Darden Restaurants chair receives 1,404 stock units
The RSUs vest at the earlier of one year after grant or the next annual meeting; settlement may be deferred until her termination from the board.
Rhea-AI Filing Summary
Darden Restaurants Inc. (DRI) reports that its Chairman of the Board, Cynthia T. Jamison, acquired 1,404 restricted stock units on September 23, 2026, under the FY27 Director Annual Grants. The units convert into common stock one-for-one. Her reported direct positions after the award were 6,961 common shares and 1,404 RSUs. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,404 shares
Grant/Award
2 txns
Insider
JAMISON CYNTHIA T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (FY27 Director Annual Grants) F1, F2 | 1,404 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (FY27 Director Annual Grants) — 1,404 contracts (Direct);
Common Stock — 6,961 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 acquired: 1,404 units
Direct common shares after award: 6,961 shares
RSUs after award: 1,404 units
+2 more
5 metrics
Restricted stock units acquired
1,404 units
FY27 Director Annual Grants on September 23, 2026
Direct common shares after award
6,961 shares
Reported position after the award
RSUs after award
1,404 units
Reported direct position after the award
Conversion ratio
1 RSU converts into 1 common share
RSU conversion terms
Vesting trigger
1 year from grant
Vests on the first to occur of this date or the next annual meeting of shareholders
Key Terms
Restricted stock units, vest, one-for-one basis, defer settlement
4 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 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.
one-for-one basis financial
"convert into common stock on a one-for-one basis"
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 DRI restricted stock units did Cynthia T. Jamison receive?
Cynthia T. Jamison, Chairman of the Board, acquired 1,404 restricted stock units on September 23, 2026, under the FY27 Director Annual Grants. The units convert into common stock on a one-for-one basis.
When do Cynthia T. Jamison's DRI restricted stock units vest?
Jamison's 1,404 RSUs vest on the first to occur of one year from the September 23, 2026 grant date and the date of the next annual meeting of shareholders. She has a one-time option to defer settlement until her termination from the board.
AI-generated analysis. How Rhea-AI works. Not financial advice.
