BlackRock (DRI) reports 8% Darden Restaurants stake in Schedule 13G/A
Rhea-AI Filing Summary
BlackRock, Inc. has filed Amendment No. 16 reporting its beneficial ownership of 9,215,129 shares of Darden Restaurants Inc. common stock, representing 8.0% of the outstanding class as of the event date 12/31/2025. BlackRock reports sole power to vote 8,541,487 of these shares and sole power to dispose of 9,215,129 shares, with no shared voting or dispositive power.
The filing states that various underlying persons have rights to dividends or sale proceeds, but no single person has more than five percent of Darden’s total outstanding common shares. BlackRock certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Darden Restaurants.
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FAQ
How many Darden Restaurants (DRI) shares does BlackRock report owning?
BlackRock, Inc. reports beneficial ownership of 9,215,129 shares of Darden Restaurants Inc. common stock, as disclosed in the ownership section of the filing.
What percentage of Darden Restaurants (DRI) does BlackRock own according to this Schedule 13G/A?
BlackRock, Inc. reports that its 9,215,129 shares represent 8.0% of Darden Restaurants Inc.’s outstanding common stock.
Does BlackRock have sole or shared voting power over its Darden Restaurants (DRI) holdings?
BlackRock, Inc. reports sole voting power over 8,541,487 shares and no shared voting power in Darden Restaurants Inc. common stock.
What dispositive power does BlackRock report over Darden Restaurants (DRI) shares?
BlackRock, Inc. reports sole dispositive power over 9,215,129 shares of Darden Restaurants Inc. common stock and no shared dispositive power.
Is BlackRock seeking to influence control of Darden Restaurants (DRI) with this stake?
The certification states that the Darden Restaurants Inc. securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of the issuer.
Who ultimately benefits from dividends or sale proceeds of BlackRock’s Darden (DRI) position?
The filing notes that various persons have rights to receive dividends or sale proceeds from Darden Restaurants Inc. shares managed by BlackRock, but no single person’s interest exceeds five percent of Darden’s total outstanding common shares.