Daniel J. Kiernan - 27 Jul 2025 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
President, Olive Garden
Signature
A. Noni Holmes-Kidd, Attorney-in-fact for Kiernan, Daniel J.
Issuer symbol
DRI
Transactions as of
27 Jul 2025
Net transactions value
-$1,046,480
Form type
4
Filing time
29 Jul 2025, 21:47:03 UTC
Previous filing
25 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kiernan Daniel J. President, Olive Garden 1000 DARDEN CENTER DRIVE, ORLANDO A. Noni Holmes-Kidd, Attorney-in-fact for Kiernan, Daniel J. 29 Jul 2025 0001728674

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $0 +6,428 +23% $0.000000 33,783 27 Jul 2025 Direct F1
transaction DRI Common Stock Options Exercise $0 +3,214 +9.5% $0.000000 36,997 27 Jul 2025 Direct F2
transaction DRI Common Stock Tax liability $258,667 -1,265 -3.4% $204.48 35,732 27 Jul 2025 Direct
transaction DRI Common Stock Tax liability $517,334 -2,530 -7.1% $204.48 33,202 27 Jul 2025 Direct
transaction DRI Common Stock Options Exercise $0 +2,945 +8.9% $0.000000 36,147 28 Jul 2025 Direct F1
transaction DRI Common Stock Tax liability $236,992 -1,159 -3.2% $204.48 34,988 28 Jul 2025 Direct
transaction DRI Common Stock Options Exercise $0 +214 $0.000000 214 27 Jul 2025 By Spouse F1
transaction DRI Common Stock Options Exercise $0 +107 +50% $0.000000 321 27 Jul 2025 By Spouse F2
transaction DRI Common Stock Tax liability $5,521 -27 -8.4% $204.48 294 27 Jul 2025 By Spouse
transaction DRI Common Stock Tax liability $10,633 -52 -18% $204.48 242 27 Jul 2025 By Spouse
transaction DRI Common Stock Options Exercise $0 +85 +35% $0.000000 327 28 Jul 2025 By Spouse F3
transaction DRI Common Stock Sale $17,332 -85 -26% $203.91 242 29 Jul 2025 By Spouse
holding DRI Common Stock 147 27 Jul 2025 By 401k and Spouse's 401k

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 -6,428 -50% $0.000000 6,428 27 Jul 2025 Common Stock 6,428 Direct F1, F4
transaction DRI Restricted Stock Units (FY23 Annual Grant) Options Exercise $0 -3,214 -100% $0.000000 0 27 Jul 2025 Common Stock 3,214 Direct F2
transaction DRI Performance Restricted Stock Units (FY22) Options Exercise $0 -2,945 -100% $0.000000 0 28 Jul 2025 Common Stock 2,945 Direct F1, F5
transaction DRI Performance Restricted Stock Units (FY23) Options Exercise $0 -214 -50% $0.000000 214 27 Jul 2025 Common Stock 214 By Spouse F1, F4
transaction DRI Restricted Stock Units (FY23 Annual Grant) Options Exercise $0 -107 -100% $0.000000 0 27 Jul 2025 Common Stock 107 By Spouse F2
transaction DRI Restricted Stock Units (DSU) Options Exercise $0 -85 -100% $0.000000 0 28 Jul 2025 Common Stock 85 By Spouse F3, 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 Restricted stock units convert into common stock on a one-for-one basis.
F3 Each restricted stock unit (Darden Stock Unit "DSU") is the economic equivalent of one share of DRI common stock. The restricted stock unit (DSU) becomes payable in cash upon vesting.
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.