Darden Restaurants (NYSE: DRI) grants RSUs and options to supply chief
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.
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Insider Trade Summary
3 transactions reported
Mixed
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 shares (Direct);
Stock Option (Right to Buy) — 2,761 shares (Direct);
Common Stock — 3,834.171 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: 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."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.
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.