Company (NYSE: DRI) insider plans Form 144 sale of 6,774 shares
Rhea-AI Filing Summary
A shareholder filed a notice of proposed sale of 6,774 shares of common stock, to be sold through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $1,450,418.83. These shares relate to the issuer, which had 115,139,249 shares outstanding at the time referenced. The securities to be sold were acquired from the issuer through an option exercise for 3,182 shares on 01/15/2026 paid in cash, and 3,592 restricted shares that vested on 07/29/2024 as compensation for services rendered. The filer represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
Positive
- None.
Negative
- None.
FAQ
How many shares are being registered for sale in this DRI Form 144?
The notice covers the proposed sale of 6,774 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE.
What is the aggregate market value of the shares in this DRI Form 144?
The aggregate market value of the 6,774 common shares covered by the notice is $1,450,418.83.
How many shares of the issuer were outstanding in this DRI filing?
The filing states that there were 115,139,249 shares of the issuer’s common stock outstanding at the referenced time.
How were the DRI shares being sold under Form 144 originally acquired?
The shares were acquired from the issuer via an option exercise for 3,182 shares on 01/15/2026 paid in cash, and 3,592 restricted shares that vested on 07/29/2024 as services rendered.
On what date does the DRI shareholder plan to sell the Form 144 shares?
The notice lists an approximate date of sale of 01/15/2026 for the 6,774 common shares.
What representation does the seller make about inside information in this DRI Form 144?
The person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.