualified Deferred Compensation Plan
  • Valuation price: $103.46 per unit, based on the closing price of Ingredion common stock on August 31, 2026
  • Resulting ownership: 1,866.963 phantom stock units held directly following the transaction
  • Unit structure: Each phantom stock unit represents the right to receive one share of Ingredion common stock

Ingredion Executive Accumulates Phantom Stock Through Deferred Compensation Allocation

According to the filing, Michael J. Leonard, who serves as Senior Vice President, Chief Information Officer and Head of Protein Fortification at Ingredion Inc, received an acquisition (transaction code A) of 33.015 phantom stock units on August 31, 2026. The units were allocated under Ingredion's Non-Qualified Deferred Compensation Plan, and the filing notes that the allocation was based on the closing price of a share of the issuer's common stock on that date, which was $103.46.

The filing discloses that each phantom stock unit represents the right to receive one share of Ingredion common stock. Following the reported transaction, Leonard's total beneficial ownership of phantom stock units stands at 1,866.963, held directly. Ingredion Inc is a global ingredient solutions company, and Leonard's title indicates involvement in the company's protein fortification business segment alongside his information technology responsibilities. The filing was signed by Michael N. Levy as attorney-in-fact on September 1, 2026.

No non-derivative securities transactions were reported in Table I of the filing. The phantom stock activity was reported exclusively in Table II, which covers derivative securities. The filing was made by one reporting person and is not identified as an amendment to a prior filing.

What Was Disclosed

The filing reported the allocation of 33.015 phantom stock units to Ingredion SVP Michael J. Leonard under the company's Non-Qualified Deferred Compensation Plan, priced at $103.46 per unit, bringing his total phantom stock holdings to 1,866.963 units as of August 31, 2026.