Form 4: Darling Ingredients Inc. Executive Joseph Manzi Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Joseph Manzi, Chief Accounting Officer of Darling Ingredients Inc., reports acquisition and disposal of common stock following vesting of performance shares.
Summary
- On March 3, 2025, Joseph Manzi, the Chief Accounting Officer of Darling Ingredients Inc., reported changes in his beneficial ownership of the company's common stock.
- Manzi acquired 3,189 shares of common stock upon the vesting of performance shares related to the performance period from 2022 to 2024 at a price of $0.
- He also disposed of 838 shares to cover tax obligations at a price of $34.42 per share.
- Following these transactions, Manzi beneficially owns 17,096 shares of Darling Ingredients Inc. common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation.
Positives
- The acquisition of shares indicates confidence in the company's performance over the 2022-2024 period.
Negatives
- The disposal of shares, while for tax obligations, slightly reduces Manzi's stake in the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: acquisition of 3,189 shares and disposal of 838 shares. |
| 03/05/2025 | Date of signature for the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.