SEC Form 4 · accession 0001225208-26-006842
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 28, 2026
Accepted (ET)
Jul 30, 2026 · 5:19 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 | Jul 28, 2026 | M | 19,091 | $124.24 | A | 125,280 | D | |
| Common StockF2,F1 | Jul 28, 2026 | S | 3,801 | $209.5754 | D | 121,479 | D | |
| Common StockF3,F1 | Jul 28, 2026 | S | 7,241 | $209.4085 | D | 114,238 | D | |
| Common StockF4,F1 | Jul 28, 2026 | S | 12,802 | $208.795 | D | 101,436 | D | |
| Common StockF5,F1 | Jul 28, 2026 | S | 15,290 | $208.9985 | D | 86,146 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F6 | $124.24 | Jul 28, 2026 | M | 19,091 | D | — | Jul 24, 2029 | Common Stock | 19,091 | 0 | D |
| Restricted Stock Units (FY27 Annual Grant)F7 | — | Jul 29, 2026 | A | 12,792 | A | Jul 29, 2029 | Jul 29, 2029 | Common Stock | 12,792 | 12,792 | D |
| Stock Option (Right to Buy)F8 | $212.23 | Jul 29, 2026 | A | 37,735 | A | — | Jul 29, 2036 | Common Stock | 37,735 | 37,735 | D |
Explanation of responses
- F1Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
- F2This transaction was executed in multiple trades at prices ranging from $209.42 to $209.92. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3This transaction was executed in multiple trades at prices ranging from $209.24 to $209.9. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4This transaction was executed in multiple trades at prices ranging from $208.23 to $209.225. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- F5This transaction was executed in multiple trades at prices ranging from $208.42 to $209.415. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- F6This option vests in two equal annual installments beginning on July 24, 2022.
- F7Restricted stock units convert into common stock on a one-for-one basis.
- F8This option vests in two equal annual installments beginning on July 29, 2029.