DARDEN RESTAURANTS INC 4
0001225208-26-006843
View on SEC EDGARSarah H. King (SVP, Chief People Officer of Darden Restaurants Inc.) sold 4,373 shares of DRI and received 1,810 RSUs plus 5,338 stock options on July 29, 2026.
On July 29, 2026, Sarah H. King, SVP and Chief People Officer of Darden Restaurants Inc., sold a total of 4,373 shares of Darden common stock in two open market transactions at weighted average prices of approximately $209.63 and $210.83 per share, for aggregate proceeds of about $915,000, reducing her direct common stock holdings from 3,615.819 shares to 742.819 shares. On the same date, she received an FY27 annual grant of 1,810 restricted stock units that will convert into common stock on a one-for-one basis on July 29, 2029, and was also granted stock options for 5,338 shares at an exercise price of $212.23 per share, vesting in two equal annual installments beginning July 29, 2029, bringing her total derivative-based holdings (RSUs and options) to 7,148 units/options in addition to her remaining 742.819 directly held shares. Using the transaction prices as a proxy, her post-transaction direct common stock position is worth roughly $155,000 and her RSU grant is worth approximately $379,000, with the newly granted options currently at or near the money relative to the recent trading prices.
Filing Facts
- CIK
- 940944
- Ticker
- DRI
- Form
- 4
- Source Type
- sec
- Accession
- 0001225208-26-006843
- Alert Tier
- 6