Form 4: Darling Ingredients EVP John F. Sterling Reports Stock Award and Tax Withholding

John F. Sterling, EVP, Gen. Counsel & Secretary of Darling Ingredients Inc., reports the acquisition of restricted stock units and a disposition of shares for tax withholding.

Summary

• On January 3, 2025, John F. Sterling, EVP, Gen. Counsel & Secretary of Darling Ingredients Inc., reported transactions involving the company's common stock.
• Sterling acquired 10,213 shares of common stock through an award of Restricted Stock Units (RSUs) under the 2017 Omnibus Incentive Plan.
• These RSUs vest in three installments of 33-1/3% on each of the first three anniversaries of the grant date and are settled in shares of common stock.
• Also on January 3, 2025, Sterling disposed of 2,426 shares of common stock at a price of $34.69 for tax withholding purposes.
• Following these transactions, Sterling directly owns 299,800 shares of Darling Ingredients Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects standard executive compensation practices and required disclosures.

Positives

• The award of RSUs to a key executive like John F. Sterling aligns his interests with the long-term performance of Darling Ingredients Inc.

Future Outlook

The RSUs vest over three years, suggesting a continued commitment by the executive to the company's future.

Industry Context

This filing is a routine disclosure related to executive compensation and is common in publicly traded companies. It provides transparency into the equity holdings of key personnel.

Stakeholder Impact

• Shareholders can monitor executive compensation through these filings.
• Employees may be interested in the equity compensation practices of the company.

Key Dates