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Darden Restaurants shareholders reject director policy

Shareholders gave advisory approval to executive compensation and ratified KPMG, while declining a proposal on review of low director support.

(Moderate)
(Negative)
Form Type
8-K

Rhea-AI Filing Summary

Darden Restaurants, Inc. elected nine directors at its September 23, 2026 annual meeting: Margaret Shân Atkins, Ricardo Cardenas, Juliana L. Chugg, James P. Fogarty, Cynthia T. Jamison, Daryl A. Kenningham, William S. Simon, Charles M. Sonsteby and Timothy J. Wilmott. They will serve until the next annual meeting or until successors are elected and qualified.

Shareholders approved executive compensation on an advisory basis, ratified KPMG LLP as the independent registered public accounting firm for the fiscal year ending May 30, 2027, and did not approve a proposal requesting a policy to review low director support.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Directors elected 9 directors Annual meeting; to serve until the next annual meeting or until successors are elected and qualified
Executive compensation resolution — For 83,666,042 votes Advisory approval
Executive compensation resolution — Against 8,332,392 votes Advisory approval
KPMG appointment ratification — For 96,586,896 votes Independent registered public accounting firm for the fiscal year ending May 30, 2027
Low director support policy proposal — Against 88,893,049 votes Proposal requesting a policy for review of low director support
Broker Non-Vote regulatory
"Broker Non-Vote"
A broker non-vote happens when a brokerage firm holds shares in street name for a client but does not cast a ballot on a particular shareholder item because the broker lacks discretionary authority to vote that matter. Think of it like a person who owns a ticket but the ticket-holder refuses to vote on some issues; the share counts for ownership but not for that vote, which can affect whether proposals reach the required number of votes or a quorum.
advisory approval regulatory
"providing advisory approval of the Company’s executive compensation"
independent registered public accounting firm regulatory
"as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How did DRI shareholders vote on executive compensation in 2026?

Shareholders approved the executive compensation resolution on an advisory basis, with 83,666,042 votes for, 8,332,392 against and 217,673 abstentions; broker non-votes were 10,017,803.

What happened to DRI's low director support policy proposal?

Shareholders did not approve the proposal requesting a policy for review of low director support: 2,710,897 votes were for, 88,893,049 against and 612,161 abstained; broker non-votes were 10,017,803.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
DARDEN RESTAURANTS INC0000940944false00009409442026-09-232026-09-23


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 FORM 8-K
 CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: September 23, 2026
(Date of earliest event reported)
DARDEN RESTAURANTS, INC.
(Exact name of registrant as specified in its charter)
Commission File Number: 1-13666
 
Florida59-3305930
(State or other jurisdiction of incorporation)(IRS Employer Identification No.)
1000 Darden Center Drive, Orlando, Florida 32837
(Address of principal executive offices, including zip code)
(407) 245-4000
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered
Common Stock, without par valueDRINew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (17 CFR 230.405) or Rule 12b-2 of the Exchange Act (17 CFR 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 5.07
Submission of Matters to a Vote of Security Holders.

(a)    The Annual Meeting of Shareholders of the Company (the “Annual Meeting”) was held online via the internet at www.virtualshareholdermeeting.com/DRI2026 on September 23, 2026. On September 24, 2026, Peter W. Descovich, the independent Inspector of Election for the Annual Meeting, delivered to the Company his final, certified vote results.

(b)    The name of each director elected at the meeting, a brief description of each other matter voted upon, and the voting results are provided below. At the Annual Meeting, the shareholders took the following actions:

(i)    Elected the following 9 directors to serve until the next annual meeting of shareholders or until his or her successor is elected and qualified.
NomineesForWithheldBroker
Non-Vote
Margaret Shân Atkins89,043,5723,172,53510,017,803
Ricardo Cardenas90,549,0011,667,10610,017,803
Juliana L. Chugg89,309,0202,907,08710,017,803
James P. Fogarty89,551,1542,664,95310,017,803
Cynthia T. Jamison87,870,7324,345,37510,017,803
Daryl A. Kenningham91,358,338857,76910,017,803
William S. Simon89,051,5893,164,51810,017,803
Charles M. Sonsteby89,253,6512,962,45610,017,803
Timothy J. Wilmott90,345,9311,870,17610,017,803

(ii)    Approved a resolution providing advisory approval of the Company’s executive compensation.
For
83,666,042
Against
8,332,392
Abstain
217,673
Broker Non-Vote
10,017,803

(iii) Ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending May 30, 2027.
For
96,586,896
Against
5,594,908
Abstain
52,106
Broker Non-Vote
0

(iv) Did not approve the shareholder proposal requesting the Company adopt a policy for review of low director support.
For
2,710,897
Against
88,893,049
Abstain
612,161
Broker Non-Vote
10,017,803

2


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

DARDEN RESTAURANTS, INC.
By:/s/ Lindsay L. Koren
Lindsay L. Koren
Senior Vice President, General Counsel, Chief Compliance Officer, and Corporate Secretary
Date: September 24, 2026
3

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3 documents

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