DARDEN RESTAURANTS INC 4

Ricardo Cardenas, President and CEO of Darden Restaurants Inc., exercised 19,091 options and sold 39,134 DRI common shares while also receiving new RSU and stock option awards.

On July 28, 2026, Darden Restaurants President and CEO Ricardo Cardenas exercised 19,091 stock options with a $124.24 strike price, acquiring an equivalent number of Darden common shares, and on the same day sold a total of 39,134 shares in multiple open‑market transactions at weighted average prices around $209 per share, reducing his direct holdings from 125,279.988 shares to 86,145.988 shares (an approximate $17.8 million position at the current $206.97 price). On July 29, 2026, he received a FY27 annual grant of 12,792 restricted stock units (vesting July 29, 2029) and a new option award for 37,735 shares with a $212.23 exercise price (vesting in two equal annual installments beginning July 29, 2029), reflecting routine equity compensation while also monetizing a significant portion of his common stock via sales following the option exercise.

Filing Facts

CIK

940944

Ticker

DRI

Form

4

Source Type

sec

Accession

0001225208-26-006842

Alert Tier

7