Darden Restaurants CFO gets awards, sells shares
Rajesh Vennam, SVP and CFO of Darden Restaurants, received 3,744 restricted stock units and 11,044 stock options on July 29, 2026.
Accepted by SEC EDGAR
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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.
Insider Trade Summary
Net Seller: 8,478 shares
Net Sell
3 txns
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 contracts (Direct);
Stock Option (Right to Buy) — 11,044 contracts (Direct);
Common Stock — 8,569.499 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: 3,744 units
Stock options granted: 11,044 options
Option exercise price: $212.23 per share
+4 more
7 metrics
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
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 $212.23 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."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
