Darden Restaurants Inc (NYSE: DRI) awards RSUs and options to SVP
Rhea-AI Filing Summary
Darden Restaurants Inc reported equity awards to SVP General Counsel Lindsay L. Koren on 2026-07-29. Koren received 1,373 restricted stock units, which convert into common stock on a one-for-one basis, and 4,050 stock options at an exercise price of $212.23 expiring on 2036-07-29. The option vests in two equal annual installments beginning 2029-07-29. Following these awards, Koren holds 2,453.746 shares of common stock directly, including shares acquired through the Employee Stock Purchase Plan and its dividend reinvestment feature.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Koren Lindsay L.
Role
SVP General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (FY27 Annual Grant) F2 | 1,373 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) F3 | 4,050 | $0.00 | $0.00 |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (FY27 Annual Grant) — 1,373 shares (Direct);
Stock Option (Right to Buy) — 4,050 shares (Direct);
Common Stock — 2,453.746 shares (Direct)
Footnotes (3)
- F1. Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
- F2. Restricted stock units convert into common stock on a one-for-one basis.
- F3. This option vests in two equal annual installments beginning on July 29, 2029.
Key Figures
RSUs granted: 1,373 units
Stock options granted: 4,050 options
Option exercise price: $212.23 per share
+3 more
6 metrics
RSUs granted
1,373 units
FY27 annual restricted stock unit grant to Lindsay L. Koren on 2026-07-29
Stock options granted
4,050 options
Stock option award to Lindsay L. Koren on 2026-07-29
Option exercise price
$212.23 per share
Exercise price for 4,050 stock options granted to Lindsay L. Koren
Common stock holdings
2,453.746 shares
Direct Darden common stock held by Lindsay L. Koren after reported awards
Option expiration date
2036-07-29
Expiration date of stock options granted on 2026-07-29
RSU conversion ratio
1:1
Restricted stock units convert into common stock on a one-for-one basis
Key Terms
Restricted Stock Units, Stock Option (Right to Buy), Employee Stock Purchase Plan, dividend reinvestment feature
4 terms
Restricted Stock Units financial
"Security title: Restricted Stock Units (FY27 Annual Grant)"
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.
Stock Option (Right to Buy) financial
"Security title: Stock Option (Right to Buy)"
Employee Stock Purchase Plan financial
"acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
dividend reinvestment feature financial
"and dividend reinvestment feature of the Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Darden Restaurants (DRI) report for Lindsay L. Koren?
Darden Restaurants reported that SVP General Counsel Lindsay L. Koren received 1,373 restricted stock units and 4,050 stock options on 2026-07-29. These awards are part of equity-based compensation and do not represent open-market purchases or sales.
How many RSUs were granted to the Darden (DRI) SVP General Counsel and how do they convert?
Lindsay L. Koren was granted 1,373 restricted stock units as an FY27 annual grant. According to the filing, these RSUs convert into common stock on a one-for-one basis, meaning each unit will settle into one share of Darden common stock upon conversion.
What are the terms of the stock options granted to Lindsay L. Koren at Darden (DRI)?
Koren received 4,050 stock options with an exercise price of $212.23 per share, expiring on 2036-07-29. The options vest in two equal annual installments, starting on July 29, 2029, aligning with long-term incentive compensation structure.
Were Lindsay L. Koren’s Darden (DRI) equity awards made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote indicating a trading plan. The reported equity awards appear as standard compensation grants rather than transactions executed under a pre-arranged Rule 10b5-1 plan.