[144] Darden Restaurants, Inc. SEC Filing

Rhea-AI Filing Summary

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.

Positive

• Minimal dilution/impact: the 11,948 shares represent only 0.01 % of shares outstanding, posing negligible float pressure.
• Transparent compliance: detailed Rule 144 filing with acquisition history and brokerage information signals adherence to disclosure standards.

Negative

• Potential sentiment drag: insider intention to sell $2.65 million in stock can be interpreted as reduced insider conviction, albeit small in scale.

Insights

Equity Analyst

TL;DR: Small (0.01 %) insider sale filed; modest dollar value, limited direct impact on DRI.

The proposed disposition represents a minute fraction of Darden’s float and therefore should not affect trading liquidity or valuation in isolation. Nonetheless, any insider sale can raise short-term sentiment questions. The filing discloses acquisition dates and sources—largely employee programs—suggesting routine portfolio management rather than a strategic exit. Because no recent sales are reported, and the issuer certifies absence of non-public adverse information, the market is likely to view the event as neutral to slightly negative.

Corporate Governance Specialist

TL;DR: Routine Rule 144 notice; transparency adequate, governance risk low.

From a governance standpoint, Darden has complied with SEC disclosure rules, listing transaction history, acquisition sources and brokerage details. The seller’s representation of no undisclosed negative information, plus the lack of past-90-day sales, reduces perception of opportunistic trading. Given the small scale, the notice is not materially impactful to shareholder rights or board oversight.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	11948	2653355.68	117026246	06/24/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/01/2024	Shares Purchased through Employee Stock Purchase Plan	Issuer			4	11/01/2024	dividend
Common	05/01/2025	Shares Purchased through Employee Stock Purchase Plan	Issuer			4	05/01/2025	Dividend
Common	11/01/2023	Shares Purchased through Employee Stock Purchase Plan	Issuer			3	11/01/2023	dividend
Common	12/31/2023	Shares Purchased through Employee Stock Purchase Plan	Issuer			41	12/31/2023	Cash
Common	02/01/2023	Shares Purchased through Employee Stock Purchase Plan	Issuer			1	02/01/2023	dividend
Common	05/01/2024	Shares Purchased through Employee Stock Purchase Plan	Issuer			3	05/01/2024	dividend
Common	06/24/2025	Exercise of options under a registered plan	Issuer			8142	06/24/2025	Cash
Common	07/24/2022	dividend	Issuer			6	07/24/2022	dividend
Common	02/01/2023	dividend	issuer			2	02/01/2023	dividend
Common	08/01/2023	Shares Purchased through Employee Stock Purchase Plan	Issuer			2	08/01/2023	dividend
Common	09/30/2022	Shares Purchased through Employee Stock Purchase Plan	Issuer			52	09/30/2022	Cash
Common	02/01/2024	Shares Purchased through Employee Stock Purchase Plan	Issuer			3	02/01/2024	dividend
Common	07/25/2022	Performance Stock Units	issuer			1149	07/25/2022	Services Rendered
Common	02/03/2025	Shares Purchased through Employee Stock Purchase Plan	Issuer			3	02/03/2025	Dividend
Common	08/01/2024	Shares Purchased through Employee Stock Purchase Plan	Issuer			4	08/01/2024	dividend
Common	03/31/2022	Shares Purchased through Employee Stock Purchase Plan	Issuer			44	03/31/2022	Cash
Common	03/31/2023	Shares Purchased through Employee Stock Purchase Plan	Issuer			42	03/31/2023	Cash
Common	09/30/2023	Shares Purchased through Employee Stock Purchase Plan	Issuer			41	09/30/2023	Cash
Common	05/01/2023	Shares Purchased through Employee Stock Purchase Plan	Issuer			2	05/01/2023	dividend
Common	06/30/2023	Shares Purchased through Employee Stock Purchase Plan	Issuer			38	06/30/2023	Cash
Common	12/31/2022	Shares Purchased through Employee Stock Purchase Plan	Issuer			46	12/31/2022	Cash
Common	03/31/2024	Shares Purchased through Employee Stock Purchase Plan	Issuer			36	12/31/2024	Cash
Common	07/26/2021	Restricted stock vesting under a registered plan	Issuer			2228	07/26/2021	Services Rendered
Common	06/30/2022	Shares Purchased through Employee Stock Purchase Plan	Issuer			52	06/30/2022	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many DRI shares are being registered for sale under Form 144?

The filing covers 11,948 common shares of Darden Restaurants, Inc.

What is the total market value of the proposed DRI insider sale?

The aggregate market value is $2,653,355.68.

When is the approximate sale date for the DRI shares?

The shares may be sold on or around June 24, 2025.

What percentage of Darden’s outstanding shares does the filing represent?

About 0.01 % of the 117,026,246 shares outstanding.

Has the insider sold any DRI shares in the past three months?

No. The filing indicates “Nothing to Report” for sales in the past 3 months.

Which broker will execute the DRI share sale?

The broker is Morgan Stanley Smith Barney LLC Executive Financial Services.