Planned sale of 3,123 Darden (NYSE: DRI) shares disclosed
Rhea-AI Filing Summary
Darden Restaurants has a planned insider stock sale under Rule 144. A holder of Darden common stock filed a notice to sell 3,123 shares through J.P. Morgan Securities LLC on the NYSE, with an aggregate market value of $640,714.68. The filing notes that 115,139,249 shares of common stock were outstanding at the time referenced.
The shares to be sold were originally acquired on 04/30/2021 from the issuer as compensation for services rendered, rather than through a cash purchase. The filer also represents they are not aware of any undisclosed material adverse information about Darden’s current or prospective operations.
Positive
- None.
Negative
- None.
FAQ
Does the filer make any representation about Darden’s undisclosed information?
Yes. By signing, the person for whose account the securities are to be sold represents that they do not know any material adverse information about Darden’s current or prospective operations that has not been publicly disclosed.