STOCK TITAN

Darden Restaurants (NYSE: DRI) SVP sells 3,620 common shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Darden Restaurants senior executive Douglas J. Milanes, SVP and Chief Supply Chain Officer, sold shares of company stock. On April 17, 2026, he executed an open-market sale of 3,620 shares of Darden Restaurants common stock at an average price of $202.165 per share. After this transaction, he directly held 273.974 shares. A footnote explains that his holdings include shares acquired through the Darden Restaurants, Inc. Employee Stock Purchase Plan and its dividend reinvestment feature.

Positive

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Insider Milanes Douglas J.
Role SVP, Chief Supply Chain Ofcr
Sold 3,620 shs ($732K)
Type Security Shares Price Value
Sale Common Stock 3,620 $202.165 $732K
Holdings After Transaction: Common Stock — 273.974 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 3,620 shares Open-market sale on April 17, 2026
Average sale price $202.165 per share Open-market sale of Darden Restaurants common stock
Shares held after transaction 273.974 shares Direct ownership following April 17, 2026 sale
Net shares sold 3,620 shares Net-sell direction in transaction summary
open-market sale financial
"he executed an open-market sale of 3,620 shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Purchase Plan financial
"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 financial
"dividend reinvestment feature of the Plan"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Common Stock financial
"open-market sale of 3,620 shares of Darden Restaurants 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.
SEC Form 4
FORM 4UNITED 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*
Milanes Douglas J.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Chief Supply Chain Ofcr
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/17/2026S3,620D$202.165273.974(1)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
Remarks:
milanes2026poa.txt
A. Noni Holmes-Kidd, Attorney-in-fact for Milanes, Douglas J.04/21/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Darden Restaurants (DRI) report for Douglas J. Milanes?

Darden Restaurants reported that SVP and Chief Supply Chain Officer Douglas J. Milanes completed an open-market sale of 3,620 common shares. The transaction occurred on April 17, 2026, and reflects a routine disposition of stock rather than a grant or option exercise.

How many Darden Restaurants (DRI) shares did Douglas J. Milanes sell and at what price?

Douglas J. Milanes sold 3,620 Darden Restaurants common shares at an average price of $202.165 per share. This was an open-market sale, indicating he disposed of already-held stock rather than exercising options or receiving new shares as compensation.

How many Darden Restaurants (DRI) shares does Douglas J. Milanes hold after this transaction?

Following the sale, Douglas J. Milanes directly holds 273.974 Darden Restaurants common shares. A filing footnote notes that his holdings include shares acquired under the company’s Employee Stock Purchase Plan and through its dividend reinvestment feature, consolidating these into his reported position.

What is the role of Douglas J. Milanes at Darden Restaurants (DRI)?

Douglas J. Milanes serves as Senior Vice President and Chief Supply Chain Officer of Darden Restaurants. His Form 4 filing reflects personal trading activity in the company’s common stock, specifically an open-market sale, rather than any change to his executive role or responsibilities.

What does the footnote about the Employee Stock Purchase Plan mean for Darden (DRI) shares held by Milanes?

The footnote explains that Milanes’ reported holdings include shares bought through Darden’s Employee Stock Purchase Plan and its dividend reinvestment feature. This means his remaining 273.974 shares reflect both plan-based acquisitions and reinvested dividends, aggregated into a single direct ownership figure.