4/A: Darden Director Corrects Stock Sale Price

Darden Restaurants Director William S. Simon filed an amended Form 4 to correct the reported sale price of 2,333 common shares.

Summary

• William S. Simon, a Director of Darden Restaurants Inc. (DRI), filed an Amendment No. 1 to Form 4.
• The amendment was filed solely to correct the sale price of 2,333 shares of common stock reported in the original Form 4.
• The corrected sale price for the transaction on March 23, 2026, is $203.96 per share.
• Following this transaction, Mr. Simon beneficially owns 6,281 shares of common stock directly.
• The original Form 4 was filed on March 24, 2026, and the correction was due to erroneous information provided by the reporting person's brokerage firm.
• No other information reported in the original Form 4 has been changed by this amendment.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative correction, neither positively nor negatively impacting the company's operational or financial standing.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that a routine amendment to an insider transaction filing, specifically to correct a sale price, typically has no broader implications for industry trends or the competitive landscape, as it pertains to an individual director's administrative correction.

Stakeholder Impact

• Minimal impact on shareholders as this is an administrative correction to a previously reported insider transaction.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Darden Restaurants, DRI, Form 4/A, Insider Transaction, Director Stock Sale, Beneficial Ownership, SEC Filing, William S. Simon