Darden director Fogarty exercises 886 RSUs

Director James P. Fogarty converted 886 RSUs into common stock and now directly holds 27,434 Darden shares.

Available on EDGAR 09/18/2026 - 11:59 AM EDT Accepted by SEC EDGAR 09/18/2026 - 11:59 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

DARDEN RESTAURANTS INC (DRI) director James P. Fogarty exercised 886 restricted stock units from his FY26 director annual grant on September 17, 2026, converting them into 886 shares of common stock on a one-for-one basis. Following the conversion, he holds 27,434 shares of Darden common stock directly, and the RSU balance from this grant is zero. No Rule 10b5-1 trading plan is reported for these transactions.

Insider Trade Summary

886 shares exercised/converted

Exercise 2 txns

Insider FOGARTY JAMES P

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (FY26 Director Annual Grant) F1, F2	886	--	--
Exercise	Common Stock F1	886	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units (FY26 Director Annual Grant) — 0 contracts (Direct); Common Stock — 27,434 shares (Direct)

Footnotes (2)

1. F1. Restricted stock units convert into common stock on a one-for-one basis.
2. 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.

Key Figures

RSUs exercised: 886 units Common shares acquired via conversion: 886 shares Holdings after transaction: 27,434 shares +1 more

4 metrics

RSUs exercised 886 units Restricted Stock Units (FY26 Director Annual Grant) converted on September 17, 2026

Common shares acquired via conversion 886 shares Shares of Darden common stock received from RSU conversion on September 17, 2026

Holdings after transaction 27,434 shares Direct ownership of Darden common stock by James P. Fogarty after RSU conversion

Exercise transactions 1 exercise, 886 shares Derivative exercise/conversion reported in transaction summary

Key Terms

Restricted Stock Units, Common Stock, vest

3 terms

Restricted Stock Units financial

"Restricted stock units convert into common stock on a one-for-one basis"

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.

Common Stock financial

"Restricted stock units convert into common stock on a one-for-one basis"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

vest financial

"The RSUs vest on the first to occur of one year from date of grant"

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.

FAQ

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

What insider transaction did DRI director James P. Fogarty report on this Form 4?

He reported exercising 886 restricted stock units from his FY26 director annual grant on September 17, 2026, converting them into 886 shares of Darden common stock on a one-for-one basis.

How many DRI shares does James P. Fogarty own after the reported transactions?

After the RSU conversion, James P. Fogarty directly owns 27,434 shares of Darden common stock, as reported in the Form 4.

Were the reported DRI transactions made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, so no Rule 10b5-1 trading plan is reported for these transactions.

What happened to the 886 RSUs held by James P. Fogarty at DRI?

The 886 restricted stock units were converted into 886 shares of common stock on September 17, 2026. The RSUs convert into common stock on a one-for-one basis according to the footnote.

What type of security did James P. Fogarty acquire in the DRI Form 4 filing?

He acquired 886 shares of Darden common stock through the exercise and conversion of an equal number of restricted stock units from his FY26 director annual grant.

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

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FOGARTY JAMES P

(Last) (First) (Middle)

1000 DARDEN CENTER DRIVE

(Street)

ORLANDO FLORIDA 32837

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DARDEN RESTAURANTS INC [ DRI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/17/2026		M		886	A	$0(1)	27,434	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (FY26 Director Annual Grant)	(1)	09/17/2026		M			886	(2)	(2)	Common Stock	886	(1)	0.0000	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. 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.

Remarks:

fogarty2026poa.txt

	A. Noni Holmes-Kidd, Attorney-in-fact for Fogarty, James P.	09/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)