8-K
filed May 23, 2023, 7:59 PM ET
ticker INGR
CIK 0001046257
other material
confidence high
sentiment neutral
materiality 0.55
Ingredion shareholders approve 2023 Stock Incentive Plan; elect 12 directors
Ingredion Inc
- Plan authorizes up to 3.1M new shares plus shares remaining from prior plan for equity awards.
- All 12 director nominees elected; including David B. Fischer, Paul Hanrahan, James P. Zallie.
- Advisory say-on-pay approved with 52.1M for vs 2.3M against; board sets annual frequency.
- Ratification of KPMG as auditor (57.6M for) and exclusive forum bylaw approved (42.2M for).
- Effective May 19, 2023; plan includes options, SARs, restricted stock, performance shares.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Ingredion Inc shareholders approved Proposal 1: Election of 12 directors named in the proxy statement.
- Proposal
- director election
- Outcome
- passed
Exact text from the filing
Proposal 1 The holders of the outstanding shares of the Company's common stock elected to the Board of Directors of the Company each of the 12 nominees specified in the 2023 proxy statement, based on the following numbers of votes: Name For Against Abstentions Broker Non-Votes David B. Fischer 53,883,764 602,221 89,934 4,119,283 Paul Hanrahan 53,374,995 1,135,693 65,231 4,119,283 Rhonda L. Jordan 53,595,215 910,500 70,204 4,119,283 Gregory B. Kenny 52,704,018 1,801,343 70,558 4,119,283 Charles V. Magro 54,188,626 312,129 75,164 4,119,283 Victoria J. Reich 53,538,742 960,254 76,923 4,119,283 Catherine A. Suever 54,262,723 238,583 74,613 4,119,283 Stephan B. Tanda 54,065,007 434,354 76,558 4,119,283 Jorge A. Uribe 54,063,790 437,443 74,686 4,119,283 Patricia Verduin 54,402,603 81,005 92,311 4,119,283 Dwayne A. Wilson 43,470,498 11,035,335 70,086 4,119,283 James P. Zallie 54,185,761 321,254 68,904 4,119,283
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Ingredion Inc shareholders approved Proposal 4: Ratification of KPMG LLP as independent auditor at the 2023-12-31 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-12-31
Exact text from the filing
Proposal 4 The holders of the outstanding shares of the Company's common stock ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the Company's fiscal year ending December 31, 2023, based on the following numbers of votes: For Against Abstentions 57,550,549 1,086,637 58,016 There were no broker non-votes with respect to this proposal.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Ingredion Inc shareholders approved Proposal 3: Advisory vote on frequency of say-on-pay votes.
- Proposal
- say on pay frequency
- Outcome
- passed
Exact text from the filing
Proposal 3 The holders of the outstanding shares of the Company's common stock designated, by an advisory vote, "every one year" as the frequency with which the Company should hold an advisory vote by stockholders to approve the compensation of the Company's named executive officers, based on the following numbers of votes: Every one year Every two years Every three years Abstention Broker Non-Votes 51,602,630 60,702 2,863,228 49,359 4,119,283
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Ingredion Inc shareholders approved Proposal 2: Advisory approval of named executive officer compensation.
- Proposal
- say on pay
- Outcome
- passed
Exact text from the filing
Proposal 2 The holders of the outstanding shares of the Company's common stock approved, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the 2023 proxy statement, based on the following numbers of votes: For Against Abstentions Broker Non-Votes 52,112,372 2,328,169 135,378 4,119,283
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Ingredion Inc shareholders approved Proposal 5: Approval and ratification of bylaw requiring exclusive forum for certain legal actions.
- Proposal
- charter amendment
- Outcome
- passed
Exact text from the filing
Proposal 5 The holders of the outstanding shares of the Company's common stock approved and ratified a Company bylaw requiring an exclusive forum for certain legal actions, based on the following numbers of votes: For Against Abstentions Broker Non-Votes 42,206,456 12,268,302 101,161 4,119,283
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Ingredion Inc shareholders approved Proposal 6: Approval of Ingredion Incorporated 2023 Stock Incentive Plan.
- Proposal
- equity plan
- Outcome
- passed
Exact text from the filing
Proposal 6 The holders of the outstanding shares of the Company's common stock approved the Ingredion Incorporated 2023 Stock Incentive Plan, based on the following numbers of votes: For Against Abstentions Broker Non-Votes 41,721,804 12,763,489 90,626 4,119,283
View on SEC.gov
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