Form 4: Darden Restaurants SVP, Corporate Controller John W. Madonna Reports Sale of Common Stock

John W. Madonna, SVP, Corporate Controller of Darden Restaurants, sold 1,806 shares of common stock at an average price of $207.8813 on March 24, 2025.

Summary

• On March 24, 2025, John W. Madonna, the SVP, Corporate Controller of Darden Restaurants Inc. (DRI), sold 1,806 shares of common stock.
• The sale was executed at a weighted average price of $207.8813 per share, with individual trades ranging from $207.795 to $207.95.
• Following the transaction, Madonna directly owns 7,191.872 shares of Darden Restaurants Inc.
• This includes shares 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 an insider stock sale. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock. It is important to note that insider selling does not necessarily indicate a negative outlook for the company.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a relatively small transaction.

Key Dates

Keywords

Darden Restaurants Inc., DRI, John W. Madonna, SEC Form 4, Insider Trading, Stock Sale, Corporate Controller, Common Stock