secwatch.observer — SEC 8-K summary
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Issuer:     Ingevity Corp (NGVT)
CIK:        0001653477
Form:       8-K
Filed at:   2022-02-23T23:59:59+00:00
Accession:  0001653477-22-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q4 net sales $336M (+3.2%); FY net sales $1.4B (+14.4%); FY22 guidance sales $1.525-1.60B
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- Q4 diluted EPS $0.74; adjusted EPS $0.78; FY diluted EPS $2.95 (includes $85M litigation charge impact of $1.63); adjusted EPS $5.23 (+7.2%).
- FY adjusted EBITDA $422.2M (+6.1%), margin 30.3%; operating cash flow $293M, free cash flow $189.2M.
- FY 2022 guidance: net sales $1.525-1.60B and adjusted EBITDA $430-460M.
- EVP Michael P. Smith retiring March 1, 2022; consulting agreement through Feb 2024 with $1,000/day fee and stock-based compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653477/000165347722000005/0001653477-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653477/000165347722000005/ngvt-20220223.htm
  HTML page:      https://secwatch.observer/filing/0001653477-22-000005

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