Schroder Soren 4
Research Summary
AI-generated summary
Darling Ingredients (DAR) Director Soren Schroder Receives DSU Award
What Happened
Soren Schroder, a director of Darling Ingredients, received awards of Deferred Stock Units (DSUs) on 2026-05-07. The filing reports two grant lines totaling 2,911 DSUs: 2,650 DSUs reported at $0.00 (aggregated value $0 in the filing) and 261 DSUs acquired at an implicit price of $37.64 for a reported value of $9,824. These were reported on an SEC Form 4 filed 2026-05-08.
Key Details
- Transaction date: 2026-05-07; Form 4 filed: 2026-05-08 (no indication in the filing that it was late).
- Grant details: 2,650 DSUs (@ $0.00, $0 reported) and 261 DSUs (@ $37.64, $9,824 reported). Total units granted = 2,911 DSUs.
- Vesting: DSUs vest in full on December 31, 2026; if Schroder leaves the board earlier, vesting is prorated and unvested DSUs are forfeited (per footnote).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 explains the DSUs were granted under the 2026 Omnibus Incentive Plan and the unit counts were calculated from prorated cash compensation elected to be received as DSUs (using the 1/2/2026 closing price). F2 describes the vesting and forfeiture terms.
Context
These entries are awards (compensation) rather than open-market purchases or sales. Awards and DSU grants are common board compensation and do not necessarily signal the director buying or selling shares on market. For retail investors, purchases by insiders can be more directly informative; DSU awards are part of routine compensation and are typically subject to vesting conditions.