Form 4: Darling Ingredients Director Larry Barden Acquires Shares Through Deferred Stock Units
SEC Form 4 Filing
Director Larry Barden acquired 2,915 shares of Darling Ingredients Inc. through deferred stock units (DSUs) on January 2, 2025, at a price of $34.31 per share.
Summary
- On January 2, 2025, Larry Barden, a director of Darling Ingredients Inc., acquired 2,915 shares of common stock through the grant of Deferred Stock Units (DSUs).
- The price of the transaction was $34.31 per share.
- These DSUs were granted under the 2017 Omnibus Incentive Plan.
- The number of shares underlying the DSU award is determined by dividing the annual cash compensation the reporting person elected to receive in DSUs by the closing market price of a share of Darling Ingredients' common stock on January 2, 2025.
- The DSUs vest in full on December 31, 2025, with a prorated vesting schedule if the reporting person ceases to be a director before that date.
- Following the transaction, Barden directly owns 24,991 shares of Darling Ingredients Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of insider trading activity. The director's acquisition of shares could be seen as a slightly positive sign, but it's not a major event.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.
Future Outlook
The document does not contain specific forward-looking statements about the company's future performance, but the vesting of the DSUs on December 31, 2025, suggests a continued commitment by the director to the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it indicates confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of transaction: Acquisition of shares through Deferred Stock Units. |
| 12/31/2025 | Vesting date for the Deferred Stock Units. |
| 01/06/2025 | Date of filing the Form 4. |
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