[144] Darden Restaurants, Inc. SEC Filing

Rhea-AI Filing Summary

Form 4 snapshot: Orrstown Financial Services (ORRF) SEVP & COO Adam L. Metz filed for a 07/28/2025 transaction coded F, indicating shares withheld to satisfy taxes on restricted-stock vesting rather than an open-market trade. Metz surrendered 2,940 restricted shares at $34.55 (≈ $101k).

• Remaining time-vested restricted shares: 2,742
• Common shares: 21,166 (15,322 held jointly with spouse)
• Performance RSUs: 9,561

Post-transaction, the executive’s direct and joint beneficial ownership totals roughly 33,469 shares. No derivative positions were reported and no open-market sales or purchases occurred. The filing is routine and does not materially alter insider alignment.

Positive

• Executive retains ~33,469 shares, maintaining significant equity alignment with shareholders.

Negative

• 2,940 shares (~$101k) removed from float via tax-withholding surrender, a minor downward signal but not an active sale.

Insights

Securities Analyst

TL;DR: Routine tax-withholding share surrender; executive still holds sizable stake, implying neutral insider sentiment toward ORRF.

The F code confirms the 2,940-share reduction was solely to cover withholding taxes on vested restricted stock. Value (~$101k) is immaterial relative to ORRF’s market cap and the officer’s remaining 33k-share exposure. Lack of derivative activity or open-market transactions suggests no change in conviction. Overall impact on valuation or trading outlook is negligible.

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	1157	236835.47	117033830	07/30/2025	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	07/28/2025	Performance Stock Units	Issuer			622	07/28/2025	Not Applicable
Common	07/28/2025	Restricted stock vesting under a registered plan	Issuer			260	07/28/2025	Not Applicable
Common	07/28/2025	Performance Stock Units	Issuer			275	07/28/2025	Not Applicable

* 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

What did ORRF's COO report in the latest Form 4?

Adam L. Metz surrendered 2,940 restricted shares at $34.55 to pay taxes on vested awards.

Was the ORRF insider transaction an open-market sale?

No. The Code F indicates shares were withheld for tax purposes, not sold on the market.

How many ORRF shares does the insider now own?

Metz beneficially owns about 33,469 shares, including common, restricted, and performance units.

Does this filing affect ORRF's investment outlook?

The action is routine and neutral; it neither strengthens nor weakens the investment thesis.

Were any derivative securities reported in this Form 4?

No derivative positions were disclosed; only non-derivative equity holdings were listed.