Darden executive exercises 6,913 stock units
Darden Restaurants executive Sarah H. King, SVP and Chief People Officer, exercised equity awards covering 6,913 shares of common stock on July 26–27, 2026.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Darden Restaurants executive Sarah H. King, SVP and Chief People Officer, exercised equity awards covering 6,913 shares of common stock on July 26–27, 2026. These performance and time-based restricted stock units convert one-for-one into common shares, with tax-related withholding transactions totaling 2,540 shares at $196.31 per share.
Insider Trade Summary
6,913 shares exercised/converted
Exercise
9 txns
Insider
King Sarah H.
Role
SVP, Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Units (FY23) F1, F5 | 3,858 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 3,858 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock F2 | 1,337 | $196.31 | $262K |
| Exercise | Performance Restricted Stock Units (FY24) F1, F4 | 1,550 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (FY24 Annual Grant) F3 | 1,505 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 1,550 | $0.00 | $0.00 |
| Exercise | Common Stock F3, F2 | 1,505 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock F2 | 593 | $196.31 | $116K |
| Exercise Price or Tax Liability | Common Stock F2 | 610 | $196.31 | $120K |
Holdings After Transaction:
Performance Restricted Stock Units (FY24) — 1,550 contracts (Direct);
Restricted Stock Units (FY24 Annual Grant) — 0 contracts (Direct);
Performance Restricted Stock Units (FY23) — 0 contracts (Direct);
Common Stock — 5,115.819 shares (Direct)
Footnotes (5)
- F1. Performance restricted stock units convert into common stock on a one-for-one basis.
- F2. Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
- F3. Restricted stock units convert into common stock on a one-for-one basis.
- F4. This grant vests in two equal annual installments beginning on July 26, 2026.
- F5. This grant vested in two equal annual installments beginning on July 27, 2025.
Key Figures
Equity awards exercised: 6,913 shares
Shares withheld for taxes: 2,540 shares
FY23 performance RSUs converted: 3,858 shares
+3 more
6 metrics
Equity awards exercised
6,913 shares
Total derivative shares converted to common stock on July 26–27, 2026
Shares withheld for taxes
2,540 shares
Shares delivered or withheld to cover tax obligations at $196.31 per share
FY23 performance RSUs converted
3,858 shares
Performance Restricted Stock Units (FY23) exercised into common stock on July 27, 2026
FY24 performance RSUs converted
1,550 shares
Performance Restricted Stock Units (FY24) exercised into common stock on July 26, 2026
FY24 RSUs converted
1,505 shares
Restricted Stock Units (FY24 Annual Grant) exercised into common stock on July 26, 2026
Tax withholding price
$196.31 per share
Price per share for common stock used in tax withholding transactions coded F
Key Terms
Performance Restricted Stock Units, Restricted Stock Units, Employee Stock Purchase Plan, dividend reinvestment feature
4 terms
Performance Restricted Stock Units financial
"Security title includes "Performance Restricted Stock Units (FY23)""
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.
Restricted Stock Units financial
"Security title includes "Restricted Stock Units (FY24 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.
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Darden Restaurants (DRI) report for Sarah H. King?
Darden Restaurants reported that SVP and Chief People Officer Sarah H. King exercised 6,913 shares of equity awards. These included performance and time-based restricted stock units that converted into common stock over July 26–27, 2026, as reflected in multiple Form 4 transactions.
What types of equity awards did Sarah H. King exercise at Darden Restaurants (DRI)?
Sarah H. King exercised Performance Restricted Stock Units for FY23 and FY24 and Restricted Stock Units from a FY24 annual grant. Each unit converts on a one-for-one basis into Darden Restaurants common stock, according to the footnotes.
On what dates were Sarah H. King’s Darden (DRI) equity awards settled?
The equity award settlements occurred on July 26, 2026 and July 27, 2026. On these dates, restricted and performance restricted stock units converted into Darden common stock, and separate tax withholding transactions in common shares were reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
