{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-007884","form_type":"8-K","ticker":"NGVT","cik":"0001653477","company_name":"Ingevity Corp","filed_at":"2025-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.321967+00:00","generated_at":"2026-05-25T01:36:17.010000+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ingevity appoints David H. Li as CEO; $1.1M base salary, $5M one-time equity award","bullets":["David H. Li appointed President and CEO effective April 7, 2025, succeeding interim CEO Luis Fernandez-Moreno who remains on board.","Mr. Li has over 25 years specialty materials experience, most recently CEO of CMC Materials sold to Entegris in 2022.","Compensation: base salary $1.1M, annual cash target 120% of base, LTIP target 500% of base.","One-time equity award of $5M: $2M PSUs (three-year performance), $1M RSUs (four-year vest), $2M options.","Mr. Li expected to join board after 2025 annual meeting."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-007884","json":"https://secwatch.observer/filing/0001140361-25-007884.json","markdown":"https://secwatch.observer/filing/0001140361-25-007884.md","text":"https://secwatch.observer/filing/0001140361-25-007884.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1653477/000114036125007884/0001140361-25-007884-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1653477/000114036125007884/ef20045156_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T01:36:17.010000+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"14acfc88f1","claim":"David H. Li was appointed as President and Chief Executive Officer at Ingevity Corp.","evidence_excerpt":"On March 10, 2025, Ingevity Corporation (“Ingevity”) announced that its Board of Directors (the “Board”) has appointed David H. Li as President and Chief Executive Officer of Ingevity, effective April 7, 2025","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1653477/000114036125007884/0001140361-25-007884-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"843b688e5e","claim":"Luis Fernandez-Moreno departed as interim President and Chief Executive Officer at Ingevity Corp.","evidence_excerpt":"In connection with Mr. Li’s appointment, Luis Fernandez-Moreno will step down as interim President and Chief Executive Officer of Ingevity as of the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1653477/000114036125007884/0001140361-25-007884-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"interim President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}