Why did Ingevity Corp director Francis David Segal receive 328 deferred stock units (DSUs) instead of cash fees?

Francis David Segal received 328 vested deferred stock units (DSUs) in lieu of his quarterly director fees, as part of Ingevity Corp’s compensation arrangement for board service. The DSUs were granted at a value of $72.58 per share and are vested immediately, but they will only convert into common shares upon the termination of his board service, in accordance with the company’s deferred compensation and incentive plans.

What is the impact of this DSU grant on Francis David Segal’s direct ownership stake in Ingevity Corp?

This transaction increased Francis David Segal’s direct holdings in Ingevity Corp to 8,612 shares. The 328 DSUs were reported via a Form 4 filing and contribute to that total, though they remain unconverted to common shares until his board service ends.

Ingevity Director Receives 328 DSUs in Lieu of Board Fees

Jul 2, 2026

Ingevity Corp director Francis David Segal was granted 328 vested deferred stock units valued at $72.58 per share in lieu of quarterly fees, increasing his direct holdings to 8,612 shares.

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