Sanders Nick 4

What Happened

• Nick Sanders, a director of DPC Holdings Ltd (DPC), made significant purchases and received multiple equity awards around the company's IPO closing. On 2026-06-26 he bought 288,213 ordinary shares in an open-market or directed purchase at $33.00 each for $9,511,029, and an additional 6,030 shares at $33.00 for $198,990. He also received zero-price equity awards and derivative grants totaling 248,000 shares (various grants dated 2026-06-24 and 2026-06-26). Total disclosed acquired in this filing: 542,243 shares (purchases + awards), with cash purchases totaling about $9.71M.

Key Details

• Transaction dates & prices:
  • Purchases: 288,213 shares @ $33.00 on 2026-06-26 ($9,511,029) and 6,030 shares @ $33.00 on 2026-06-26 ($198,990).
  • Awards/derivative grants: 248,000 shares granted at $0.00 on 2026-06-24 and 2026-06-26 (see footnotes below for types).
• Aggregate from this filing: 294,243 purchased shares (~$9.71M) + 248,000 awarded/derivative shares = 542,243 shares.
• Footnote highlights:
  • F1/F3: Purchases include director share program and private placement tied to the IPO and MIP reinvestment.
  • F2: Some awarded shares are matching grants tied to director purchases.
  • F5/F6: Some grants are stock options (IPO Grants and MIP Recognition Grants).
  • F4: 127,989 shares noted are held by Walther Investments Limited; Mr. Sanders is a director of that entity and disclaims beneficial ownership except to the extent of any pecuniary interest.
• Shares owned after the transactions are not specified in the summary data provided.
• Filing: Report filed 2026-06-26 covering transactions on 2026-06-24 and 2026-06-26; no late-filing indication in the information provided.

Context

• Purchases are outright acquisitions (P) and are often watched by investors as a stronger signal of insider demand than awards/grants, which are typically part of compensation or IPO-related programs. The zero-price entries (A) represent awards/grants or option grants—not exercises of options for cash—and do not reflect a cash outlay by the insider. The report also includes shares owned via an entity (Walther Investments Limited), where Mr. Sanders disclaims direct beneficial ownership except as noted.