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Darden (NYSE: DRI) director Wilmott granted 152 restricted stock units

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

Rhea-AI Filing Summary

Darden Restaurants Inc. director Timothy J. Wilmott received a grant of 152 restricted stock units as part of FY19 director compensation. These units were awarded at a price of $0.00 per unit, increasing his directly held restricted stock units to 6,022.

Each restricted stock unit converts into one share of Darden common stock. Wilmott has elected to take all quarterly cash retainers for serving as a director in the form of restricted stock units, with vested shares to be delivered when his service as a director ends. He also indirectly holds 27,094 Darden common shares through a trust.

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Negative

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SEC Form 4
FORM 4 UNITED 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*
WILMOTT TIMOTHY J

(Last) (First) (Middle)
1000 DARDEN CENTER DRIVE

(Street)
ORLANDO FL 32837

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DARDEN RESTAURANTS INC [ DRI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 27,094 I By Trust
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (FY19 Director Compensation)(1) (2) 02/22/2026 A 152 (3) (3) Common Stock 152 $0.0000 6,022 D
Explanation of Responses:
1. Includes FY19, FY20, FY21, FY22, FY23, FY24, FY25, and FY26 director compensation.
2. Restricted stock units convert into common stock on a one-for-one basis.
3. 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 theReporting Person's termination of service as a director.
Remarks:
wilmott2025v2poa.txt
A. Noni Holmes-Kidd, Attorney-in-fact for Wilmott, Timothy J. 02/24/2026
** Signature of Reporting Person Date
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.

FAQ

What did Darden Restaurants (DRI) director Timothy J. Wilmott report on this Form 4?

Timothy J. Wilmott reported receiving a grant of 152 restricted stock units as part of Darden Restaurants’ FY19 director compensation. This award increased his directly held restricted stock units to 6,022, with each unit convertible into one share of Darden common stock.

How many Darden (DRI) restricted stock units does Timothy J. Wilmott hold after this grant?

After the reported grant, Timothy J. Wilmott holds 6,022 restricted stock units directly. These units were awarded as part of multi-year director compensation and convert into Darden common stock on a one-for-one basis when delivered under the director compensation terms.

Does Timothy J. Wilmott hold Darden (DRI) common stock indirectly through a trust?

Yes. The Form 4 shows Timothy J. Wilmott indirectly owning 27,094 shares of Darden common stock through a trust. This indirect holding is separate from his directly held restricted stock units that form part of his director compensation program.

How are Darden (DRI) director cash retainers paid to Timothy J. Wilmott?

Timothy J. Wilmott elected to receive all his quarterly cash retainer for serving as a Darden director in the form of restricted stock units. Vested shares from these units will be delivered when his service as a director terminates, instead of being paid in cash currently.

What is the conversion rate of Darden (DRI) restricted stock units reported by Timothy J. Wilmott?

The restricted stock units reported by Timothy J. Wilmott convert into Darden common stock on a one-for-one basis. This means each unit will become one share of common stock when delivered under the terms of the director compensation and deferral election.
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