Dudley Sandra 4

What Happened
Sandra Dudley, EVP & Chief Strategy Officer of Darling Ingredients (DAR), received 11,555 shares on 2026-03-09 upon vesting of performance shares for the 2023–2025 period. To satisfy tax withholding, 4,547 shares were surrendered/disposed at $51.92 per share, totaling $236,080. The award was reported at $0 acquisition price (standard for vested equity).

Key Details

• Transaction dates: 2026-03-09 (award and tax withholding); Form 4 filed 2026-03-10 (next business day).
• Award: 11,555 shares acquired (code A) at $0.00.
• Tax withholding/disposition: 4,547 shares disposed (code F) at $51.92 = $236,080.
• Net shares retained from the vesting: 11,555 − 4,547 = 7,008 shares.
• Shares owned after transaction: Not specified on the reported Form 4.
• Footnote: F1 — shares were received upon vesting of performance shares for the 2023–2025 performance period.
• Filing timeliness: Filed the day after the transaction (appears timely).
• Note on disposition: Code F indicates shares were surrendered/withheld to cover tax liability, not an open-market sale.

Context
This was a standard equity vesting event (performance shares) with shares withheld to cover taxes (a common, administrative transaction). Such withholdings are routine and do not necessarily indicate insider sentiment about the stock.