Darden Restaurants grants equity to LongHorn president
Darden Restaurants executive Laura B. Williamson, President of LongHorn Steakhouse, received equity awards on July 29, 2026.
Rhea-AI Filing Summary
Darden Restaurants executive Laura B. Williamson, President of LongHorn Steakhouse, received equity awards on July 29, 2026. Grants included 1,154 restricted stock units and stock options for 3,405 shares of common stock at an exercise price of $212.23 per share, plus additional RSUs and options held indirectly by her spouse.
The RSUs convert into common stock on a one-for-one basis, and the options vest in two equal annual installments beginning July 29, 2029, expiring July 29, 2036. Following these awards, she reports direct ownership of 11,864.405 common shares, with further indirect holdings through a 401(k) plan and her spouse, including shares acquired via an employee stock purchase plan and dividend reinvestment.
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- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (FY27 Annual Grant) F2 | 1,154 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) F3 | 3,405 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units (FY27 Annual Grant) F2 | 125 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) F3 | 368 | $0.00 | $0.00 |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
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
Key Terms
Restricted Stock Units financial
Stock Option (Right to Buy) financial
Employee Stock Purchase Plan financial
dividend reinvestment financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Darden Restaurants (DRI) grant to Laura B. Williamson?
What is the exercise price and vesting schedule of the new DRI stock options?
Were any equity awards granted to Laura B. Williamson's spouse in this DRI transaction?
How do the restricted stock units in this DRI grant convert into common stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.