Clark Celeste A. 4/A
Research Summary
AI-generated summary
Darling Ingredients (DAR) Director Celeste A. Clark Receives Award
What Happened
- Celeste A. Clark, a director of Darling Ingredients, was granted 1,594 Deferred Stock Units (DSUs) on January 2, 2026. The DSUs were recorded at a per-share closing price of $37.64, for a total value of $59,998. This transaction is an award/grant (not an open-market purchase or sale).
Key Details
- Transaction date and price: 2026-01-02 at $37.64 per share (total $59,998).
- Award type: Deferred Stock Units (DSUs) granted under the 2017 Omnibus Incentive Plan; number of DSUs equals the director’s elected cash compensation converted at the Jan 2 closing price.
- Vesting: DSUs vest in full on December 31, 2026; if the director leaves the board before then, vesting is prorated and unvested DSUs are forfeited.
- Amendment: This filing is an amendment correcting an earlier underreported DSU count due to an administrative error.
- Shares owned after transaction: Not specified in this amended Form 4.
Context
- DSUs are a form of deferred compensation that convert into shares (or equivalent) when they vest or are settled; they are not an immediate open-market purchase and do not directly signal immediate buying pressure.
- Because this was a compensation grant (code A), it’s a routine director award tied to elected cash compensation and the company’s share price at grant date.