DARDEN RESTAURANTS INC 4

Group President Martin Melvin John received an FY27 annual grant of 1,997 RSUs and options for 5,890 Darden Restaurants Inc. shares at a $212.23 strike price, increasing his equity-based compensation holdings.

On July 29, 2026, Group President Martin Melvin John of Darden Restaurants Inc. received an FY27 annual grant of 1,997 restricted stock units that will convert into common stock on a one-for-one basis at vesting in 2029, and was also granted a stock option to purchase 5,890 shares of common stock at an exercise price of $212.23 per share, vesting in two equal annual installments beginning July 29, 2029. These awards increased his derivative holdings but did not involve any open-market purchases or sales, and following the grants he directly owns 23,727.758 shares of common stock plus the newly awarded RSUs and options. Using the current stock price of approximately $206.97, the RSU grant is valued around $413,000 and the stock option grant has an intrinsic value of $0 at grant but represents significant potential future value, while his existing common stock stake is worth roughly $4.9 million, underscoring a substantial equity alignment with shareholders through routine compensation awards.

Filing Facts

CIK

940944

Ticker

DRI

Form

4

Source Type

sec

Accession

0001225208-26-006847

Alert Tier

5