Darden Restaurants Inc SEC Filings

Darden Restaurants (NYSE:DRI) filed a Form 4 disclosing significant insider transactions.

• On 24 June 2025, SVP & Chief Supply Chain Officer Douglas J. Milanes exercised 8,142 options at $78.84 (Code M).
• He then sold 11,948 common shares at a weighted-average $222.08, generating roughly $2.7 million.
• Following the sales, his direct ownership fell to 146.696 shares, a ~98 % reduction.
• The option (granted 2020) is now fully exercised; no derivative positions remain.

The magnitude and near-total divestiture by a senior officer may influence market perception of insider confidence.

Darden Restaurants (NYSE: DRI) filed a Form 4 disclosing that CFO Rajesh Vennam sold 5,780 common shares on 24 Jun 2025 at $222.215 per share, realizing roughly $1.28 million.

The transaction reduced his direct stake by about 56%, leaving 4,555 shares that include accumulations from the Employee Stock Purchase Plan and its dividend reinvestment feature. No derivative trades were reported and the filing does not flag a Rule 10b5-1 trading plan.

This sizeable insider sale by the company’s finance chief is often viewed as a potential negative signal for investor sentiment.

Darden Restaurants (NYSE:DRI) filed a Form 4 reporting that SVP & Chief Communications & Public Affairs Officer Susan M. Connelly exercised 4,735 stock options at $107.05 and immediately sold the same number of common shares at a weighted-average $223.78 on 06/24/2025, generating proceeds of roughly $1.06 million.

The sale reduced her direct ownership from 9,337 to 4,602 shares, a ~51% decline. No 10b5-1 trading plan was disclosed. The transaction exceeds the $1 million materiality threshold and may influence investor sentiment regarding insider confidence.

Darden Restaurants (NYSE:DRI) filed a Form 144 indicating a proposed insider sale of 12,212 common shares through Morgan Stanley Smith Barney. The filing lists an aggregate market value of $2,670,939.03 and targets an approximate sale date of 06/25/2025.

The same seller, M John Martin, previously disposed of 5,091 shares for $1,062,431.12 on 03/25/2025, bringing cumulative disclosed sales to 17,303 shares over the past three months. Outstanding shares total 117,026,246, so the proposed transaction represents roughly 0.01% of shares outstanding but exceeds the $1 million materiality threshold for insider transactions.

Darden Restaurants, Inc. (NYSE: DRI) – Form 144 filing

An insider has filed notice of a proposed sale of 4,735 common shares, equal to roughly 0.004 % of the 117.0 million shares outstanding. The shares were acquired and are scheduled for sale on 06/24/2025 following the exercise of employee stock options. The transaction, routed through Morgan Stanley Smith Barney LLC, carries an aggregate market value of about $1.06 million (≈ $224 per share) and is expected to take place on the NYSE.

This is a routine Rule 144 notice that enables the insider to resell shares into the open market. The filer affirms knowledge of no undisclosed adverse information. Given the modest size relative to daily trading volume and total float, the filing is considered immaterial to Darden’s capital structure and valuation.

An SEC Form 144 indicates that an unidentified insider of Darden Restaurants, Inc. (ticker DRI) intends to sell up to 5,780 common shares through Morgan Stanley Smith Barney LLC on or about 24 June 2025. The proposed transaction is valued at roughly $1.284 million, based on the filing’s stated market value. The shares derive from multiple restricted-stock vesting events that occurred between 2020 and 2023 under the company’s equity compensation plan. Darden currently has 117,026,246 shares outstanding, so the planned disposition equals approximately 0.005 % of total shares. No sales in the past three months were reported, and the signer certifies possession of no undisclosed adverse information. A Form 144 is a notice of intent and does not guarantee the sale will be executed.

Darden Restaurants, Inc. (NYSE: DRI) has filed a Form 144 indicating an intended insider sale of common stock. The notice covers the proposed sale of 11,948 shares—equivalent to roughly 0.01 % of the company’s 117,026,246 shares outstanding. Based on the stated aggregate market value of $2,653,355.68, the implied reference price is about $222 per share. The transaction is scheduled for 24 June 2025 and will be executed through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE.

The securities were acquired primarily via the company’s Employee Stock Purchase Plan, option exercises, restricted-stock vesting and dividend reinvestments over the 2021-2025 period. No shares have been sold during the past three months, and the filing contains the standard certification that the seller is not aware of undisclosed material adverse information. While Form 144 filings do not guarantee that a sale will occur, they flag the maximum amount that may be sold within a 90-day window under Rule 144.

Darden Restaurants, Inc. (DRI) – Form 4 insider transaction filed 06/20/2025

Daniel J. Kiernan, President of Olive Garden, reported the vesting and conversion of performance-based restricted stock units (PSUs) on 06/17/2025.

• Direct award: 12,856 PSUs earned and converted to common stock, reflecting out-performance versus the relative TSR target originally set on 07/27/2022 (target 6,428; payout 200%).
• Indirect award (spouse): 428 PSUs earned and converted on the same terms.
• The grant will vest in two equal installments beginning 07/27/2025; shares were acquired at $0.00 cost.
• Following the transaction, Kiernan now holds 27,355.094 DRI shares directly and 146.7871 shares indirectly via 401(k) accounts, plus the newly earned 12,856 PSUs (direct) and 428 PSUs (indirect).

No open-market purchases or sales were disclosed; all changes stem from equity incentive plan vesting. The filing indicates continued insider alignment with shareholders through increased equity exposure but does not inject new cash into the company or signal valuation views.

Darden Restaurants, Inc. (DRI) – Form 4 insider transaction: Laura B. Williamson, President of LongHorn Steakhouse, reported the vesting and crediting of performance-based restricted stock units (PSUs) on 17 June 2025. The filing shows no open-market purchases or sales, but rather the conversion of previously granted PSUs that became earned after the Compensation Committee certified performance results.

• Equity awards earned: 1,714 PSUs (direct) and 686 PSUs (indirect via spouse) converted on a one-for-one basis into common stock at a zero exercise price. These awards stem from grants made on 27 July 2022 tied to relative total shareholder return measured through 25 May 2025.
• Vesting schedule: The earned shares will vest in two equal installments beginning 27 July 2025, subject to continued service.
• Post-transaction ownership: Williamson now holds 10,084.861 common shares directly, 908.6205 shares in a 401(k) plan, and 5,418.131 shares held by her spouse. Derivative holdings total 1,714 PSUs (direct) and 686 PSUs (indirect).

No shares were disposed of, and the transaction was not executed under a Rule 10b5-1 plan. The filing indicates that company performance exceeded the target level (doubling the original PSU awards), reflecting management’s alignment with shareholder returns, but it does not involve cash outlays or signal market-based buying or selling.