STOCK TITAN

DPC (DPC) director boosts stake with $33 share buys and IPO option grants

(Very High)
(Very Positive)
Form Type
4

Rhea-AI Filing Summary

DPC Holdings Ltd director Nick Sanders reported several equity-related transactions tied to the company’s initial public offering. An entity associated with him, Walther Investments Limited, bought 6,030 ordinary shares at $33.00 per share through a directed share program, bringing its indirect holdings to 149,780 shares.

Sanders also bought 288,213 ordinary shares directly at $33.00 per share in a concurrent private placement and received 15,865 fully vested matching shares under the 2026 Equity Incentive Plan, lifting his direct holdings to 304,078 shares. In addition, he was granted multiple share options over ordinary shares with exercise prices starting at $33.00 and expirations in 2036.

Positive

  • None.

Negative

  • None.
Insider Sanders Nick
Role Director
Bought 294,243 shs ($9.71M)
Type Security Shares Price Value
Purchase Ordinary Shares 288,213 $33.00 $9.51M
Grant/Award Ordinary Shares 15,865 $0.00 $0.00
Purchase Ordinary Shares 6,030 $33.00 $199K
Grant/Award Share Options (right to buy) 20,829 $0.00 $0.00
Grant/Award Share Options (right to buy) 20,829 $0.00 $0.00
Grant/Award Share Options (right to buy) 20,829 $0.00 $0.00
Grant/Award Share Options (right to buy) 20,829 $0.00 $0.00
Grant/Award Share Options (right to buy) 20,830 $0.00 $0.00
Grant/Award Share Options (right to buy) 127,989 $0.00 $0.00
Holdings After Transaction: Share Options (right to buy) — 232,135 shares (Direct); Ordinary Shares — 304,078 shares (Direct); Ordinary Shares — 149,780 shares (Indirect, By Walther Investments Limited)
Footnotes (6)
  1. F1. Reflects ordinary shares acquired through a directed share program conducted in connection with the Issuer's initial public offering and consists of (i) shares purchased under the Director Share Program pursuant to the DPC Holdings Limited 2026 Equity Incentive Plan (the "Equity Incentive Plan"), and (ii) shares acquired to reinvest in the Issuer using after-tax proceeds from the Management Incentive Plan (the "MIP").
  2. F2. Reflects fully vested ordinary shares granted pursuant to the Equity Incentive Planas as a matching grant related to shares purchased under the Director Share Program as described in footnote 1.
  3. F3. Reflects ordinary shares acquired from the Issuer in connection with a private placement occurring concurrently with the Issuer's initial public offering.
  4. F4. These securities are owned by Walther Investments Limited. Mr. Sanders is a director of Walther Investments Limited. Mr. Sanders disclaims beneficial ownership of these securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that he is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
  5. F5. Reflects share options granted pursuant to the Equity Incentive Plan in connection with the closing of the Issuer's initial public offering (the "IPO Grants").
  6. F6. Reflects share options granted pursuant to the Equity Incentive Plan in connection with the closing of the Issuer's initial public offering and an amendment to the Issuer's MIP (the "MIP Recognition Grants").
Indirect shares purchased 6,030 shares at $33.00 Directed share program via Walther Investments Limited on 2026-06-26
Direct shares purchased 288,213 shares at $33.00 Private placement concurrent with IPO on 2026-06-26
Direct holdings after transactions 304,078 shares Ordinary shares directly owned following 2026-06-26 trades
Indirect holdings after transactions 149,780 shares Ordinary shares held by Walther Investments Limited
Matching share grant 15,865 shares Fully vested ordinary shares under 2026 Equity Incentive Plan
IPO option grant at $33.00 127,989 options at $33.00 Share options granted in connection with IPO; expire 2036-06-24
Highest option strike price $48.31 per share 20,830 options exercisable from 2031-06-24 to 2036-06-24
directed share program financial
"Reflects ordinary shares acquired through a directed share program conducted in connection with the Issuer's initial public offering"
Equity Incentive Plan financial
"purchased under the Director Share Program pursuant to the DPC Holdings Limited 2026 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Management Incentive Plan financial
"shares acquired to reinvest in the Issuer using after-tax proceeds from the Management Incentive Plan"
A management incentive plan is a structured pay program that rewards company executives and senior managers when they meet specific goals, using cash bonuses, stock awards, or options. It matters to investors because it helps align leaders’ actions with shareholder interests—like tying a coach’s bonus to a team’s wins—while influencing retention, risk-taking and potential share dilution, all of which can affect company performance and stock value.
private placement financial
"ordinary shares acquired from the Issuer in connection with a private placement occurring concurrently with the Issuer's initial public offering"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
IPO Grants financial
"share options granted pursuant to the Equity Incentive Plan in connection with the closing of the Issuer's initial public offering (the "IPO Grants")"
MIP Recognition Grants financial
"share options granted pursuant to the Equity Incentive Plan in connection with the closing of the Issuer's initial public offering and an amendment to the Issuer's MIP (the "MIP Recognition Grants")"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What did DPC (DPC) director Nick Sanders report in this Form 4?

Nick Sanders reported new equity positions in DPC, including share purchases and option grants linked to the company’s IPO. The filing details open-market and private placement purchases, a matching share grant, and multiple long-dated share options under the 2026 Equity Incentive Plan.

How many DPC ordinary shares did Nick Sanders acquire in total?

Sanders reported buying 288,213 ordinary shares directly at $33.00 and 6,030 shares indirectly through Walther Investments Limited. He also received 15,865 fully vested matching shares, significantly increasing both his direct and indirect ownership stakes in DPC after the IPO-related transactions.

What is Walther Investments Limited’s role in the DPC Form 4 transactions?

Walther Investments Limited, where Sanders is a director, acquired 6,030 DPC ordinary shares at $33.00 via the directed share program. The Form 4 notes Sanders disclaims beneficial ownership of these securities beyond any pecuniary interest, clarifying that the shares are held by the entity.

What option grants did Nick Sanders receive from DPC?

Sanders received several share option grants over DPC ordinary shares under the 2026 Equity Incentive Plan. These include 127,989 options at $33.00 and additional tranches of 20,829–20,830 options with exercise prices up to $48.31, all expiring in 2036.

How did Nick Sanders’ direct DPC share ownership change after these transactions?

After the reported transactions, Sanders directly held 304,078 DPC ordinary shares. This total reflects his 288,213-share purchase in a private placement plus 15,865 fully vested matching shares granted under the Equity Incentive Plan, as disclosed in the Form 4 summary figures.

At what price were the DPC shares purchased in these Form 4 transactions?

The ordinary shares reported as purchased in the Form 4 were acquired at $33.00 per share. This price applied to both the 6,030 shares bought indirectly through the directed share program and the 288,213 shares acquired directly in the concurrent private placement.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sanders Nick

(Last)(First)(Middle)
DONINGTON COURT, 2ND FLOOR,
PEGASUS BUSINESS PARK, HERALD WAY

(Street)
DERBYDE742UZ

(City)(State)(Zip)

UNITED KINGDOM

(Country)
2. Issuer Name and Ticker or Trading Symbol
DPC Holdings Ltd [ DPC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares06/26/2026P(1)288,213A$33288,213D
Ordinary Shares06/26/2026A(2)15,865A$0(2)304,078D
Ordinary Shares06/26/2026P(3)6,030A$33149,780IBy Walther Investments Limited(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Share Options (right to buy)$3306/24/2026A(5)20,82906/24/202706/24/2036Ordinary Shares20,829$0(5)20,829D
Share Options (right to buy)$36.306/24/2026A(5)20,82906/24/202806/24/2036Ordinary Shares20,829$0(5)20,829D
Share Options (right to buy)$39.9306/24/2026A(5)20,82906/24/202906/24/2036Ordinary Shares20,829$0(5)20,829D
Share Options (right to buy)$43.9206/24/2026A(5)20,82906/24/203006/24/2036Ordinary Shares20,829$0(5)20,829D
Share Options (right to buy)$48.3106/24/2026A(5)20,83006/24/203106/24/2036Ordinary Shares20,830$0(5)20,830D
Share Options (right to buy)$3306/24/2026A(6)127,98906/24/202606/24/2036Ordinary Shares127,989$0(6)127,989D
Explanation of Responses:
1. Reflects ordinary shares acquired through a directed share program conducted in connection with the Issuer's initial public offering and consists of (i) shares purchased under the Director Share Program pursuant to the DPC Holdings Limited 2026 Equity Incentive Plan (the "Equity Incentive Plan"), and (ii) shares acquired to reinvest in the Issuer using after-tax proceeds from the Management Incentive Plan (the "MIP").
2. Reflects fully vested ordinary shares granted pursuant to the Equity Incentive Planas as a matching grant related to shares purchased under the Director Share Program as described in footnote 1.
3. Reflects ordinary shares acquired from the Issuer in connection with a private placement occurring concurrently with the Issuer's initial public offering.
4. These securities are owned by Walther Investments Limited. Mr. Sanders is a director of Walther Investments Limited. Mr. Sanders disclaims beneficial ownership of these securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that he is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
5. Reflects share options granted pursuant to the Equity Incentive Plan in connection with the closing of the Issuer's initial public offering (the "IPO Grants").
6. Reflects share options granted pursuant to the Equity Incentive Plan in connection with the closing of the Issuer's initial public offering and an amendment to the Issuer's MIP (the "MIP Recognition Grants").
/s/ Helen Barrett-Hague, Attorney-in-Fact for Nicholas Sanders06/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)