Ricardo Cardenas - 24 Mar 2025 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Signature
Jessica P. Lange, Attorney-in-fact for Cardenas, Ricardo
Issuer symbol
DRI
Transactions as of
24 Mar 2025
Net transactions value
-$2,075,115
Form type
4
Filing time
26 Mar 2025, 17:00:34 UTC
Previous filing
25 Sep 2024
Next filing
16 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $2,196,452 +20,518 +35% $107.05 79,354 24 Mar 2025 Direct F1
transaction DRI Common Stock Sale $382,979 -1,829 -2.3% $209.39 77,525 24 Mar 2025 Direct F1, F2
transaction DRI Common Stock Sale $678,242 -3,233 -4.2% $209.79 74,292 24 Mar 2025 Direct F1, F3
transaction DRI Common Stock Sale $779,197 -3,767 -5.1% $206.85 70,525 24 Mar 2025 Direct F1, F4
transaction DRI Common Stock Sale $2,431,148 -11,689 -17% $207.99 58,836 24 Mar 2025 Direct F1, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DRI Stock Option (Right to Buy) Options Exercise $0 -20,518 -100% $0.000000 0 24 Mar 2025 Common Stock 20,518 $107.05 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
F2 This transaction was executed in multiple trades at prices ranging from $208.67 to $209.60. 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.
F3 This transaction was executed in multiple trades at prices ranging from $209.71 to $209.88. 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.
F4 This transaction was executed in multiple trades at prices ranging from $206.58 to $207.22. 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.
F5 This transaction was executed in multiple trades at prices ranging from $207.625 to $208.54. 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.
F6 This option vested in two equal annual installments beginning on 7/25/2021.