Insider plans sale of 3,620 restricted shares (NYSE: DRI)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Insider sale filing for restricted shares. A Form 144 notice indicates 3,620 shares of Common stock tied to restricted stock vesting under a registered plan are listed for sale. The filing shows an aggregate value of $731,837.30 and is dated 04/17/2026. The restricted shares vested on 07/28/2025 and are linked to services rendered.
Positive
- None.
Negative
- None.
Key Figures
Shares listed for sale: 3,620 shares
Aggregate value: $731,837.30
Form date: 04/17/2026
3 metrics
Shares listed for sale
3,620 shares
Restricted stock vesting under a registered plan (07/28/2025)
Aggregate value
$731,837.30
Value reported on Form 144 (04/17/2026)
Form date
04/17/2026
Date of the Form 144 filing
Key Terms
Restricted stock, Form 144, Registered plan, Services Rendered
4 terms
Restricted stock financial
"Restricted stock vesting under a registered plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Registered plan financial
"Restricted stock vesting under a registered plan"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.
Services Rendered other
"07/28/2025 | Restricted stock vesting under a registered plan | Services Rendered"
FAQ
Who is listed as the broker or selling party on the Form 144?
The filing references Morgan Stanley Smith Barney LLC at 1 New York Plaza as the broker/agent. The sales are tied to restricted stock issued for services rendered under a registered plan.
Does the Form 144 show proceeds going to the issuer (DRI)?
The Form 144 lists the securities as restricted stock sold by an insider; proceeds treatment is not described as company proceeds. The entry labels the securities as issued for services rendered, not as an issuer cash raise.