Barden Larry 4

What Happened

• Larry Barden, a director of Darling Ingredients, received an award of deferred stock units (DSUs) on 2026-05-07. The Form 4 reports two line items: 2,650 DSUs (reported at $0.00 per unit) and 261 shares/units acquired at $37.64 each (total value $9,824). The transaction type is an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: May 7, 2026; filing date: May 8, 2026 (filed one day later).
• Reported items: 2,650 DSUs @ $0.00 and 261 units @ $37.64 (261 × $37.64 = $9,824).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Plan and vesting: DSUs granted under the 2026 Omnibus Incentive Plan. Per footnotes, the 2,650 DSUs reflect a prorated cash compensation election converted to DSUs (F1). The DSUs vest in full on December 31, 2026, but will vest only pro rata if the director leaves before that date; unvested DSUs are forfeited (F2).
• Transaction code: A = Award/Grant. This is deferred compensation, not an immediate cash transaction.

Context

• DSUs are a form of deferred equity compensation: they represent the right to receive shares (or equivalent value) later subject to vesting and forfeiture rules. They are not an immediate market buy or sell, so they do not directly indicate a current bullish or bearish trading action.