Form 4: Darling Ingredients EVP Reports Stock Transactions
Insider Transaction Report
Darling Ingredients' EVP of US Rendering Operations, Brandon Lairmore, reported the acquisition of 8,681 Restricted Stock Units and the disposition of 2,417 common shares for tax purposes.
Summary
- Brandon Lairmore, EVP US Rendering Operations, reported transactions in Darling Ingredients Inc. common stock.
- On January 3, 2026, 2,417 shares of common stock were disposed of at a price of $37.64 per share, likely for tax withholding purposes.
- On January 5, 2026, 8,681 Restricted Stock Units (RSUs) were acquired at a price of $37.56 per share.
- These RSUs were granted under the Darling Ingredients Inc. 2017 Omnibus Incentive Plan and will vest in three equal installments over three years.
- Following these transactions, Brandon Lairmore beneficially owns 36,689 shares of common stock.
- The transactions were made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 7
Explanation: The filing indicates a routine executive compensation event with an RSU award, which is generally positive for aligning management interests with shareholders, offset by a standard tax-related disposition.
Positives
- Acquisition of 8,681 Restricted Stock Units (RSUs) demonstrates continued equity compensation and alignment of executive interests with shareholders.
- The RSU award is part of the company's 2017 Omnibus Incentive Plan, indicating a structured approach to executive compensation.
Negatives
- Disposition of 2,417 shares of common stock, although likely for tax purposes, reduces direct ownership.
Future Outlook
No specific future outlook or guidance is provided in this Form 4.
Industry Context
This filing is an individual insider transaction report and does not provide broader industry context.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Brandon Lairmore granted a Power of Attorney to Nick Kemphaus, Teun Tchornobay, and Bipasha Mukherjee to handle SEC filings (Forms 3, 4, 5, 144) and EDGAR Next account administration on his behalf. | 2025-11-05 | Streamlines the process for executive SEC compliance filings, ensuring timely and accurate reporting of insider transactions. |
Stakeholder Impact
- Shareholders: The RSU award aligns executive incentives with shareholder value creation over the long term due to the vesting schedule. The tax-related disposition is a minor, routine event.
Next Steps
- The acquired RSUs will vest in three installments of 33-1/3% on each of the first three anniversaries of the grant date (January 5, 2026).
Key Dates
| Date | Description |
|---|---|
| 2025-11-05 | Date Power of Attorney was executed by Brandon Lairmore. |
| 2026-01-03 | Date of disposition of 2,417 common shares for tax purposes. |
| 2026-01-05 | Date of acquisition of 8,681 Restricted Stock Units. |
| 2026-01-06 | Date Form 4 was signed by Attorney-in-Fact. |
| 2028-03-18 | Expiration date of Notary Public Limmany Namuonglo's commission. |
Recommendation
holdThis Form 4 details routine insider transactions, specifically an RSU award and a tax-related disposition, which are standard components of executive compensation. These transactions do not indicate any material change in the company's operational performance or strategic direction that would warrant a change in investment recommendation. The RSU award aligns executive interests with long-term shareholder value, reinforcing a 'hold' stance for existing investors.
Keywords
Darling Ingredients, DAR, Insider Trading, Form 4, Restricted Stock Units, RSU, Executive Compensation, Stock Award, Equity Compensation, Brandon Lairmore
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