Darden Restaurants SVP sells shares, gets new awards
Susan M. Connelly, SVP, Chief Comm & PA Officer of Darden Restaurants, reported equity awards and a stock sale dated July 29, 2026.
Rhea-AI Filing Summary
Susan M. Connelly, SVP, Chief Comm & PA Officer of Darden Restaurants, reported equity awards and a stock sale dated July 29, 2026. She received 749 restricted stock units (FY27 annual grant) and 2,209 stock options with a $212.23 exercise price, each tied to common stock.
On the same date she sold 2,226 common shares at a weighted average price of $208.171 per share in multiple trades between $208.03 and $208.41. After the sale she directly holds 4,165.301 common shares, including shares from the employee stock purchase plan and its dividend reinvestment feature. The filing indicates these transactions were not made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,226 shares
Net Sell
3 txns
Insider
Connelly Susan M.
Role
SVP, Chief Comm & PA Officer
Sold
2,226 shs ($463K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (FY27 Annual Grant) F3 | 749 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) F4 | 2,209 | $0.00 | $0.00 |
| Sale | Common Stock F1, F2 | 2,226 | $208.171 | $463K |
Holdings After Transaction:
Restricted Stock Units (FY27 Annual Grant) — 749 contracts (Direct);
Stock Option (Right to Buy) — 2,209 contracts (Direct);
Common Stock — 4,165.301 shares (Direct)
Footnotes (4)
- F1. This transaction was executed in multiple trades at prices ranging from $208.03 to $208.41. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- 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 option vests in two equal annual installments beginning on July 29, 2029.
Key Figures
Common shares sold: 2,226 shares
Sale price range: $208.03–$208.41 per share
RSUs granted: 749 units
+3 more
6 metrics
Common shares sold
2,226 shares
Sale on 2026-07-29 at weighted average $208.171 per share
Sale price range
$208.03–$208.41 per share
Price range for multiple trades on 2026-07-29
RSUs granted
749 units
FY27 annual restricted stock unit grant on 2026-07-29
Stock options granted
2,209 options
Option grant on 2026-07-29 expiring 2036-07-29
Option exercise price
$212.23 per share
Exercise price for 2,209 stock options
Shares owned after sale
4,165.301 shares
Direct common stock holdings following 2026-07-29 transactions
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, dividend reinvestment feature, weighted average sale price, +1 more
5 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."
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
Rule 10b5-1 trading plan financial
"The filing indicates these transactions were not made pursuant to a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Darden Restaurants (DRI) SVP Susan M. Connelly report?
Susan M. Connelly reported a sale of 2,226 common shares and new equity awards. She received 749 RSUs as an FY27 annual grant and 2,209 stock options with a $212.23 exercise price, all dated July 29, 2026.
What equity awards did Susan M. Connelly receive from Darden Restaurants (DRI)?
She received 749 restricted stock units, which convert into common stock on a one-for-one basis, and 2,209 stock options with a $212.23 exercise price that vest in two equal annual installments beginning July 29, 2029 and expire July 29, 2036.
Were Susan M. Connelly’s Darden Restaurants (DRI) transactions under a Rule 10b5-1 trading plan?
The filing indicates these transactions were not made pursuant to a Rule 10b5-1 trading plan. The document-level checkbox for Rule 10b5-1 plans is explicitly unchecked, and the footnotes provide no reference to any pre-arranged trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
