EVP General Counsel John F. Sterling sold 35,000 DAR shares at $31.13; stock down 25.6% from 52-week high with -15.8% annual revenue decline.
Sterling sold 35,000 shares (11.2% of his pre-transaction holdings) for $1,089,550.00 at $31.13 per share, leaving him with 276,473 shares. The transaction occurred as DAR trades 25.6% below its 52-week high of $43.05 and the company faces significant headwinds: annual revenue declined 15.8% year-over-year to $1,481,518,000.00, while net income fell sharply to $12,661,000.00 with a P/E of 47.84. The stock has also declined 12.8% over the past 30 days and 9.3% over 90 days. Without additional context on whether this sale was pre-planned or discretionary, the transaction's significance is tempered by the absence of a clear pattern or disclosed motivation.