Darden Restaurants director receives 936 stock units
The award converts into common shares one-for-one, with vesting tied to one year after grant or the next shareholder meeting.
Rhea-AI Filing Summary
Darden Restaurants Inc. director M. Shan Atkins received 936 restricted stock units on September 23, 2026, as a FY27 director annual grant. The units convert into common stock one-for-one and vest on the first to occur of one year from the grant date or the next annual meeting of shareholders. The director may defer settlement once until termination from the board. Separately, the reported direct common-stock holding was 1,162 shares.
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Insider Trade Summary
Grant/Award: 936 shares
Grant/Award
2 txns
Insider
ATKINS M SHAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (FY27 Director Annual Grants) F1, F2 | 936 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (FY27 Director Annual Grants) — 936 contracts (Direct);
Common Stock — 1,162 shares (Direct)
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. The RSUs vest on the first to occur of one year from date of grant and the date of the next annual meeting of shareholders. The director has a one time option to defer settlement until their termination from the board.
Key Figures
Restricted stock units granted: 936 units
RSU conversion: 1 common share per RSU
Direct common-stock holdings: 1,162 shares
+1 more
4 metrics
Restricted stock units granted
936 units
FY27 director annual grant on September 23, 2026
RSU conversion
1 common share per RSU
Conversion into common stock
Direct common-stock holdings
1,162 shares
Reported following the transaction
Vesting period
One year
Vests on the first to occur of one year from grant or the next annual meeting of shareholders
Key Terms
Restricted Stock Units, vest, defer settlement
3 terms
Restricted Stock Units financial
"Restricted Stock Units (FY27 Director Annual Grants)"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"The RSUs vest on the first to occur"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
defer settlement financial
"option to defer settlement until their termination from the board"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many RSUs did the DRI director receive?
M. Shan Atkins received 936 restricted stock units on September 23, 2026, as a FY27 director annual grant. The units convert into common stock one-for-one.
When do the DRI director's RSUs vest?
The RSUs vest on the first to occur of one year from the grant date and the date of the next annual meeting of shareholders. The director has a one-time option to defer settlement until termination from the board.
AI-generated analysis. How Rhea-AI works. Not financial advice.