Darden Restaurants director Simon receives 936 stock units
The reported direct common-stock holding is 7,167 shares after the award.
Rhea-AI Filing Summary
Darden Restaurants Inc. (DRI) director Simon William S acquired 936 restricted stock units under the FY27 Director Annual Grants on September 23, 2026. The units convert into common stock on a one-for-one basis and vest on the first to occur of one year from the grant date or the next annual meeting of shareholders. The reported post-transaction position includes 7,167 common shares held directly. No Rule 10b5-1 plan is reported.
Positive
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Insider Trade Summary
Grant/Award: 936 shares
Grant/Award
2 txns
Insider
Simon William S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (FY27 Director Annual Grants) F1, F2 | 936 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (FY27 Director Annual Grants) — 936 contracts (Direct);
Common Stock — 7,167 shares (Direct)
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. The RSUs vest on the first to occur of one year from date of grant and the date of the next annual meeting of shareholders.
Key Figures
Restricted stock units acquired: 936 units
Underlying common shares: 936 shares
Direct common shares held: 7,167 shares
3 metrics
Restricted stock units acquired
936 units
FY27 Director Annual Grants on September 23, 2026
Underlying common shares
936 shares
The units convert into common stock on a one-for-one basis
Direct common shares held
7,167 shares
Reported following the September 23, 2026 transaction
Key Terms
Restricted Stock Units, vest, one-for-one basis
3 terms
Restricted Stock Units financial
"Restricted Stock Units (FY27 Director Annual Grants)"
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.
vest financial
"The RSUs vest on the first to occur"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
one-for-one basis financial
"convert into common stock on a one-for-one basis"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many DRI restricted stock units did the director receive?
Simon William S acquired 936 restricted stock units on September 23, 2026, under the FY27 Director Annual Grants.
When do DRI director restricted stock units vest?
The 936 units vest on the first to occur of one year from the grant date or the date of the next annual meeting of shareholders. They convert into common stock on a one-for-one basis.
AI-generated analysis. How Rhea-AI works. Not financial advice.