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5,091-share sale notice by DRI (NYSE: DRI) after option exercise under plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

DRI filed a Form 144 notice to sell 5,091 shares, arising from an exercise of options under a registered plan dated 04/06/2026. The filing lists cash as the sale method and notes prior sales of 1,200 shares on 01/06/2026 for $236,964.00.

Positive

  • None.

Negative

  • None.

Insights

Routine affiliate sale notice linked to option exercise; no new governance issues.

The filing documents a proposed resale of 5,091 common shares following an exercise of options under a registered plan on 04/06/2026. The method of sale is listed as cash, with the broker/agent information provided.

Past activity includes a reported disposition of 1,200 shares on 01/06/2026 for $236,964.00, indicating recent portfolio activity by an affiliate. Cash‑flow treatment and buyer identity are not provided in the excerpt.

Proposed sale 5,091 shares Securities To Be Sold, <date>04/06/2026</date>
Recent sales past 3 months 1,200 shares Sold on <date>01/06/2026</date>
Proceeds reported for prior sale $236,964.00 Proceeds for 1,200 shares on <date>01/06/2026</date>
Transaction date 04/06/2026 Exercise of options under a registered plan
Form 144 regulatory
"Filed a Form 144 notice to sell 5,091 shares"
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.
exercise of options under a registered plan financial
"Exercise of options under a registered plan dated 04/06/2026"
broker/agent other
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does DRI's Form 144 report say about the shares being sold?

The Form 144 reports a proposed sale of 5,091 shares by an affiliate, tied to an exercise of options under a registered plan dated 04/06/2026. It lists cash as the sale method and identifies the executing broker.

How many shares did the affiliate sell in the past three months for DRI?

The filing shows a prior sale of 1,200 shares on 01/06/2026 with gross proceeds of $236,964.00. That transaction is reported separately from the current proposed sale.

Who is handling the proposed sale in the DRI Form 144?

The notice names Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza as the broker/agent for the transaction dated 04/06/2026. The excerpt provides the broker address and exchange listing (NYSE).

Is the proposed sale by DRI subject to any special conditions in the filing?

The filing states the sale arises from an exercise of options under a registered plan and lists cash as the sale method. No additional conditional qualifiers (e.g., subject to shareholder approval) appear in the provided excerpt.