Darden Restaurants (NYSE: DRI) grants RSUs and options to SVP controller
Rhea-AI Filing Summary
Darden Restaurants reported that SVP, Corporate Controller John W. Madonna received equity awards on July 29, 2026. The grants comprised 624 restricted stock units labeled as an FY27 annual grant, which convert one-for-one into common stock, and stock options on 1,841 shares at an exercise price of $212.2300 per share, expiring July 29, 2036, vesting in two equal annual installments beginning July 29, 2029. Following these awards, he directly held 11,386.942 common shares, including shares acquired through the Employee Stock Purchase Plan and its dividend reinvestment feature.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Madonna John W.
Role
SVP, Corporate Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (FY27 Annual Grant) F2 | 624 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) F3 | 1,841 | $0.00 | $0.00 |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (FY27 Annual Grant) — 624 shares (Direct);
Stock Option (Right to Buy) — 1,841 shares (Direct);
Common Stock — 11,386.942 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: 624.0000 units
Stock Options Granted: 1841.0000 shares
Option Exercise Price: $212.2300 per share
+2 more
5 metrics
Restricted Stock Units Granted
624.0000 units
FY27 Annual Grant RSUs awarded on 2026-07-29
Stock Options Granted
1841.0000 shares
Stock option grant on 2026-07-29
Option Exercise Price
$212.2300 per share
Exercise price for 1,841-share stock option grant
Option Expiration Date
2036-07-29
Expiration of 1,841-share stock option grant
Common Shares Held After Awards
11386.9420 shares
Direct Darden common stock holdings after reported transactions
Key Terms
Restricted Stock Units, Stock Option (Right to Buy), Employee Stock Purchase Plan, dividend reinvestment feature, +1 more
5 terms
Restricted Stock Units financial
"Security titled "Restricted Stock Units (FY27 Annual Grant)""
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
"Security titled "Stock Option (Right to Buy)""
Employee Stock Purchase Plan financial
"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"
vests in two equal annual installments financial
"This option vests in two equal annual installments beginning on July 29, 2029."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did Darden Restaurants (DRI) grant to John W. Madonna on July 29, 2026?
John W. Madonna received 624 restricted stock units and stock options on 1,841 common shares of Darden Restaurants on July 29, 2026 as part of his FY27 annual grant.
What is the size and strike price of the stock option granted to John W. Madonna at Darden Restaurants (DRI)?
He was granted stock options on 1,841 common shares with an exercise price of $212.2300 per share, expiring on July 29, 2036, as a derivative equity award.
When do John W. Madonna's new Darden Restaurants (DRI) stock options vest and expire?
The stock options begin vesting on July 29, 2029 in two equal annual installments and expire on July 29, 2036, giving a multi‑year schedule for potential exercise.
How do the restricted stock units granted to John W. Madonna at Darden Restaurants (DRI) convert into common stock?
The 624 restricted stock units convert into 624 Darden common shares on a one‑for‑one basis, meaning each unit will ultimately deliver one share when it is settled.