DARDEN RESTAURANTS INC 4
0001225208-26-006541
View on SEC EDGARInsider Susan M. Connelly exercised options for 9,930 Darden Restaurants (DRI) shares and sold all 9,930 shares on 2026-07-07 for about $2.05 million, leaving direct ownership of 4,165.3010 shares.
On July 7, 2026, Susan M. Connelly, SVP, Chief Communications & Public Affairs Officer of Darden Restaurants, Inc., exercised three tranches of vested stock options for an aggregate 9,930 shares of common stock at strike prices of $124.24, $148.20, and $121.47 per share, respectively, and on the same day sold the full 9,930 shares into the market at a weighted average price of $206.2111 per share in multiple trades. The option exercises were reported as acquisitions of common stock via transaction code “M,” increasing her directly held common stock position temporarily to 14,095.3010 shares, followed by a disposition of 9,930 shares via an open-market sale (transaction code “S”), which reduced her direct ownership to 4,165.3010 shares. The options exercised were previously granted awards that vested in two equal annual installments beginning in 2022, 2024, and 2025, indicating these are routine realizations of long-standing equity compensation rather than new incentive grants. Based on the reported prices, the gross value of the shares sold was approximately $2.05 million, and her remaining equity stake is worth roughly $0.84 million at the same price level, suggesting a significant but not total monetization of her recently exercisable options.
Filing Facts
- CIK
- 940944
- Ticker
- DRI
- Form
- 4
- Source Type
- sec
- Accession
- 0001225208-26-006541
- Alert Tier
- 6