van der Velden Jan 4
Research Summary
AI-generated summary
Darling Ingredients (DAR) EVP Jan van der Velden Receives Award; Withholds Shares
What Happened Jan van der Velden, EVP, International Rendering & Specialties at Darling Ingredients (DAR), received 14,803 performance shares that vested on March 9, 2026 (code A). To satisfy tax withholding, 7,328 of those shares were surrendered/disposed at $51.92 each for a withholding value of $380,470 (code F). The net increase in his holdings from this vesting was 7,475 shares.
Key Details
- Transaction dates: vesting and withholding both recorded for 2026-03-09; Form 4 filed 2026-03-10 (timely).
- Awarded/Acquired: 14,803 shares (performance shares vested) — reported at $0.00 acquisition price per Form 4 (code A).
- Withheld/Disposed: 7,328 shares withheld to cover tax liability at $51.92 each, total $380,470 (code F).
- Net shares added to beneficial ownership: 7,475 shares (14,803 vested minus 7,328 withheld).
- Footnote: F1 — these were performance shares related to the 2023–2025 performance period that vested upon completion of the period.
- Shares owned after transaction: not specified in the provided filing details.
Context
- This was a vesting of performance-based equity, not an open-market purchase or a discretionary sale; the disposition was a standard tax-withholding (cashless-like) action and does not necessarily signal a change in insider sentiment.
- Codes: A = award/acquisition on vesting; F = shares withheld to satisfy tax obligations. The filing appears timely (filed one day after the March 9 transaction).