Form 4: Darling Ingredients Inc. Executive Joseph Manzi Reports Stock Award and Tax Withholding

Chief Accounting Officer Joseph Manzi of Darling Ingredients Inc. reports the acquisition of restricted stock units and a disposition of shares for tax withholding.

Summary

• On January 3, 2025, Joseph Manzi, Chief Accounting Officer of Darling Ingredients Inc., reported transactions involving the company's common stock.
• Manzi acquired 3,719 shares of common stock through an award of Restricted Stock Units (RSUs) under the company's 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, 543 shares were disposed of at a price of $34.69 for tax withholding purposes.
• Following these transactions, Manzi beneficially owns 14,745 shares of Darling Ingredients Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects standard executive compensation practices and tax obligations. There are no indications of unusual or concerning activity.

Positives

• The RSU award indicates continued investment in the company's leadership.

Future Outlook

The vesting schedule of the RSUs implies a multi-year alignment of the executive's interests with the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their alignment with shareholder interests.

Key Dates