Ricardo Cardenas - 27 Jul 2025 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Signature
A. Noni Holmes-Kidd, Attorney-in-fact for Cardenas, Ricardo
Issuer symbol
DRI
Transactions as of
27 Jul 2025
Net transactions value
-$2,987,248
Form type
4
Filing time
29 Jul 2025, 21:25:15 UTC
Previous filing
25 Jul 2025
Next filing
23 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Cardenas Ricardo President and CEO, Director 1000 DARDEN CENTER DRIVE, ORLANDO A. Noni Holmes-Kidd, Attorney-in-fact for Cardenas, Ricardo 29 Jul 2025 0001653795

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $0 +21,426 +36% $0.000000 80,356 27 Jul 2025 Direct F1, F2
transaction DRI Common Stock Options Exercise $0 +10,713 +13% $0.000000 91,069 27 Jul 2025 Direct F2, F3
transaction DRI Common Stock Tax liability $862,088 -4,216 -4.6% $204.48 86,853 27 Jul 2025 Direct F2
transaction DRI Common Stock Tax liability $1,724,175 -8,432 -9.7% $204.48 78,421 27 Jul 2025 Direct F2
transaction DRI Common Stock Options Exercise $0 +4,982 +6.4% $0.000000 83,403 28 Jul 2025 Direct F1, F2
transaction DRI Common Stock Tax liability $400,985 -1,961 -2.4% $204.48 81,442 28 Jul 2025 Direct F2

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 Performance Restricted Stock Units (FY23) Options Exercise $0 -21,426 -50% $0.000000 21,426 27 Jul 2025 Common Stock 21,426 Direct F1, F4
transaction DRI Restricted Stock Units (FY23 Annual Grant) Options Exercise $0 -10,713 -100% $0.000000 0 27 Jul 2025 Common Stock 10,713 Direct F3
transaction DRI Performance Restricted Stock Units (FY22) Options Exercise $0 -4,982 -100% $0.000000 0 28 Jul 2025 Common Stock 4,982 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance restricted stock units convert into common stock on a one-for-one basis.
F2 Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
F3 Restricted stock units convert into common stock on a one-for-one basis.
F4 This grant vests in two equal annual installments beginning on July 27, 2025.
F5 This grant vested in two equal annual installments beginning on July 28, 2024.