Form 4: Darden Restaurants Executive Todd Burrowes Reports Stock Disposal

Todd Burrowes, President of Business Development at Darden Restaurants, reports the disposal of 3,421 shares of common stock.

Summary

• On September 24, 2024, Todd Burrowes, President of Business Development at Darden Restaurants, disposed of 3,421 shares of common stock.
• The transaction was a disposal (D) with a price of $0.0000.
• Following the transaction, Burrowes directly owns 48,708.172 shares of Darden Restaurants common stock.
• The filing also notes that some shares were acquired through the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock transaction by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction could be of interest to shareholders as it provides insight into the actions of a key executive.

Key Dates