Form 4: Darling Ingredients EVP Rick Elrod Reports Stock Transactions
SEC Form 4 Filing
Rick Elrod, EVP of US Rendering Operations at Darling Ingredients, reports the acquisition and disposal of common stock on March 4, 2024, following the vesting of performance shares.
Summary
- On March 4, 2024, Rick Elrod, EVP of US Rendering Operations at Darling Ingredients, reported transactions involving the company's common stock.
- Elrod acquired 14,049 shares of common stock upon the vesting of performance shares related to the performance period from 2021 to 2023 at $0.
- Simultaneously, Elrod disposed of 6,091 shares at a price of $42.81.
- Following these transactions, Elrod beneficially owns 154,169 shares of Darling Ingredients common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The vesting of performance shares indicates that performance goals were met during the 2021-2023 period.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of stock acquisition and disposal transactions. |
| 03/06/2024 | Date of signature on the Form 4 filing. |
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