Form 4: Darling Ingredients Inc. Executive Joseph Manzi Reports Stock Transactions
SEC Form 4 Filing
Chief Accounting Officer Joseph Manzi reports acquisition of shares through vesting and disposition of shares to cover tax obligations.
Summary
- On March 4, 2024, Joseph Manzi, Chief Accounting Officer of Darling Ingredients Inc., acquired 3,624 shares of common stock upon the vesting of performance shares related to the 2021-2023 performance period.
- Also on March 4, 2024, Manzi disposed of 883 shares of common stock at a price of $42.81 per share.
- Following these transactions, Manzi beneficially owns 11,569 shares of Darling Ingredients Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of shares available in the market.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of stock acquisition and disposition. |
| 03/06/2024 | Date of signature on the Form 4 filing. |
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