Darden Restaurants awards director 936 stock units
The units convert into common shares one-for-one and vest at the earlier of one year from the grant date or the next annual meeting of shareholders.
Rhea-AI Filing Summary
Darden Restaurants Inc. (DRI) director Juliana L. Chugg received a FY27 annual award of 936 restricted stock units on September 23, 2026. The units convert into common stock one-for-one and vest on the first to occur of one year from the grant date or the next annual meeting of shareholders. Chugg reported direct holdings of 5,144 common shares following the transaction. No Rule 10b5-1 plan is reported.
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Insider Trade Summary
Grant/Award: 936 shares
Grant/Award
2 txns
Insider
CHUGG JULIANA L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (FY27 Director Annual Grants) F1, F2 | 936 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (FY27 Director Annual Grants) — 936 contracts (Direct);
Common Stock — 5,144 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.
Key Figures
Restricted stock units awarded: 936 restricted stock units
Direct common shares held: 5,144 common shares
Conversion ratio: One-for-one
3 metrics
Restricted stock units awarded
936 restricted stock units
FY27 director annual grant on September 23, 2026
Direct common shares held
5,144 common shares
Reported following the transaction
Conversion ratio
One-for-one
Restricted stock units convert into common stock
Key Terms
Restricted Stock Units, vest, one-for-one basis
3 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"
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 technical
"Restricted stock units convert into common stock on a one-for-one basis."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many restricted stock units did DRI director Juliana L. Chugg receive?
Juliana L. Chugg received 936 restricted stock units on September 23, 2026, as a FY27 director annual grant.
When do the DRI restricted stock units vest?
The units vest on the first to occur of one year from the grant date or the date of the next annual meeting of shareholders.
Was Juliana L. Chugg’s DRI transaction reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.