Darden Restaurants (NYSE: DRI) SVP receives equity awards and sells shares

Rhea-AI Filing Summary

Darden Restaurants executive Sarah H. King, SVP and Chief People Officer, reported equity awards and share sales dated July 29, 2026. She received 1,810 restricted stock units and 5,338 stock options at a $212.23 exercise price, vesting in two equal annual installments beginning July 29, 2029, and sold 4,373 common shares in open-market transactions at weighted-average prices of $209.6321 and $210.8308 per share.

Insider Trade Summary

Net Seller: 4,373 shares

Net Sell 4 txns

Insider King Sarah H.

Role SVP, Chief People Officer

Sold 4,373 shs ($920K)

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units (FY27 Annual Grant) F4	1,810	$0.00	$0.00
Grant/Award	Stock Option (Right to Buy) F5	5,338	$0.00	$0.00
Sale	Common Stock F1, F2	1,500	$209.6321	$314K
Sale	Common Stock F3, F2	2,873	$210.8308	$606K

Holdings After Transaction: Restricted Stock Units (FY27 Annual Grant) — 1,810 shares (Direct); Stock Option (Right to Buy) — 5,338 shares (Direct); Common Stock — 742.819 shares (Direct)

Footnotes (5)

1. F1. This transaction was executed in multiple trades at prices ranging from $209.405 to $210.13. 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.
2. F2. Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
3. F3. This transaction was executed in multiple trades at prices ranging from $210.46 to $211.06. 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.
4. F4. Restricted stock units convert into common stock on a one-for-one basis.
5. F5. This option vests in two equal annual installments beginning on July 29, 2029.

Key Figures

RSU grant: 1810 shares Stock options granted: 5338 shares Option exercise price: $212.23 per share +4 more

7 metrics

RSU grant 1810 shares Restricted Stock Units (FY27 Annual Grant) awarded on 2026-07-29

Stock options granted 5338 shares Stock Option (Right to Buy) granted on 2026-07-29

Option exercise price $212.23 per share Conversion or exercise price for Stock Option (Right to Buy)

Shares sold (first tranche) 1500 shares Common Stock sale on 2026-07-29 at $209.6321 weighted-average price

Shares sold (second tranche) 2873 shares Common Stock sale on 2026-07-29 at $210.8308 weighted-average price

Total shares sold 4373 shares Aggregate common shares sold across reported transactions

Option expiration date 2036-07-29 Expiration of Stock Option (Right to Buy)

Key Terms

Restricted Stock Units, Stock Option (Right to Buy), weighted average sale price, Employee Stock Purchase Plan, +1 more

5 terms

Restricted Stock Units financial

"Restricted Stock Units (FY27 Annual Grant) reported as a derivative equity award."

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) granted with a defined exercise price and expiration date."

weighted average sale price financial

"Footnotes state the reported price reflects the weighted average sale price for multiple trades."

Employee Stock Purchase Plan financial

"Footnote explains holdings include shares from the Darden Restaurants 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

"Holdings also include shares from the plan’s dividend reinvestment feature, according to a footnote."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/30/2026 - 05:19 PM Accepted by SEC EDGAR 07/30/2026 - 05:19 PM Learn about SEC filing dates

FAQ

What equity awards did DRI grant to Sarah H. King on July 29, 2026?

On July 29, 2026, Sarah H. King received 1,810 restricted stock units and 5,338 stock options linked to Darden Restaurants common stock. The RSUs convert into common stock on a one-for-one basis, and the options carry a fixed exercise price per share.

How many DRI shares did Sarah H. King sell and at what prices?

Sarah H. King sold a total of 4,373 Darden Restaurants common shares on July 29, 2026. She sold 1,500 shares at a weighted-average price of $209.6321 and 2,873 shares at a weighted-average price of $210.8308, both executed in multiple trades within stated price ranges.

What are the key terms of Sarah H. King’s DRI stock options?

King’s stock option grant covers 5,338 underlying shares with a $212.23 per-share exercise price and expires on 2036-07-29. The option vests in two equal annual installments, beginning on July 29, 2029, providing staggered future exercisability.

How do Sarah H. King’s restricted stock units in DRI convert into common stock?

Her 1,810 restricted stock units convert into Darden Restaurants common stock on a one-for-one basis. This means each unit will deliver one share of common stock upon settlement, aligning her compensation directly with the company’s equity value over time.

Were Sarah H. King’s DRI share sales executed at single or multiple prices?

Both reported sales were executed in multiple trades at different prices. The Form 4 reports weighted-average sale prices, with ranges from $209.405 to $210.13 for one sale and from $210.46 to $211.06 for the other, as detailed in the footnotes.

Do Sarah H. King’s reported DRI holdings include shares from employee plans?

A footnote states that her reported common stock holdings include shares acquired through the Darden Restaurants, Inc. Employee Stock Purchase Plan and its dividend reinvestment feature. The exact post-transaction share count is not detailed in the transaction rows.

SEC Form 4

FORM 4

UNITED 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^*

King Sarah H.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief People Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/29/2026		S		1,500	D	$209.6321(1)	3,615.819(2)	D
Common Stock	07/29/2026		S		2,873	D	$210.8308(3)	742.819(2)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (FY27 Annual Grant)	(4)	07/29/2026		A		1,810		07/29/2029	07/29/2029	Common Stock	1,810	$0.0000	1,810	D
Stock Option (Right to Buy)	$212.23	07/29/2026		A		5,338		(5)	07/29/2036	Common Stock	5,338	$0.0000	5,338	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $209.405 to $210.13. 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.

2. Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.

3. This transaction was executed in multiple trades at prices ranging from $210.46 to $211.06. 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.

4. Restricted stock units convert into common stock on a one-for-one basis.

5. This option vests in two equal annual installments beginning on July 29, 2029.

	A. Noni Holmes-Kidd, Attorney-in-fact for King, Sarah H.	07/30/2026
	** Signature of Reporting Person	Date
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)