STOCK TITAN

Darden Restaurants (NYSE: DRI) CFO receives RSUs, options and sells stock

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Rajesh Vennam, SVP and CFO of Darden Restaurants, received 3,744 restricted stock units and 11,044 stock options on July 29, 2026. The options have an exercise price of $212.23 per share and expire in 2036, vesting in two equal annual installments beginning July 29, 2029. On the same date he sold 8,478 common shares at $210.00 per share, and held 8,569.499 shares directly afterward, including shares from the employee stock purchase and dividend reinvestment plan.

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Insights

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Insider Vennam Rajesh
Role SVP, CFO
Sold 8,478 shs ($1.78M)
Type Security Shares Price Value
Grant/Award Restricted Stock Units (FY27 Annual Grant) F2 3,744 $0.00 $0.00
Grant/Award Stock Option (Right to Buy) F3 11,044 $0.00 $0.00
Sale Common Stock F1 8,478 $210.00 $1.78M
Holdings After Transaction: Restricted Stock Units (FY27 Annual Grant) — 3,744 shares (Direct); Stock Option (Right to Buy) — 11,044 shares (Direct); Common Stock — 8,569.499 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.
Restricted stock units granted 3,744 units FY27 annual RSU grant to CFO on July 29, 2026
Stock options granted 11,044 options Options on common stock granted to CFO on July 29, 2026
Option exercise price $212.23 per share Exercise price for 11,044 stock options expiring July 29, 2036
Shares sold 8,478 shares Common stock sold by CFO on July 29, 2026
Sale price $210.00 per share Price for 8,478 Darden common shares sold
Shares held after sale 8,569.499 shares Direct Darden common stock holdings after the July 29, 2026 sale
Option expiration date July 29, 2036 Expiration date of granted stock options
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 $212.23 per share."
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.

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FAQ

What insider transactions did Darden Restaurants (DRI) report for CFO Rajesh Vennam?

Darden Restaurants reported that SVP and CFO Rajesh Vennam received 3,744 restricted stock units and 11,044 stock options, and sold 8,478 common shares at $210.00 per share on July 29, 2026, leaving him with 8,569.499 directly held shares.

How many restricted stock units did Darden Restaurants (DRI) grant to its CFO?

Darden Restaurants granted CFO Rajesh Vennam 3,744 restricted stock units as his FY27 annual grant. According to the disclosure, these restricted stock units convert into common stock on a one-for-one basis, aligning his compensation with the company’s share performance over time.

What stock options did the Darden Restaurants (DRI) CFO receive in this Form 4?

The CFO received 11,044 stock options with an exercise price of $212.23 per share, expiring on July 29, 2036. The options vest in two equal annual installments beginning July 29, 2029, covering an underlying 11,044 shares of Darden common stock.

How many Darden Restaurants (DRI) shares did the CFO sell and at what price?

CFO Rajesh Vennam sold 8,478 shares of Darden Restaurants common stock at $210.00 per share on July 29, 2026. After this sale, he directly held 8,569.499 shares, including shares acquired through the employee stock purchase and dividend reinvestment plan.

What are the CFO’s remaining Darden Restaurants (DRI) share holdings after these transactions?

Following the July 29, 2026 sale, the CFO directly held 8,569.499 Darden Restaurants common shares. That amount includes shares obtained under the Employee Stock Purchase Plan and its dividend reinvestment feature, as noted in the transaction footnote.

Were the Darden Restaurants (DRI) CFO’s trades made under a Rule 10b5-1 trading plan?

The transactions were not reported as being made pursuant to a Rule 10b5-1 trading plan. The filing’s Rule 10b5-1 checkbox was not marked as an affirmative plan, indicating no such trading arrangement was declared for these trades.
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*
Vennam Rajesh

(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, CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026
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 Stock07/29/2026S8,478D$2108,569.499(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
Restricted Stock Units (FY27 Annual Grant)(2)07/29/2026A3,74407/29/202907/29/2029Common Stock3,744$0.00003,744D
Stock Option (Right to Buy)$212.2307/29/2026A11,044 (3)07/29/2036Common Stock11,044$0.000011,044D
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 Vennam, Rajesh07/30/2026
** 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)