Form 4: Darden Restaurants CEO Reports Stock Transaction
Insider Transaction (Form 4)
Ricardo Cardenas, President and CEO and a Director of Darden Restaurants Inc, reported multiple transactions in common stock on July 26, 2026.
Summary
- Option exercise/conversion: acquired 11,624 Common Stock on July 26, 2026; holds 90,926 after (Direct).
- Option exercise/conversion: acquired 11,286 Common Stock on July 26, 2026; holds 102,212 after (Direct).
- Tax/exercise-price withholding: disposed of 4,442 Common Stock at $196.31 ($872,009) on July 26, 2026; holds 97,770 after (Direct).
- Tax/exercise-price withholding: disposed of 4,575 Common Stock at $196.31 ($898,118) on July 26, 2026; holds 93,195 after (Direct).
- Option exercise/conversion: acquired 21,426 Common Stock on July 27, 2026; holds 114,621 after (Direct).
- Tax/exercise-price withholding: disposed of 8,432 Common Stock at $196.31 ($1,655,286) on July 27, 2026; holds 106,189 after (Direct).
- Option exercise/conversion: disposed of 11,624 Performance Restricted Stock Units (FY24) on July 26, 2026; holds 11,625 after (Direct).
- Option exercise/conversion: disposed of 11,286 Restricted Stock Units (FY24 Annual Grant) on July 26, 2026 (Direct).
- Option exercise/conversion: disposed of 21,426 Performance Restricted Stock Units (FY23) on July 27, 2026 (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Ricardo Cardenas — Director, Officer (President and CEO)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-26 | Option exercise/conversion | Common Stock | 11,624 | — | — | 90,925.988 |
| 2026-07-26 | Option exercise/conversion | Common Stock | 11,286 | — | — | 102,211.988 |
| 2026-07-26 | Tax/exercise-price withholding | Common Stock | 4,442 | $196 | $872.0K | 97,769.988 |
| 2026-07-26 | Tax/exercise-price withholding | Common Stock | 4,575 | $196 | $898.1K | 93,194.988 |
| 2026-07-27 | Option exercise/conversion | Common Stock | 21,426 | — | — | 114,620.988 |
| 2026-07-27 | Tax/exercise-price withholding | Common Stock | 8,432 | $196 | $1.7M | 106,188.988 |
| 2026-07-26 | Option exercise/conversion | Performance Restricted Stock Units (FY24) | 11,624 | — | — | 11,625 |
| 2026-07-26 | Option exercise/conversion | Restricted Stock Units (FY24 Annual Grant) | 11,286 | — | — | 0 |
| 2026-07-27 | Option exercise/conversion | Performance Restricted Stock Units (FY23) | 21,426 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-26 | Option exercise/conversion (11,624 shares) |
| 2026-07-26 | Option exercise/conversion (11,286 shares) |
| 2026-07-26 | Tax/exercise-price withholding (4,442 shares) |
| 2026-07-26 | Tax/exercise-price withholding (4,575 shares) |
| 2026-07-27 | Option exercise/conversion (21,426 shares) |
| 2026-07-27 | Tax/exercise-price withholding (8,432 shares) |
| 2026-07-26 | Option exercise/conversion (11,624 shares) |
| 2026-07-26 | Option exercise/conversion (11,286 shares) |
| 2026-07-27 | Option exercise/conversion (21,426 shares) |
Keywords
insider transaction, Form 4, DRI, DARDEN RESTAURANTS INC, neutral, Ricardo Cardenas
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