Darden director granted 153 RSUs as board retainer
DARDEN RESTAURANTS INC (DRI) director Timothy J. Wilmott reported an equity compensation grant and updated holdings.
Rhea-AI Filing Summary
DARDEN RESTAURANTS INC (DRI) director Timothy J. Wilmott reported an equity compensation grant and updated holdings. On 2026-08-30, he received 153 restricted stock units as part of FY19–FY27 director compensation, which convert into common stock on a one-for-one basis and are deliverable after his termination of board service. Following this award, he directly holds 6,337 RSUs and indirectly holds 27,094 common shares through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 153 shares
Grant/Award
2 txns
Insider
WILMOTT TIMOTHY J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (FY19 Director Compensation) F1, F2, F3 | 153 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (FY19 Director Compensation) — 6,337 contracts (Direct);
Common Stock — 27,094 shares (Indirect, By Trust)
Footnotes (3)
- F1. Includes FY19, FY20, FY21, FY22, FY23, FY24, FY25, FY26, and FY27 director compensation.
- F2. Restricted stock units convert into common stock on a one-for-one basis.
- F3. The Reporting Person elected to take all of the quarterly cash retainer for serving as a director in the form of restricted stock units for which vested shares will be delivered to the Reporting Person upon the Reporting Person's termination of service as a director.
Key Figures
Restricted stock units granted: 153 RSUs
RSUs held after transaction: 6,337 RSUs
Indirect common shares held by trust: 27,094 shares
+1 more
4 metrics
Restricted stock units granted
153 RSUs
Grant on 2026-08-30 as FY19–FY27 director compensation
RSUs held after transaction
6,337 RSUs
Total director compensation RSUs following 2026-08-30 grant
Indirect common shares held by trust
27,094 shares
Indirect ownership in Darden Restaurants common stock by trust
RSU transaction price per unit
$0.0000 per unit
Reported price for 153 RSUs granted on 2026-08-30
Key Terms
Restricted Stock Units, quarterly cash retainer, termination of service as a director, one-for-one basis
4 terms
Restricted Stock Units financial
"Restricted Stock Units (FY19 Director Compensation)"
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.
quarterly cash retainer financial
"take all of the quarterly cash retainer for serving as a director"
termination of service as a director regulatory
"delivered to the Reporting Person upon the Reporting Person's termination of service"
one-for-one basis financial
"Restricted stock units convert into common stock on a one-for-one basis"
FAQ
What insider transaction did DRI director Timothy J. Wilmott report on this Form 4?
Timothy J. Wilmott reported a grant of 153 restricted stock units tied to FY19–FY27 director compensation, converting into Darden Restaurants common stock on a one-for-one basis, with vested shares to be delivered after his termination of service as a director.
How many restricted stock units does DRI director Timothy J. Wilmott hold after this transaction?
After the reported grant, Timothy J. Wilmott holds 6,337 restricted stock units related to Darden Restaurants director compensation programs, each RSU convertible into one share of Darden common stock according to the filing footnotes.
What indirect DRI common stock holdings does Timothy J. Wilmott report?
Timothy J. Wilmott reports indirect ownership of 27,094 shares of Darden Restaurants common stock, held by trust. This line is a holdings entry, not a new transaction, and reflects his reported position through that trust.
Were the new DRI restricted stock units granted for cash payment?
No. The 153 restricted stock units were reported at a transaction price of $0.0000 per unit. A footnote explains that Wilmott elected to receive his quarterly cash retainer for serving as a director in the form of restricted stock units instead of cash.
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