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 executive John W. Wilkerson, President of Olive Garden, reported a compensation-related equity award and updated share holdings. He was granted 2,325 Performance Restricted Stock Units (FY24), which convert into common stock on a one-for-one basis and were earned based on relative total shareholder return performance from July 26, 2023 through May 31, 2026.
The award vests in two equal installments beginning on July 26, 2026, and represents 2,325 underlying shares of common stock following the grant. The filing also shows 17,791.595 common shares held directly and 614.7695 shares held indirectly through a 401(k) plan, including shares acquired via the employee stock purchase plan and dividend reinvestment. These are routine compensation and retirement-plan holdings, not open-market trades.
Darden Restaurants reported that SVP and CFO Rajesh Vennam received a grant of 5,890 performance restricted stock units tied to fiscal 2024. These units were earned after the Compensation Committee confirmed performance results based on relative total shareholder return from July 26, 2023 through May 31, 2026.
The performance restricted stock units convert into common stock on a one-for-one basis and vest in two equal annual installments beginning on July 26, 2026, with an expiration date of July 26, 2027. Following the reported transactions, Vennam directly holds 9,080.407 shares of Darden common stock, including shares acquired through the employee stock purchase plan and dividend reinvestment.
Darden Restaurants Inc. reported that SVP and Chief Supply Chain Officer Douglas J. Milanes received a grant of 2,171 performance restricted stock units (PSUs) tied to fiscal 2024 performance. These PSUs convert into common stock on a one-for-one basis at no exercise price.
The PSUs relate to a target award granted on July 26, 2023, based on relative total shareholder return performance through May 31, 2026. On June 23, 2026, the Compensation Committee certified results, resulting in 2,171 PSUs being earned. This grant vests in two equal annual installments beginning on July 26, 2026. Following the reported transactions, Milanes holds 276.079 shares of common stock directly.
Darden Restaurants Group President Melvin John Martin received 4,650 performance restricted stock units (FY24) that convert into common stock on a one-for-one basis. These PSUs were earned based on relative total shareholder return performance from July 26, 2023 through May 31, 2026 and will vest in two equal annual installments beginning on July 26, 2026. Following the reported transactions, Martin holds 17,280.666 shares of common stock directly.
Darden Restaurants senior vice president and corporate controller John W. Madonna reported an equity compensation award rather than a market purchase or sale. He received 1,394 performance restricted stock units (FY24), each convertible into one share of common stock, after the Compensation Committee certified performance results for the July 26, 2023 to May 31, 2026 period. The award will vest in two equal annual installments beginning on July 26, 2026. Following the reported updates, he holds 9,183.85 shares of Darden common stock directly, including shares acquired through the employee stock purchase plan and its dividend reinvestment feature.
Darden Restaurants Inc. reported that SVP and General Counsel Lindsay L. Koren received a grant of 465 performance restricted stock units tied to company performance. These units were earned after the Compensation Committee measured relative total shareholder return performance through May 31, 2026.
The PSUs 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, Koren holds 1,617.828 shares of common stock directly, including shares acquired through the employee stock purchase plan and dividend reinvestment.
Darden Restaurants executive Sarah H. King, SVP and Chief People Officer, was awarded 3,100 performance restricted stock units (PSUs) tied to Darden common stock. These PSUs were earned based on performance criteria measured from July 26, 2023 through May 31, 2026 and convert into common stock on a one-for-one basis.
The grant vests in two equal annual installments beginning on July 26, 2026, providing time-based retention after the performance period. Following the reported update, she holds 712.727 shares of common stock directly, including shares acquired through the employee stock purchase plan and its dividend reinvestment feature. The Form 4 shows a compensation-related award with no open-market purchases or sales.
Darden Restaurants executive Susan M. Connelly, SVP and Chief Communications & Public Affairs Officer, reported an equity compensation update. She was granted 1,551 performance restricted stock units (FY24), which convert into common stock on a one-for-one basis and vest in two equal annual installments beginning on July 26, 2026. The award was earned after the Compensation Committee confirmed performance results for the period from July 26, 2023 through May 31, 2026. Following these updates, she directly holds 4,135.209 shares of common stock and 1,551 PSUs.
Darden Restaurants executive Laura B. Williamson, President of LongHorn Steakhouse, reported routine equity compensation awards and updated holdings. On June 23, 2026, she and her spouse earned 620 and 249 performance restricted stock units (PSUs) tied to relative total shareholder return from July 26, 2023 through May 31, 2026.
The 620 PSUs are held directly and the 249 PSUs are held indirectly through her spouse, and each PSU converts into one share of common stock. This grant vests in two equal annual installments beginning on July 26, 2026. After these updates, she reports 10,738.732 common shares held directly, 5,531.099 common shares held indirectly by her spouse, and 936.4844 common shares held indirectly via a 401(k) plan, along with the newly earned PSUs.
Darden Restaurants reported strong results for the fiscal 2026 fourth quarter and full year, helped by a 53rd week, higher same-restaurant sales and new openings. Fourth quarter sales rose 13.7% to $3.72 billion and adjusted diluted EPS from continuing operations grew 22.8% to $3.66. Full-year sales increased 9.4% to $13.21 billion and adjusted diluted EPS rose 11.4% to $10.64.
The Board raised the quarterly dividend 8.0% to $1.62 per share and authorized a new $1.5 billion share repurchase program after buying back $138 million of stock in the quarter. For fiscal 2027, the company targets sales of $13.60–$13.75 billion, same-restaurant sales growth of 2.5–3.5%, EBITDA of $2.26–$2.29 billion and diluted EPS of $11.10–$11.35.
Darden also amended its bylaws to, among other changes, allow up to 20 shareholders to aggregate holdings for director nominations, update procedures for universal proxy rules, adjust annual meeting timing and remove obsolete provisions.