Darden Restaurants grants equity to Group President
Darden Restaurants Group President Melvin John Martin received equity awards on July 29, 2026, consisting of 1,997 restricted stock units (FY27 annual grant) and stock options for 5,890 shares of common stock at an exercise price of $212.23 per share.
Rhea-AI Filing Summary
Darden Restaurants Group President Melvin John Martin received equity awards on July 29, 2026, consisting of 1,997 restricted stock units (FY27 annual grant) and stock options for 5,890 shares of common stock at an exercise price of $212.23 per share.
The restricted stock units convert into common stock on a one-for-one basis, and the options expire on July 29, 2036, vesting in two equal annual installments beginning July 29, 2029. Following these awards, he directly holds 23,727.758 common shares, including shares acquired through the employee stock purchase plan and dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 7,887 shares
Grant/Award
3 txns
Insider
Martin Melvin John
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (FY27 Annual Grant) F2 | 1,997 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) F3 | 5,890 | $0.00 | $0.00 |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (FY27 Annual Grant) — 1,997 contracts (Direct);
Stock Option (Right to Buy) — 5,890 contracts (Direct);
Common Stock — 23,727.758 shares (Direct)
Footnotes (3)
- F1. Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
- F2. Restricted stock units convert into common stock on a one-for-one basis.
- F3. This option vests in two equal annual installments beginning on July 29, 2029.
Key Figures
Restricted stock units granted: 1,997 units
Stock options granted: 5,890 options
Option exercise price: $212.23 per share
+3 more
6 metrics
Restricted stock units granted
1,997 units
FY27 annual RSU grant awarded on 2026-07-29
Stock options granted
5,890 options
Options on common stock awarded on 2026-07-29
Option exercise price
$212.23 per share
Exercise price for 5,890 stock options
Option expiration date
2036-07-29
Expiration date of the reported stock options
Common shares held after awards
23,727.758 shares
Direct Darden Restaurants common stock holdings following the reported awards
RSU conversion ratio
1:1
Restricted stock units convert into one share of common stock each
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, dividend reinvestment feature, Stock Option (Right to Buy)
4 terms
Restricted Stock Units financial
"Restricted stock units convert into common stock on a one-for-one basis"
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.
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"
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with an expiration date of 2036-07-29"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Darden Restaurants (DRI) grant to its Group President on July 29, 2026?
Melvin John Martin received 1,997 restricted stock units and stock options covering 5,890 Darden Restaurants common shares. The options have a strike price of $212.23 per share and were reported as grant or award acquisitions, not open‑market purchases.
What are the key terms of the restricted stock units reported for Darden Restaurants (DRI)?
The award consists of 1,997 restricted stock units designated as the FY27 annual grant. According to the disclosure, these restricted stock units convert into Darden Restaurants common stock on a one‑for‑one basis, meaning each unit will settle in one share when it converts.
What are the exercise price and expiration date of the Darden Restaurants (DRI) stock options granted?
The stock options cover 5,890 shares of Darden Restaurants common stock at an exercise price of $212.23 per share. They expire on July 29, 2036, and will vest in two equal annual installments beginning on July 29, 2029, per the footnote.
Were the reported Darden Restaurants (DRI) transactions open‑market buys or sells?
The reported entries reflect grants or awards of restricted stock units and stock options to the Group President. They are coded as acquisitions related to compensation awards, not as open‑market purchase or sale transactions of Darden Restaurants common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
