SEC Form 4 · accession 0001225208-26-006805
DARDEN RESTAURANTS INC · DRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ricardo Cardenas
Officer — President and CEO · Director
Period of report
Jul 26, 2026
Accepted (ET)
Jul 29, 2026 · 4:21 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000940944
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 26, 2026 | M | 11,624 | $0.00 | A | 90,926 | D | |
| Common StockF3,F2 | Jul 26, 2026 | M | 11,286 | $0.00 | A | 102,212 | D | |
| Common StockF2 | Jul 26, 2026 | F | 4,442 | $196.31 | D | 97,770 | D | |
| Common StockF2 | Jul 26, 2026 | F | 4,575 | $196.31 | D | 93,195 | D | |
| Common StockF1,F2 | Jul 27, 2026 | M | 21,426 | $0.00 | A | 114,621 | D | |
| Common StockF2 | Jul 27, 2026 | F | 8,432 | $196.31 | D | 106,189 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Restricted Stock Units (FY24)F1,F4 | — | Jul 26, 2026 | M | 11,624 | D | — | Jul 26, 2027 | Common Stock | 11,624 | 11,625 | D |
| Restricted Stock Units (FY24 Annual Grant)F3 | — | Jul 26, 2026 | M | 11,286 | D | Jul 26, 2026 | Jul 26, 2026 | Common Stock | 11,286 | 0 | D |
| Performance Restricted Stock Units (FY23)F1,F5 | — | Jul 27, 2026 | M | 21,426 | D | — | Jul 27, 2026 | Common Stock | 21,426 | 0 | D |
Explanation of responses
- F1Performance restricted stock units convert into common stock on a one-for-one basis.
- F2Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
- F3Restricted stock units convert into common stock on a one-for-one basis.
- F4This grant vests in two equal annual installments beginning on July 26, 2026.
- F5This grant vested in two equal annual installments beginning on July 27, 2025.