Darden Restaurants Inc SEC Filings

Darden Restaurants, Inc. (DRI) director Timothy J. Wilmott reported receiving 189 restricted stock units on 11/23/2025 as part of director compensation. These restricted stock units convert into common stock on a one-for-one basis and reflect his election to take his quarterly cash retainer in the form of stock units, with vested shares to be delivered when his service as a director ends.

Following this transaction, Wilmott beneficially owns 5,870 restricted stock units directly and 27,094 shares of common stock indirectly through a trust.

Darden Restaurants (DRI) reported an insider equity settlement. A Form 4 shows director Charles M. Sonsteby converted restricted stock units into common stock. On 11/11/2025, 531 shares were acquired at $0 per footnote, reflecting RSU settlement rather than an open-market purchase.

Following the transaction, Sonsteby beneficially owned 22,474 shares directly. The RSUs convert one-for-one into common stock, and the director had elected to defer settlement until 11/11/2025, consistent with the vesting terms described.

Darden Restaurants (DRI): Officer Susan M. Connelly reported a bona fide gift of 600 shares of common stock on 10/29/2025 (Transaction Code G) to a donor advised fund; no consideration was received.

Following the transfer, she beneficially owned 6,698.314 shares, held directly. The reported holdings include shares acquired through the Darden Restaurants, Inc. Employee Stock Purchase Plan and its dividend reinvestment feature.

Darden Restaurants (DRI) reported an insider sale by a company officer. A Group President sold 1,700 shares of common stock on 10/14/2025 at a price of $184.58 per share (transaction code S). Following the sale, the reporting person directly beneficially owns 18,386.325 shares.

The filing notes the share count includes amounts acquired through the Darden Restaurants, Inc. Employee Stock Purchase Plan and its dividend reinvestment feature. Ownership is reported as direct.

Darden Restaurants (DRI) insider Matthew R. Broad, SVP General Counsel, reported transactions on 10/06/2025 that reduced his direct holdings. He sold 5,661 shares at a weighted average price of $193.4048, leaving 13,915.754 shares directly owned. Separately, he made a bona fide gift of 515 shares to a donor advised fund, and his total post-transaction holdings include shares acquired under the Employee Stock Purchase Plan and dividend reinvestment.

The sale was executed in multiple trades at prices between $193.32 and $193.44. The reporting person certified the form via attorney-in-fact on 10/08/2025.

Darden Restaurants, Inc. (DRI) reported a proposed insider sale under Rule 144: 5,661 shares of common stock are planned for sale through Morgan Stanley Smith Barney LLC on 10/06/2025. The filing shows those shares resulted from restricted stock vesting on 07/28/2025 and lists an aggregate market value of $1,094,864.57 against 116,313,762 shares outstanding. The notice attests that the seller is not aware of undisclosed material adverse information and discloses no other sales in the past three months. This is a routine insider liquidity transaction documented to satisfy Rule 144 resale requirements.

Darden Restaurants reported first-quarter fiscal 2026 results and significant portfolio activity. The company completed the acquisition of Chuy's for $649.1 million on October 11, 2024, adding 103 restaurants and including Chuy's results from the acquisition date. Darden sold eight Olive Garden Canada locations to Recipe Unlimited and entered a franchise/area development agreement with Recipe. Management is exploring strategic alternatives for the Bahama Breeze brand but has not classified the assets as held for sale. The effective tax rate was 12.2% for the quarter versus 10.6% a year earlier. The Board declared a $1.50 per share cash dividend payable November 3, 2025. Darden had $142.0 million of commercial paper outstanding and $1.10 billion available under its revolving credit facility.

Daryl Kenningham, a director of Darden Restaurants, reported equity awards and conversions on 09/17/2025. The filing shows Restricted Stock Units (RSUs) converting one-for-one into common stock. On that date 823 RSUs associated with the FY25 annual grant are recorded and 886 RSUs from the FY26 director annual grant were acquired, totaling 1,709 RSUs referenced in the filing. The FY25 RSUs and the FY26 director grant vest on the earlier of one year from grant or the next annual meeting of shareholders. Following the reported transactions, the reporting person beneficially owned 1,280 shares of common stock as shown in the form. The form was signed by an attorney-in-fact on 09/19/2025.