Darden director converts 886 RSUs to shares

Director Daryl Kenningham converted RSUs into 886 Darden common shares and now holds 2,810 shares directly.

Available on EDGAR 09/18/2026 - 11:59 AM EDT Accepted by SEC EDGAR 09/18/2026 - 11:59 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

DARDEN RESTAURANTS INC (DRI) director Daryl Kenningham exercised 886 Restricted Stock Units from the FY26 director annual grant into 886 shares of common stock on September 17, 2026. The RSUs converted into common stock on a one-for-one basis, leaving 0 RSUs and 2,810 common shares held directly after the transaction. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

886 shares exercised/converted

Exercise 2 txns

Insider Kenningham Daryl

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (FY26 Director Annual Grant) F1, F2	886	--	--
Exercise	Common Stock F1	886	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units (FY26 Director Annual Grant) — 0 contracts (Direct); Common Stock — 2,810 shares (Direct)

Footnotes (2)

1. F1. Restricted stock units convert into common stock on a one-for-one basis.
2. 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

RSUs exercised: 886 units Common shares received: 886 shares Common shares held after transaction: 2,810 shares +3 more

6 metrics

RSUs exercised 886 units Restricted Stock Units from FY26 director annual grant converted on September 17, 2026

Common shares received 886 shares Shares of Darden common stock issued upon RSU conversion

Common shares held after transaction 2,810 shares Direct ownership by Daryl Kenningham following the September 17, 2026 transaction

RSUs remaining after transaction 0 units Restricted Stock Units position after conversion of 886 RSUs

Per-share transaction price $0.00 per share Reported for the 886 common shares received in the non-derivative M transaction

Exercise transactions 1 exercise, 886 derivative shares Aggregate exercise activity reported in the transaction summary for code M

Key Terms

Restricted Stock Units, derivative security, Common Stock

3 terms

Restricted Stock Units financial

"Restricted Stock Units (FY26 Director Annual Grant)"

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.

derivative security financial

"Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Common Stock financial

"underlying security title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did DRI director Daryl Kenningham report on this Form 4?

Daryl Kenningham reported exercising 886 Restricted Stock Units from the FY26 director annual grant into 886 shares of Darden common stock on September 17, 2026, through an exercise or conversion of a derivative security.

How many DRI common shares does Daryl Kenningham own after this reported transaction?

After the reported RSU conversion, Daryl Kenningham directly owns 2,810 shares of Darden common stock, according to the post-transaction holdings figure on the Form 4.

What happened to Daryl Kenningham’s Restricted Stock Units in this DRI Form 4?

Kenningham’s 886 Restricted Stock Units converted into 886 shares of Darden common stock on a one-for-one basis, leaving him with 0 RSUs following the transaction.

Was Daryl Kenningham’s DRI share transaction under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that no Rule 10b5-1 trading plan is affirmed for these transactions, so they are not reported as being made pursuant to such a plan.

Did Daryl Kenningham buy or sell DRI shares for cash in this Form 4?

No cash purchase or sale is reported. The Form 4 shows an exercise or conversion of 886 RSUs into 886 common shares at a reported per-share price of $0.00, reflecting an equity award vesting rather than an open-market trade.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Kenningham Daryl

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/17/2026		M		886	A	$0(1)	2,810	D

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 (FY26 Director Annual Grant)	(1)	09/17/2026		M			886	(2)	(2)	Common Stock	886	(1)	0.0000	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. 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.

	A. Noni Holmes-Kidd, Attorney-in-fact for Kenningham, Daryl A.	09/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)