This cluster is too small in dollar terms to signal a bearish view on DAR. Monitor for any upcoming earnings or guidance changes, but treat this as routine portfolio diversification. The CEO's sale is the most notable, but at $324K it represents a trivial fraction of his likely holdings.
Price Chart
Executive Summary
Three DAR insiders, including the Chairman/CEO and EVP Chief Admin Officer, sold a combined $928K in open-market sales over a 5-day window. While the CEO sale is notable, the total is only ~0.009% of DAR's $10.7B market cap — well below the 0.1% materiality threshold — making this a routine, non-informative cluster likely driven by diversification or tax planning rather than a bearish signal on fundamentals. The historical win rate on DAR reports is 67% at T+20, but this cluster is too small to warrant a directional call.
Key Financial Metrics
Key Facts
- Chairman/CEO Randall Stuewe sold 5,000 shares at $64.79 for $324K on Aug 13.
- EVP Chief Admin Officer Patrick McNutt sold 8,000 shares at $67.09 for $537K on Aug 14.
- Chief Accounting Officer Joseph Manzi sold 1,000 shares at $67.27 for $67K on Aug 18.
- Total cluster value of $928K represents ~0.009% of DAR's $10.7B market cap.
- All three transactions were open-market sales (code S); no 10b5-1 plan designation noted.
Financial Impact
Total insider sales of $928K, or ~0.009% of market cap — immaterial relative to company size.
Risk Factors
- Insider sales could accelerate if fundamentals deteriorate, but current cluster is immaterial.
- No 10b5-1 plan designation — sales could be opportunistic, but dollar amount is too small to act on.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DAR-1787122926754 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 18, 2026 6w ago | Insider Cluster | $68.34 $65.56 | ▼ −4.07% | ▼ −2.76% | $62.94 (−7.90%) |
Aug 14, 2026 7w ago | Insider Cluster | $67.67 $66.54 | ▲ +1.67% | ▼ −0.31% | $62.94 (+6.99%) |
Aug 14, 2026 7w ago | Insider Cluster | $67.67 $66.54 | ▼ −1.67% | ▲ +0.31% | $62.94 (−6.99%) |
Jul 30, 2026 9w ago | 8-K | $61.00 $61.39 | ▲ +0.64% | ▼ −3.33% | $62.94 (+3.18%) |
Jun 12, 2026 16w ago | Institutional Cluster | $56.99 $60.83 | ▲ +6.74% | ▲ +4.96% | $62.94 (+10.44%) |
Jun 11, 2026 16w ago | Institutional Cluster | $57.00 $60.19 | ▲ +5.60% | ▲ +3.71% | $62.94 (+10.42%) |
Apr 30, 2026 22w ago | 8-K | $64.23 $59.10 | ▼ −7.99% | ▼ −13.21% | $62.94 (−2.01%) |
Mar 19, 2026 28w ago | DEFA14A | $55.14 $59.08 | ▲ +7.15% | ▼ −2.17% | $62.94 (+14.15%) |
Feb 25, 2026 31w ago | 8-K | $52.95 $58.98 | ▲ +11.39% | ▲ +17.79% | $62.94 (+18.87%) |
US Market Status
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