DPC Holdings Ltd·4

Jun 26, 4:06 PM ET

Charles Dirkson R 4

4 · DPC Holdings Ltd · Filed Jun 26, 2026

Research Summary

AI-generated summary of this filing

Updated

DPC Holdings Director Charles Dirkson Buys ~1.12M Shares

What Happened

  • Charles Dirkson R, a director of DPC Holdings Ltd (DPC), made sizable purchases and received IPO‑related equity awards. On 2026-06-26 he acquired 903,448 shares and 212,121 shares at $33.00 each (total 1,115,569 shares) for $36,813,777 in cash. He also received 23,797 fully vested shares on 2026-06-26 (no cash paid) and multiple awards on 2026-06-24 totaling 264,336 derivative shares/options (no cash paid).

Key Details

  • Transaction dates and prices:
    • 2026-06-26: Open-market/private purchases — 903,448 @ $33.00 ($29,813,784) and 212,121 @ $33.00 ($6,999,993).
    • 2026-06-26: Award — 23,797 shares @ $0.00 (fully vested matching grant).
    • 2026-06-24: Awards (derivative option grants) — multiple entries totaling 264,336 shares/options @ $0.00.
  • Total cash invested in purchases: $36,813,777.
  • Total shares/awards received (cash and non‑cash): ~1,403,702 (1,115,569 purchased + 288,133 awards/options).
  • Shares owned after the transactions: not specified in the filing.
  • Relevant footnotes:
    • F1: Some ordinary shares were acquired via a directed share program and reinvestment tied to the Management Incentive Plan (MIP).
    • F2: The 23,797 shares are fully vested matching shares under the Equity Incentive Plan.
    • F3: Some shares were acquired in a private placement concurrent with the IPO.
    • F4: Certain securities are held by 113 Spring Leaf, LLC, wholly owned by Mr. Dirkson.
    • F5/F6: The 6/24 derivative entries reflect option grants (IPO Grants and MIP Recognition Grants) under the Equity Incentive Plan.
  • Filing timeliness: Form 4 filed 2026-06-26 covering transactions dated 2026-06-24 and 2026-06-26; filing appears timely.

Context

  • The 6/24 entries are derivative awards (option grants), not exercises — these are grants of options/award rights tied to the IPO and MIP recognition.
  • The 6/26 cash purchases (and a private placement/direct purchase) are outright purchases — purchases are often viewed by investors as more informative than routine awards.
  • These transactions relate to the company’s IPO and associated director/management programs; they reflect participation in directed share programs, matching awards, private placement activity, and option grants rather than secondary market selling.

Insider Transaction Report

Form 4
Period: 2026-06-24
Transactions
  • Purchase

    Ordinary Shares

    [F1]
    2026-06-26$33.00/sh+903,448$29,813,784903,448 total
  • Award

    Ordinary Shares

    [F2]
    2026-06-26+23,797927,245 total
  • Purchase

    Ordinary Shares

    [F3][F4]
    2026-06-26$33.00/sh+212,121$6,999,993511,466 total(indirect: By LLC)
  • Award

    Share Options (right to buy)

    [F5]
    2026-06-24+20,82920,829 total
    Exercise: $33.00From: 2027-06-24Exp: 2036-06-24Ordinary Shares (20,829 underlying)
  • Award

    Share Options (right to buy)

    [F5]
    2026-06-24+20,82920,829 total
    Exercise: $36.30From: 2028-06-24Exp: 2036-06-24Ordinary Shares (20,829 underlying)
  • Award

    Share Options (right to buy)

    [F5]
    2026-06-24+20,82920,829 total
    Exercise: $39.93From: 2029-06-24Exp: 2036-06-24Ordinary Shares (20,829 underlying)
  • Award

    Share Options (right to buy)

    [F5]
    2026-06-24+20,82920,829 total
    Exercise: $43.92From: 2030-06-24Exp: 2036-06-24Ordinary Shares (20,829 underlying)
  • Award

    Share Options (right to buy)

    [F5]
    2026-06-24+20,83020,830 total
    Exercise: $48.31From: 2031-06-24Exp: 2036-06-24Ordinary Shares (20,830 underlying)
  • Award

    Share Options (right to buy)

    [F6]
    2026-06-24+160,190160,190 total
    Exercise: $33.00From: 2026-06-24Exp: 2036-06-24Ordinary Shares (160,190 underlying)
Footnotes (6)
  • [F1]Reflects ordinary shares acquired through a directed share program conducted in connection with the Issuer's initial public offering and consists of (i) shares purchased under the Director Share Program pursuant to the DPC Holdings Limited 2026 Equity Incentive Plan (the "Equity Incentive Plan") and (ii) shares acquired to reinvest in the Issuer using after-tax proceeds from the Management Incentive Plan (the "MIP").
  • [F2]Reflects fully vested ordinary shares granted pursuant to the Equity Incentive Plan as a matching grant related to shares purchased under the Director Share Program as described in footnote 1.
  • [F3]Reflects ordinary shares acquired from the Issuer in connection with a private placement occurring concurrently with the Issuer's initial public offering.
  • [F4]These securities are owned directly by 113 Spring Leaf, LLC, which is wholly owned by Mr. Charles.
  • [F5]Reflects share options granted pursuant to the Equity Incentive Plan in connection with the closing of the Issuer's initial public offering (the "IPO Grants").
  • [F6]Reflects share options granted pursuant to the Equity Incentive Plan in connection with the closing of the Issuer's initial public offering and an amendment to the Issuer's MIP (the "MIP Recognition Grants").
Signature
/s/ Helen Barrett-Hague, Attorney-in-Fact for Dirkson Charles|2026-06-26

Documents

1 file
  • 4
    tm2619058-3_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT