Welcome to our dedicated page for DARDEN RESTAURANTS SEC filings (Ticker: DRI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Darden Restaurants filings document formal disclosures for a New York Stock Exchange-listed restaurant operator with common stock trading under DRI. Recent Form 8-K reports furnish earnings releases, quarterly and annual results, dividend actions, fiscal outlook updates, share repurchase authorization details and related financial exhibits.
The company's SEC record also covers governance and compensation matters, including definitive proxy disclosures, board and executive compensation information, equity incentive arrangements and officer-related events. These filings frame Darden's reporting around restaurant segment performance, capital returns, registered securities, corporate governance and material events affecting its public-company obligations.
Darden Restaurants President and CEO Ricardo Cardenas exercised equity awards covering 44,336 common shares on July 26–27, 2026, converting performance and restricted stock units one-for-one into stock. To satisfy exercise price or tax obligations, 17,449 shares were withheld at 196.3100 per share (code F); no code "S" open‑market sales were reported. An FY24 performance award shows 11,625 units remaining, vesting in two equal annual installments beginning July 26, 2026.
Darden Restaurants executive Todd Burrowes reported equity award settlements rather than open-market trades. On July 26–27, 2026 he converted 10,582 performance and restricted stock units into an equal number of common shares. To satisfy tax or exercise obligations, the issuer withheld 4,165 shares at $196.31 per share. Footnotes note the units convert one-for-one into common stock and that certain FY23 and FY24 grants vest in two equal annual installments beginning in 2025 and 2026, respectively.
An affiliate associated with ticker DRI filed a notice of proposed sales of common stock under Rule 144. The filing lists potential sales linked to an exercise of options under a registered plan and to performance stock units.
The plan covers 19,091 shares of common stock tied to an option exercise dated July 28, 2026, for cash, and additional common shares tied to performance stock units for services rendered, including 12,994 shares and 7,049 shares with grant-related dates of July 27, 2026. These figures describe securities that may be sold, not necessarily transactions already completed.
Darden Restaurants, Inc. is a Florida-based full-service restaurant operator that, as of May 31, 2026, owned and operated 2,202 U.S. restaurants across brands including Olive Garden, LongHorn Steakhouse, Yard House, Ruth’s Chris, Cheddar’s Scratch Kitchen, The Capital Grille, Chuy’s, Seasons 52, Eddie V’s, Bahama Breeze and The Capital Burger, plus 167 franchised locations and other contract-operated units, for a total of 2,373 restaurants.
For fiscal 2026, which comprised 53 weeks, total sales from continuing operations were $13,210.9 million, up from $9,630.0 million in 2022, alongside net additions of 43 U.S. restaurants in 2026. Darden reports four segments: Olive Garden, LongHorn Steakhouse, Fine Dining, and Other Business. Portfolio actions included selling eight Olive Garden Canada restaurants to Recipe Unlimited, which now operates them as franchisees, and closing approximately half of Bahama Breeze units with plans to convert remaining sites to other Darden brands over 12–18 months.
The company plans 75–80 new restaurant openings in fiscal 2027 with brand-specific capital investments. Human capital is significant, with 209,931 team members, 58% of hourly workers female and 56% from racial or ethnic minority groups, and average hourly earnings above $24 including tips. Darden also highlights sustainability efforts, reporting 847,331 metric tons of Scope 1 and 2 greenhouse gas emissions in 2026, or 379 metric tons per restaurant, and details extensive risk factors around inflation, labor availability, cybersecurity, regulation, and changing consumer demand.
Darden Restaurants senior vice president Susan M. Connelly reported an exercise-and-sale transaction in company stock. On July 7, 2026, she exercised stock options to acquire a total of 9,930 shares of common stock at exercise prices of $121.47, $124.24 and $148.20 per share, then sold 9,930 shares in an open-market sale at a weighted average price of $206.2111 per share, with individual trade prices ranging from $206.08 to $207.0799. Following these transactions, she directly holds 4,165.301 shares of Darden common stock, including shares acquired through the company’s employee stock purchase and dividend reinvestment plan.
DRI submitted a Form 144 notice for the proposed sale of 9,930 shares of Common Stock tied to exercises of options under a registered plan on 07/07/2026. The transactions are shown as cash sales routed through Morgan Stanley Smith Barney LLC on the NYSE.
Darden Restaurants President and CEO Ricardo Cardenas reported an equity compensation award tied to company performance. He received 23,249 performance restricted stock units (PSUs), granted at no cash cost, which convert into common stock on a one-for-one basis.
The award reflects performance from July 26, 2023 through May 31, 2026, with the Compensation Committee determining on June 23, 2026 that 23,249 PSUs were earned under the plan’s relative total shareholder return criteria. The grant vests in two equal annual installments beginning on July 26, 2026. Following these transactions, Cardenas directly holds 79,271.896 shares of common stock, including shares acquired through the employee stock purchase plan and its dividend reinvestment feature.
Darden Restaurants executive Todd Burrowes received a compensation award tied to performance. On June 23, 2026, he was granted 4,650 performance restricted stock units earned under a plan measured on relative total shareholder return through May 31, 2026. The units convert into common stock on a one-for-one basis and vest in two equal annual installments beginning on July 26, 2026. Following the reported transactions, he holds 44,294.1910 shares of common stock directly, including shares acquired through the employee stock purchase plan and its dividend reinvestment feature.