STOCK TITAN

[Form 4] DARDEN RESTAURANTS INC Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Daryl Kenningham, a director of Darden Restaurants, reported equity awards and conversions on 09/17/2025. The filing shows Restricted Stock Units (RSUs) converting one-for-one into common stock. On that date 823 RSUs associated with the FY25 annual grant are recorded and 886 RSUs from the FY26 director annual grant were acquired, totaling 1,709 RSUs referenced in the filing. The FY25 RSUs and the FY26 director grant vest on the earlier of one year from grant or the next annual meeting of shareholders. Following the reported transactions, the reporting person beneficially owned 1,280 shares of common stock as shown in the form. The form was signed by an attorney-in-fact on 09/19/2025.

Daryl Kenningham, un direttore di Darden Restaurants, ha riportato premi azionari e conversioni il 17/09/2025. Il fascicolo indica che le RSU si sono convertite una a una in azioni ordinarie. In quella data erano registrate 823 RSU legate al grant annuale FY25 e sono state acquisite 886 RSU dal grant annuale del direttore FY26, per un totale di 1.709 RSU citate nel fascicolo. Le RSU FY25 e il grant del direttore FY26 maturano al primo tra uno spa­sio annuale dalla concessione o la prossima assemblea annuale degli azionisti. A seguito delle transazioni riportate, la persona che presenta la dichiarazione detiene beneficiariamente 1.280 azioni ordinarie come indicato nel modulo. Il modulo è stato firmato da un procuratore in potenza il 19/09/2025.

Daryl Kenningham, director de Darden Restaurants, declaró premios de acciones y conversiones el 17/09/2025. El expediente muestra que las RSU se convirtieron una por una en acciones comunes. En esa fecha se registraron 823 RSU asociadas a la concesión anual FY25 y se adquirieron 886 RSU del grant anual del director FY26, para un total de 1.709 RSU mencionadas en el expediente. Las RSU FY25 y la concesión del director FY26 vencen en la fecha más temprana entre un año desde la concesión o la próxima junta anual de accionistas. Después de las transacciones informadas, la persona reportante detentaba de manera beneficiosa 1.280 acciones ordinarias, como se muestra en el formulario. El formulario fue firmado por un apoderado en calidad de abogado en 19/09/2025.

대럴 케닝햄은 다든 레스토랑의 이사로서 2025년 9월 17일 주식 보상 및 전환을 보고했습니다. 제출 서류에 따르면 RSU가 보통주로 1대 1로 전환되었습니다. 해당일에 FY25 연간 수여와 관련된 823개의 RSU가 기록되었고 FY26 이사 연간 수여에서 886개의 RSU가 취득되어 총 1,709개의 RSU가 서류에 명시되었습니다. FY25 RSU와 FY26 이사 수여는 수여일로부터 1년 또는 주주 총회의 다음 개최일 중 먼저 도래하는 시점에 비로소 취득 시점이 완성됩니다. 보고된 거래 이후, 보고 서명자는 서식에 표시된 대로 1,280주의 보통주를 실질적으로 보유했습니다. 서식은 2025년 9월 19일에 대리인에 의해 서명되었습니다.

Ralph Daryl Kenningham, administrateur chez Darden Restaurants, a déclaré des attributions et des conversions d’actions le 17/09/2025. Le dépôt indique que les RSU se sont converties une pour une en actions ordinaires. À cette date, 823 RSU associées à la subvention annuelle FY25 ont été enregistrées et 886 RSU issues de la subvention annuelle du directeur FY26 ont été acquises, portant le total à 1 709 RSU mentionnées dans le dossier. Les RSU FY25 et la subvention du directeur FY26 se vencent à la date la plus proche entre un an après la subvention et la prochaine Assemblée générale des actionnaires. Après les transactions indiquées, la personne déclarant détenait, de manière bénéficiaire, 1 280 actions ordinaires telles que indiquées dans le formulaire. Le formulaire a été signé par un mandataire en date du 19/09/2025.

Daryl Kenningham, ein Direktor von Darden Restaurants, meldete am 17.09.2025 Aktienzusagen und -umwandlungen. Die Einreichung zeigt, dass Restricted-Stock-Units (RSUs) eins zu eins in Stammaktien umgewandelt wurden. An diesem Datum wurden 823 RSUs, die mit dem FY25-Jahreszuwachs verbunden sind, erfasst, und 886 RSUs aus dem FY26-Direktor-Jahreszuwachs wurden erworben, was insgesamt 1.709 RSUs ergibt, die im Dokument erwähnt werden. Die FY25-RSUs und der FY26-Direktorenzuwachs verfallen jeweils zum früheren der beiden Termine: ein Jahr nach der Gewährung oder die nächste Hauptversammlung der Aktionäre. Nach den gemeldeten Transaktionen besaß die meldende Person wirtschaftlich 1.280 Stammaktien, wie im Formular angegeben. Das Formular wurde am 19.09.2025 von einem Generalbevollmächtigten unterschrieben.

أعلن داريل كينينغهام، وهو مدير في Darden Restaurants، منح وعمليات تحويل أسهم في 17/09/2025. يُظهر الملف أن وحدات الأسهم المقيدة RSU تحولت إلى أسهم عادية بمقدار واحد مقابل واحد. في ذلك التاريخ، تم تسجيل 823 RSU مرتبطة بمنحة FY25 السنوية وتم اكتساب 886 RSU من منحة FY26 لمدير السنة المالية، ليصل الإجمالي إلى 1,709 RSU مذكورة في الملف. تستحق RSU FY25 ومنحة FY26 الخاصة بالمدير في أقرب تاريخ وهو إما بعد عام من المنحة أو الاجتماع السنوي التالي للمساهمين. بعد المعاملات المبلغ عنها، امتلك الشخص المبلغ/reporting المسؤول فائدة تفيد بملك 1,280 سهمًا من الأسهم العادية كما هو موضح في النموذج. كما أن النموذج موقع من وكيل قانوني في 19/09/2025.

达里尔·肯宁汉姆,达登餐饮集团的董事,于 2025-09-17 报告了股权奖励及转换。 文件显示 RSU 以一对一的比例转换为普通股。在该日期,记录了与 FY25 年度授予相关的 823 份 RSU,以及从 FY26 年度董事授予中获得的 886 份 RSU,总计 1,709 份 RSU 在文件中被引用。FY25 RSU 和 FY26 董事授予的归属期为授予日后一年与下一次股东大会之间较早者。在报告的交易完成后,报告人按表格所示实际持有 1,280 股普通股。该表格由一名代理律师于 2025-09-19 签署。

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine director equity awards and RSU conversions were reported; no indication of cash transactions or unusual dispositions.

The filing documents standard director compensation in the form of Restricted Stock Units that convert one-for-one into common shares and vest based on time or the next annual meeting. The total RSUs referenced equal 1,709 units across FY25 and FY26 grants, with 886 RSUs shown as newly acquired. Beneficial ownership after these entries is reported as 1,280 shares. This pattern aligns with customary equity-based compensation for non-employee directors and is a routine disclosure under Section 16.

TL;DR: The Form 4 indicates non-cash equity grants for a director; the disclosure appears routine and immaterial to company valuation by itself.

The statement lists a conversion of 823 RSUs tied to the FY25 annual grant and acquisition of 886 RSUs for the FY26 director grant, both at $0.0000 price per share as recorded. These entries reflect award and conversion mechanics rather than open-market trades. Reported beneficial ownership of 1,280 shares provides context on the director's stake size as disclosed. No sale or market disposition is reported in this filing.

Daryl Kenningham, un direttore di Darden Restaurants, ha riportato premi azionari e conversioni il 17/09/2025. Il fascicolo indica che le RSU si sono convertite una a una in azioni ordinarie. In quella data erano registrate 823 RSU legate al grant annuale FY25 e sono state acquisite 886 RSU dal grant annuale del direttore FY26, per un totale di 1.709 RSU citate nel fascicolo. Le RSU FY25 e il grant del direttore FY26 maturano al primo tra uno spa­sio annuale dalla concessione o la prossima assemblea annuale degli azionisti. A seguito delle transazioni riportate, la persona che presenta la dichiarazione detiene beneficiariamente 1.280 azioni ordinarie come indicato nel modulo. Il modulo è stato firmato da un procuratore in potenza il 19/09/2025.

Daryl Kenningham, director de Darden Restaurants, declaró premios de acciones y conversiones el 17/09/2025. El expediente muestra que las RSU se convirtieron una por una en acciones comunes. En esa fecha se registraron 823 RSU asociadas a la concesión anual FY25 y se adquirieron 886 RSU del grant anual del director FY26, para un total de 1.709 RSU mencionadas en el expediente. Las RSU FY25 y la concesión del director FY26 vencen en la fecha más temprana entre un año desde la concesión o la próxima junta anual de accionistas. Después de las transacciones informadas, la persona reportante detentaba de manera beneficiosa 1.280 acciones ordinarias, como se muestra en el formulario. El formulario fue firmado por un apoderado en calidad de abogado en 19/09/2025.

대럴 케닝햄은 다든 레스토랑의 이사로서 2025년 9월 17일 주식 보상 및 전환을 보고했습니다. 제출 서류에 따르면 RSU가 보통주로 1대 1로 전환되었습니다. 해당일에 FY25 연간 수여와 관련된 823개의 RSU가 기록되었고 FY26 이사 연간 수여에서 886개의 RSU가 취득되어 총 1,709개의 RSU가 서류에 명시되었습니다. FY25 RSU와 FY26 이사 수여는 수여일로부터 1년 또는 주주 총회의 다음 개최일 중 먼저 도래하는 시점에 비로소 취득 시점이 완성됩니다. 보고된 거래 이후, 보고 서명자는 서식에 표시된 대로 1,280주의 보통주를 실질적으로 보유했습니다. 서식은 2025년 9월 19일에 대리인에 의해 서명되었습니다.

Ralph Daryl Kenningham, administrateur chez Darden Restaurants, a déclaré des attributions et des conversions d’actions le 17/09/2025. Le dépôt indique que les RSU se sont converties une pour une en actions ordinaires. À cette date, 823 RSU associées à la subvention annuelle FY25 ont été enregistrées et 886 RSU issues de la subvention annuelle du directeur FY26 ont été acquises, portant le total à 1 709 RSU mentionnées dans le dossier. Les RSU FY25 et la subvention du directeur FY26 se vencent à la date la plus proche entre un an après la subvention et la prochaine Assemblée générale des actionnaires. Après les transactions indiquées, la personne déclarant détenait, de manière bénéficiaire, 1 280 actions ordinaires telles que indiquées dans le formulaire. Le formulaire a été signé par un mandataire en date du 19/09/2025.

Daryl Kenningham, ein Direktor von Darden Restaurants, meldete am 17.09.2025 Aktienzusagen und -umwandlungen. Die Einreichung zeigt, dass Restricted-Stock-Units (RSUs) eins zu eins in Stammaktien umgewandelt wurden. An diesem Datum wurden 823 RSUs, die mit dem FY25-Jahreszuwachs verbunden sind, erfasst, und 886 RSUs aus dem FY26-Direktor-Jahreszuwachs wurden erworben, was insgesamt 1.709 RSUs ergibt, die im Dokument erwähnt werden. Die FY25-RSUs und der FY26-Direktorenzuwachs verfallen jeweils zum früheren der beiden Termine: ein Jahr nach der Gewährung oder die nächste Hauptversammlung der Aktionäre. Nach den gemeldeten Transaktionen besaß die meldende Person wirtschaftlich 1.280 Stammaktien, wie im Formular angegeben. Das Formular wurde am 19.09.2025 von einem Generalbevollmächtigten unterschrieben.

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).
1. Name and Address of Reporting Person*
Kenningham Daryl

(Last) (First) (Middle)
1000 DARDEN CENTER DRIVE

(Street)
ORLANDO FL 32837

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
09/17/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 09/17/2025 M 823 A $0(1) 1,280 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 (FY25 Annual Grant) (1) 09/17/2025 M 823 (2) (2) Common Stock 823 (1) 0.0000 D
Restricted Stock Units (FY26 Director Annual Grant) (1) 09/17/2025 A 886 (2) (2) Common Stock 886 $0.0000 886 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.
A. Noni Holmes-Kidd, Attorney-in-fact for Kenningham, Daryl A. 09/19/2025
** 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.

FAQ

What did Darden (DRI) director Daryl Kenningham report on Form 4?

The Form 4 reports acquisition and conversion of Restricted Stock Units: 823 RSUs (FY25) and 886 RSUs (FY26 director grant) with RSUs converting one-for-one into common stock.

How many total RSUs are shown in the Form 4 for Daryl Kenningham?

The filing references a total of 1,709 RSUs (823 from FY25 plus 886 from the FY26 director grant).

What is the vesting schedule for the RSUs reported in the Form 4?

The RSUs vest on the earlier of one year from the date of grant or the date of the next annual meeting of shareholders, per the filing.

How many shares did the reporting person beneficially own after the transactions?

The Form 4 shows the reporting person beneficially owned 1,280 shares of common stock following the reported transactions.

When were the transactions and when was the Form 4 signed?

Transactions are dated 09/17/2025 and the Form 4 was signed by an attorney-in-fact on 09/19/2025.
Darden Restaurants Inc

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