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Darden (NYSE: DRI) LongHorn president earns performance stock units and updates holdings

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

Rhea-AI Filing Summary

Darden Restaurants executive Laura B. Williamson, President of LongHorn Steakhouse, reported routine equity compensation awards and updated holdings. On June 23, 2026, she and her spouse earned 620 and 249 performance restricted stock units (PSUs) tied to relative total shareholder return from July 26, 2023 through May 31, 2026.

The 620 PSUs are held directly and the 249 PSUs are held indirectly through her spouse, and each PSU converts into one share of common stock. This grant vests in two equal annual installments beginning on July 26, 2026. After these updates, she reports 10,738.732 common shares held directly, 5,531.099 common shares held indirectly by her spouse, and 936.4844 common shares held indirectly via a 401(k) plan, along with the newly earned PSUs.

Positive

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Insights

Form 4 shows routine PSU awards for a Darden executive, not open‑market trades.

Laura B. Williamson received performance restricted stock units as part of long‑term incentive compensation, with 620 PSUs earned directly and 249 PSUs earned through her spouse. These awards were based on relative total shareholder return over a defined performance period.

The PSUs convert into common stock on a one‑for‑one basis and vest in two equal annual installments starting on July 26, 2026. No open‑market buys or sells were reported, so the filing mainly updates her equity position rather than signaling a change in market view.

Insider Williamson Laura B
Role President, LongHorn Steakhouse
Type Security Shares Price Value
Grant/Award Performance Restricted Stock Units (FY24) 620 $0.00 --
Grant/Award Performance Restricted Stock Units (FY24) 249 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Performance Restricted Stock Units (FY24) — 620 shares (Direct, null); Performance Restricted Stock Units (FY24) — 249 shares (Indirect, By Spouse); Common Stock — 10,738.732 shares (Direct, null); Common Stock — 936.484 shares (Indirect, By 401k)
Footnotes (1)
  1. Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan. On July 26, 2023, the Reporting Person was awarded 602 target performance restricted stock units (PSUs) subject to the achievement of performance criteria (relative total shareholder return as compared to a selected comparison group) from July 26, 2023 through May 31, 2026. Performance restricted stock units convert into common stock on a one-for-one basis. On June 23, 2026, the Compensation Committee of the Board of Directors determined the final results under the applicable performance criteria resulting in 620 PSUs being earned in accordance with the provisions of the applicable award agreement. This grant vests in two equal annual installments beginning on July 26, 2026. On July 26, 2023, the Reporting Person was awarded 241 target performance restricted stock units (PSUs) subject to the achievement of performance criteria (relative total shareholder return as compared to a selected comparison group) from July 26, 2023 through May 31, 2026. On June 23, 2026, the Compensation Committee of the Board of Directors determined the final results under the applicable performance criteria resulting in 249 PSUs being earned in accordance with the provisions of the applicable award agreement.
Direct PSUs earned 620 PSUs Performance restricted stock units earned as of June 23, 2026
Spouse PSUs earned 249 PSUs Performance restricted stock units earned indirectly via spouse
Direct common shares 10,738.732 shares Common stock held directly following transactions
Spouse common shares 5,531.099 shares Common stock held indirectly by spouse
401(k) common shares 936.4844 shares Common stock held indirectly via 401(k) plan
PSU vesting start July 26, 2026 Grant vests in two equal annual installments from this date
PSU performance period end May 31, 2026 End of performance measurement for relative total shareholder return
performance restricted stock units financial
"On July 26, 2023, the Reporting Person was awarded 602 target performance restricted stock units (PSUs)..."
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
relative total shareholder return financial
"subject to the achievement of performance criteria (relative total shareholder return as compared to a selected comparison group)..."
Relative total shareholder return measures how much an investor’s gain from a company — including stock price changes and dividends — beats or lags a chosen benchmark or peer group over a set time. Think of it as a race: it shows whether the company outpaced rivals or the market, which helps investors and boards judge performance, compare returns fairly, and link results to pay or investment decisions.
Employee Stock Purchase Plan financial
"Includes shares 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."
Compensation Committee regulatory
"the Compensation Committee of the Board of Directors determined the final results under the applicable performance criteria..."
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Williamson Laura B
(Last)(First)(Middle)
1000 DARDEN CENTER DRIVE
(Street)
ORLANDO FLORIDA 32837
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
DARDEN RESTAURANTS INC [ DRI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, LongHorn Steakhouse
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock10,738.732(1)D
Common Stock936.4844IBy 401k
Common Stock5,531.099(1)IBy Spouse
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Restricted Stock Units (FY24)(2)(3)06/23/2026A620(4) (5)07/26/2027Common Stock620$0.0000620D
Performance Restricted Stock Units (FY24)(6)(3)06/23/2026A249(7) (5)07/26/2027Common Stock249$0.0000249IBy Spouse
Explanation of Responses:
1. Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
2. On July 26, 2023, the Reporting Person was awarded 602 target performance restricted stock units (PSUs) subject to the achievement of performance criteria (relative total shareholder return as compared to a selected comparison group) from July 26, 2023 through May 31, 2026.
3. Performance restricted stock units convert into common stock on a one-for-one basis.
4. On June 23, 2026, the Compensation Committee of the Board of Directors determined the final results under the applicable performance criteria resulting in 620 PSUs being earned in accordance with the provisions of the applicable award agreement.
5. This grant vests in two equal annual installments beginning on July 26, 2026.
6. On July 26, 2023, the Reporting Person was awarded 241 target performance restricted stock units (PSUs) subject to the achievement of performance criteria (relative total shareholder return as compared to a selected comparison group) from July 26, 2023 through May 31, 2026.
7. On June 23, 2026, the Compensation Committee of the Board of Directors determined the final results under the applicable performance criteria resulting in 249 PSUs being earned in accordance with the provisions of the applicable award agreement.
Remarks:
williamson2026poa.txt
A. Noni Holmes-Kidd, Attorney-in-fact for Wilkerson, John W.06/25/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Darden (DRI) executive Laura Williamson report in this Form 4?

Laura Williamson reported equity compensation activity, not open-market trading. She disclosed that 620 performance restricted stock units were earned directly and 249 PSUs were earned through her spouse, plus updated totals of common shares held directly, by spouse, and via a 401(k) plan.

How many Darden (DRI) performance restricted stock units did Laura Williamson earn?

She earned 620 performance restricted stock units held directly and 249 PSUs held indirectly by her spouse. These awards were tied to achieving relative total shareholder return performance criteria measured from July 26, 2023 through May 31, 2026, as determined by Darden’s Compensation Committee.

When do Laura Williamson’s new Darden (DRI) PSUs vest?

The grant associated with these performance restricted stock units vests in two equal annual installments beginning on July 26, 2026. After vesting, each PSU converts into one share of Darden common stock, aligning executive compensation with long-term shareholder performance outcomes over time.

What are Laura Williamson’s reported Darden (DRI) common stock holdings?

She reports 10,738.732 Darden common shares held directly, 5,531.099 shares held indirectly by her spouse, and 936.4844 shares held indirectly through a 401(k) plan. These figures reflect her updated ownership position following the performance-based equity determinations.

Does this Darden (DRI) Form 4 show any insider buying or selling in the market?

The Form 4 does not show open-market purchases or sales. It primarily records the earning of performance restricted stock units as compensation and updates to existing common stock and plan holdings, which are routine elements of an executive’s long-term incentive package.

How are Darden (DRI) performance restricted stock units described in the filing?

The PSUs are tied to relative total shareholder return versus a comparison group from July 26, 2023 through May 31, 2026. Each performance restricted stock unit converts into one share of Darden common stock upon vesting, directly linking award value to the company’s share performance.