Form 4: Darden Restaurants Director Sells Shares
SEC Form 4
Director William S. Simon of Darden Restaurants sold 1,219 shares of common stock at a price of $158.21 per share on April 8, 2024.
Summary
- On April 8, 2024, William S. Simon, a director of Darden Restaurants Inc., sold 1,219 shares of the company's common stock.
- The sale price was $158.21 per share.
- Following the transaction, Simon directly owns 6,281 shares of Darden Restaurants Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. A director selling a small portion of their shares doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine disclosure of an insider transaction. It's common for directors and officers to buy and sell shares of their company's stock. The impact on the stock price is usually minimal unless the transaction is very large or part of a broader trend.
Key Dates
| Date | Description |
|---|---|
| 04/08/2024 | Date of transaction: William S. Simon sold shares of Darden Restaurants Inc. |
| 04/09/2024 | Date of signature on the Form 4 filing. |
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