Darden Restaurants SVP receives new stock awards

Darden Restaurants Inc. granted equity awards to Douglas J. Milanes, SVP and Chief Supply Chain Officer, on July 29, 2026.

Rhea-AI Filing Summary

Darden Restaurants Inc. granted equity awards to Douglas J. Milanes, SVP and Chief Supply Chain Officer, on July 29, 2026. He received 936 restricted stock units that convert one-for-one into common stock on July 29, 2029, and 2,761 stock options with a $212.23 exercise price expiring July 29, 2036, vesting in two equal annual installments beginning July 29, 2029. After these grants he directly held 3,834.171 common shares, including shares acquired through the employee stock purchase plan and its dividend reinvestment feature.

Insider Trade Summary

Grant/Award: 3,697 shares

Grant/Award 3 txns

Insider Milanes Douglas J.

Role SVP, Chief Supply Chain Ofcr

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units (FY27 Annual Grant) F2	936	$0.00	$0.00
Grant/Award	Stock Option (Right to Buy) F3	2,761	$0.00	$0.00
holding	Common Stock F1	--	--	--

Holdings After Transaction: Restricted Stock Units (FY27 Annual Grant) — 936 contracts (Direct); Stock Option (Right to Buy) — 2,761 contracts (Direct); Common Stock — 3,834.171 shares (Direct)

Footnotes (3)

1. F1. Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
2. F2. Restricted stock units convert into common stock on a one-for-one basis.
3. F3. This option vests in two equal annual installments beginning on July 29, 2029.

Key Figures

Restricted Stock Units granted: 936.0000 shares Stock options granted: 2761.0000 options Option exercise price: $212.2300 per share +3 more

6 metrics

Restricted Stock Units granted 936.0000 shares FY27 annual RSU grant to Douglas J. Milanes on 2026-07-29

Stock options granted 2761.0000 options Stock Option (Right to Buy) grant on 2026-07-29

Option exercise price $212.2300 per share Exercise price for 2,761 stock options granted to Milanes

Option expiration date 2036-07-29 Expiration of stock options granted on 2026-07-29

RSU conversion date 2029-07-29 Restricted stock units convert into common stock on this date

Common shares held after transaction 3834.1710 shares Direct Darden common stock holdings following July 29, 2026 awards

Key Terms

Restricted Stock Units, Stock Option (Right to Buy), Employee Stock Purchase Plan, dividend reinvestment feature

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.

Stock Option (Right to Buy) financial

"Stock Option (Right to Buy) with an exercise price of $212.2300."

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 transactions did DRI executive Douglas J. Milanes report on July 29, 2026?

On July 29, 2026, Douglas J. Milanes received 936 restricted stock units and 2,761 stock options from Darden Restaurants Inc. The options have a $212.23 exercise price and expire on July 29, 2036, with vesting starting in 2029.

How many Darden Restaurants (DRI) restricted stock units were granted to Douglas J. Milanes?

Douglas J. Milanes was granted 936 restricted stock units as part of his FY27 annual grant. These units convert into Darden Restaurants common stock on a one-for-one basis, with conversion scheduled for July 29, 2029.

What are the terms of Douglas J. Milanes’s new Darden Restaurants (DRI) stock options?

Milanes received 2,761 stock options with an exercise price of $212.23 per share. The options expire on July 29, 2036 and vest in two equal annual installments beginning on July 29, 2029.

How many Darden Restaurants (DRI) common shares does Douglas J. Milanes hold after these awards?

After the reported awards, Douglas J. Milanes directly held 3,834.171 Darden common shares. This total includes shares acquired through the company’s Employee Stock Purchase Plan and its dividend reinvestment feature.

When do the new Darden Restaurants (DRI) equity awards for Douglas J. Milanes vest or convert?

The 936 restricted stock units convert into common stock on July 29, 2029. The 2,761 stock options vest in two equal annual installments starting July 29, 2029 and expire on July 29, 2036.

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

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Available on EDGAR 07/30/2026 - 05:21 PM Accepted by SEC EDGAR 07/30/2026 - 05:20 PM Learn about SEC filing dates

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^*

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Supply Chain Ofcr

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026

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								3,834.171(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (FY27 Annual Grant)	(2)	07/29/2026		A		936		07/29/2029	07/29/2029	Common Stock	936	$0.0000	936	D
Stock Option (Right to Buy)	$212.23	07/29/2026		A		2,761		(3)	07/29/2036	Common Stock	2,761	$0.0000	2,761	D

Explanation of Responses:

1. Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.

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

3. This option vests in two equal annual installments beginning on July 29, 2029.

	A. Noni Holmes-Kidd, Attorney-in-fact for Milanes, Douglas J.	07/30/2026
	** 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)