DARLING INGREDIENTS INC. (DAR) SEC Filings, May-Aug 2026

Darling Ingredients Inc. filed to sell common stock under Rule 144. The planned transaction involves 1,591 shares of common stock through Charles Schwab & Co., Inc., with an aggregate market value of $100,312.55, listed on the NYSE. The filing also lists prior employee stock award-related share activity in recent periods.

Darling Ingredients Inc. reported much stronger results for the quarter and six months ended July 4, 2026. Q2 total net sales were $1,724,078 (in thousands), up from $1,481,518 (in thousands) a year earlier, and net income attributable to Darling rose to $387,312 (in thousands), or $2.41 diluted EPS, from $0.08.

For the first half of 2026, total net sales reached $3,274,899 (in thousands) and net income attributable to Darling was $521,625 (in thousands), compared with a $13,499 (in thousands) loss in the prior-year period; diluted EPS was $3.24. Results include significant equity in net income from the Diamond Green Diesel joint venture of $457,393 (in thousands) for the first six months, versus a $24,523 (in thousands) loss a year earlier.

Net cash provided by operating activities for the first half increased to $686,455 (in thousands), funding $223,626 (in thousands) of capital expenditures, the approximately $122.2 million Bovinos acquisition in Brazil, and $73,400 (in thousands) of share repurchases. Total debt was $3,947,724 (in thousands) and total stockholders’ equity $5,306,252 (in thousands) at July 4, 2026.

Darling Ingredients Inc. updated its capital return plans as the Board of Directors refreshed and increased its share repurchase program to $1.0 billion of common stock. Repurchases under the program will depend on market conditions. The authorization increases a prior $500.0 million program to $1.0 billion, has no expiration date, and may be modified, suspended or discontinued at any time.

Management cited a strengthening balance sheet and accelerating cash generation, saying this provides flexibility to invest in the business, pursue attractive organic growth opportunities and return capital to shareholders within a disciplined capital allocation framework. Darling Ingredients describes itself as a pioneer in circularity, operating over 260 facilities in more than 15 countries.

Darling Ingredients Inc. director Charles L. Adair purchased a total of 1,000 shares of Common Stock on July 31, 2026 in two open-market transactions, buying 500 shares at $60.67 per share and 500 shares at $61.27 per share, all reported as directly owned with the Rule 10b5-1 trading plan checkbox left unchecked.

Vanguard Portfolio Management LLC, together with certain affiliated entities, reports beneficial ownership of common stock of Darling Ingredients Inc. under a Schedule 13G filing. Vanguard reports beneficial ownership of 8,392,354 shares of Darling Ingredients common stock, representing 5.28% of the class as of June 30, 2026.

Vanguard has sole voting power over 40,099 shares and sole dispositive power over 8,392,354 shares, with no shared voting or dispositive power. The position reflects securities held by Vanguard funds and other managed accounts over which Vanguard entities exercise dispositive and, in some cases, voting power. Vanguard and related investment companies and managed accounts have the right to receive dividends and sale proceeds from these securities, and no other single person’s interest exceeds 5% of the class.

Darling Ingredients Inc. reported a strong second quarter for 2026, with net income of $387.3 million, or $2.41 per diluted share, compared with $12.7 million, or $0.08 per diluted share, in the second quarter of 2025. Total net sales were $1.7 billion, up from $1.5 billion a year earlier. For the first six months of 2026, net income was $521.6 million, or $3.24 per diluted share, versus a net loss of $13.5 million, or ($0.09) per diluted share, on net sales of $3.3 billion versus $2.9 billion in 2025.

Non-GAAP performance also improved markedly. Combined Adjusted EBITDA for Q2 2026 was $741.7 million, compared with $249.5 million in Q2 2025, and $1.15 billion for the first half versus $445.3 million a year earlier. The Diamond Green Diesel joint venture sold 348.8 million gallons of renewable fuels in the quarter at an average $2.23 per gallon EBITDA, and 621.2 million gallons at $1.74 per gallon EBITDA year-to-date, generating approximately $211 million in dividends and $69 million from Production Tax Credit sales to Darling.

Liquidity and leverage improved. As of July 4, 2026, Darling held $160.7 million in cash and had $1.3 billion available under its revolving credit facility, with total debt of $3.9 billion and a preliminary leverage ratio of 2.3X. The company reduced net debt by $223.0 million, repurchased $73.0 million of common stock, and invested $224.0 million in capital expenditures year-to-date, with full-year 2026 capex estimated at $450.0 million. It acquired three rendering facilities in Brazil for approximately $122 million and sold a majority of its non-core grease trap environmental services business for approximately $90.0 million. Management expects to continue deleveraging, targeting year-end 2026 net debt at or below $3 billion and a bank leverage ratio below 2X, and estimates Q3 2026 core ingredients Adjusted EBITDA at approximately $325–340 million.

DAR filed a Form 144 notice reporting the proposed sale of 8,000 shares of its common stock. The filing notes these shares relate to RSU vesting under the Director Compensation Program during the period 05/07/2024 through 05/07/2026. The filing also shows 157,802,341 shares outstanding as of 07/09/2026 as a contextual figure.

Darling Ingredients director Randy L. Hill reported amended stock-based awards. On May 7, 2026, he acquired 701 shares of common stock at $37.64 per share and 2,650 additional shares at no cost, all recorded as grants or awards rather than open-market purchases.

Footnotes explain these are Deferred Stock Units granted under the 2026 Omnibus Incentive Plan, based on his prorated annual cash compensation that he elected to receive in DSUs. The amendment corrects a previously underreported DSU amount. These DSUs vest in full on December 31, 2026, with prorated vesting and forfeiture of any unvested portion if he leaves the board earlier.

Darling Ingredients used its 2026 Investor Day to highlight its global rendering, renewable fuels and collagen platforms and to share an updated financial framework. For Q1 2026, net income attributable to Darling was $134.3 million, with non-DGD Adjusted EBITDA of $255.7 million and Darling’s 50% share of Diamond Green Diesel (DGD) Adjusted EBITDA of $151.2 million, for combined Adjusted EBITDA of $406.8 million.

Total debt was $3.222 billion and the bank leverage ratio was 1.82x, with a staggered maturity schedule and a weighted average interest rate near 5%. Management framed DGD as one of the world’s largest renewable fuel producers with about 1.2 billion gallons of renewable diesel capacity, including roughly 235 million gallons of neat sustainable aviation fuel. They outlined scenarios in which total company Adjusted EBITDA could range from $1.1 billion to $2.1 billion across down‑, mid‑ and up‑cycle markets, implying annual cash available of about $400 million to $1.35 billion.

Darling also emphasized growth in higher‑margin collagen and targeted ingredients, a shift toward precision collagen under its Nextida platform, and a multi‑year plan that, under current assumptions, could generate $4–6 billion of cash from 2027–2030 to fund debt reduction, acquisitions, share repurchases, dividends and additional biofuel and collagen investments.