Darden Restaurants exec exercises 2,057 restricted stock units
Laura B. Williamson, President of LongHorn Steakhouse at Darden Restaurants, reported multiple equity award transactions on July 26–27, 2026.
Rhea-AI Filing Summary
Laura B. Williamson, President of LongHorn Steakhouse at Darden Restaurants, reported multiple equity award transactions on July 26–27, 2026. She and her spouse exercised or converted a total of 2,057 shares of performance and restricted stock units into common stock, with 504 shares of common stock withheld at $196.31 per share to satisfy exercise-price or tax obligations. Following these transactions, they continue to hold FY24 performance restricted stock units, including 310 units directly and 125 indirectly via spouse, and 936.419 shares of common stock indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,057 shares exercised/converted
Exercise
19 txns
Insider
Williamson Laura B
Role
President, LongHorn Steakhouse
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Units (FY23) F1, F5 | 858 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units (FY23) F1, F5 | 344 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 858 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock F2 | 209 | $196.31 | $41K |
| Exercise | Common Stock F1, F2 | 344 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock F2 | 84 | $196.31 | $16K |
| Exercise | Performance Restricted Stock Units (FY24) F1, F4 | 310 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (FY24 Annual Grant) F3 | 301 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units (FY24) F1, F4 | 124 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (FY24 Annual Grant) F3 | 120 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 310 | $0.00 | $0.00 |
| Exercise | Common Stock F3, F2 | 301 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock F2 | 74 | $196.31 | $15K |
| Exercise Price or Tax Liability | Common Stock F2 | 76 | $196.31 | $15K |
| Exercise | Common Stock F1, F2 | 124 | $0.00 | $0.00 |
| Exercise | Common Stock F3, F2 | 120 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock F2 | 30 | $196.31 | $6K |
| Exercise Price or Tax Liability | Common Stock F2 | 31 | $196.31 | $6K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Restricted Stock Units (FY24) — 310 contracts (Direct);
Restricted Stock Units (FY24 Annual Grant) — 0 contracts (Direct);
Performance Restricted Stock Units (FY23) — 0 contracts (Direct);
Performance Restricted Stock Units (FY24) — 125 contracts (Indirect, By Spouse);
Restricted Stock Units (FY24 Annual Grant) — 0 contracts (Indirect, By Spouse);
Performance Restricted Stock Units (FY23) — 0 contracts (Indirect, By Spouse);
Common Stock — 11,864.405 shares (Direct);
Common Stock — 5,978.801 shares (Indirect, By Spouse);
Common Stock — 936.419 shares (Indirect, By 401k)
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
Shares from equity award exercises/conversions: 2057 shares
Shares withheld for exercise price or taxes: 504 shares
Withholding price per share: $196.3100 per share
+3 more
6 metrics
Shares from equity award exercises/conversions
2057 shares
Total derivative exercises (M-code) reported for July 26–27, 2026
Shares withheld for exercise price or taxes
504 shares
Total F-code transactions related to exercise-price or tax obligations
Withholding price per share
$196.3100 per share
Price used in Code F tax or exercise-price share withholdings
401(k) indirect common stock holdings
936.419 shares
Common stock held indirectly through a 401(k) plan as of July 26, 2026
Remaining Performance RSUs FY24 (direct)
310 units
Performance restricted stock units FY24 remaining after partial conversion
Remaining Performance RSUs FY24 (indirect)
125 units
Performance restricted stock units FY24 held indirectly via spouse after conversion
Key Terms
Performance restricted stock units, Restricted stock units, Employee Stock Purchase Plan, dividend reinvestment feature
4 terms
Performance restricted stock units financial
"Performance restricted stock units convert into common stock on a one-for-one basis."
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
"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."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock transactions did DRI executive Laura B. Williamson report?
Laura B. Williamson reported exercises and conversions of 2,057 shares of performance and restricted stock units into common stock on July 26–27, 2026, along with related share withholdings to cover exercise-price or tax obligations.
What equity awards did the DRI executive and spouse convert into common stock?
The transactions involved performance restricted stock units and restricted stock units from FY23 and FY24 grants, which convert into common stock on a one-for-one basis according to the footnotes.
Does Laura B. Williamson still hold Darden Restaurants (DRI) performance RSUs after these transactions?
Yes. After the reported conversions, she continues to hold FY24 performance restricted stock units, including 310 units directly and 125 units indirectly through her spouse, with future vesting described in the footnotes.
Were any open-market purchases or sales reported for Darden Restaurants (DRI)?
No open-market purchases or sales are listed. The reported transactions are exercises or conversions of equity awards and share withholdings to cover exercise-price or tax obligations, rather than discretionary market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
