Darden Restaurants (DRI) executive Connelly acquired 3,671 shares
Stocks in this Quantisnow insightConsumer Discretionary
Insider transactions reported
Susan M. Connelly (SVP, Chief Comm & PA Officer at Darden Restaurants Inc., DRI) reported that they acquired 3,671 shares, and gave up 1,445 shares at $196.31 to cover taxes or an exercise price between Jul 26, 2026 and Jul 27, 2026. After these transactions the filing shows 6,391.3 shares held directly.
- Reporting person
- Connelly Susan M.
- Role
- SVP, Chief Comm & PA Officer
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jul 26, 2026 | Exercise or conversion of a derivative (M) | Common Stock1, 2, 3 | +1,527 | - | - | 5,692.301 direct |
| Jul 26, 2026 | Shares withheld for taxes or exercise price (F) | Common Stock2 | -601 | avg $196.31 | $118K | 5,091.301 direct |
| Jul 27, 2026 | Exercise or conversion of a derivative (M) | Common Stock1, 2 | +2,144 | - | - | 7,235.301 direct |
| Jul 27, 2026 | Shares withheld for taxes or exercise price (F) | Common Stock2 | -844 | $196.31 | $166K | 6,391.301 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jul 26, 2026 | Exercise or conversion of a derivative (M) | Performance Restricted Stock Units (FY24)On 775 Common Stock1, 4 | -775 | - | - | 776 direct |
| Jul 26, 2026 | Exercise or conversion of a derivative (M) | Restricted Stock Units (FY24 Annual Grant)On 752 Common Stock3 | -752 | - | - | 0 direct |
| Jul 27, 2026 | Exercise or conversion of a derivative (M) | Performance Restricted Stock Units (FY23)On 2,144 Common Stock1, 5 | -2,144 | - | - | 0 direct |
Holdings before and after
- Common Stock: 4,165.301 to 6,391.301 direct
- Performance Restricted Stock Units (FY24): 1,551 to 776 direct
- Restricted Stock Units (FY24 Annual Grant): 752 to 0 direct
- Performance Restricted Stock Units (FY23): 2,144 to 0 direct
Footnotes from the filing
- 1. Performance restricted stock units convert into common stock on a one-for-one basis.
- 2. Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
- 3. Restricted stock units convert into common stock on a one-for-one basis.
- 4. This grant vests in two equal annual installments beginning on July 26, 2026.
- 5. This grant vested in two equal annual installments beginning on July 27, 2025.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Connelly report in this DRI Form 4?
Susan M. Connelly (SVP, Chief Comm & PA Officer at Darden Restaurants Inc., DRI) reported that they acquired 3,671 shares, and gave up 1,445 shares at $196.31 to cover taxes or an exercise price between Jul 26, 2026 and Jul 27, 2026. After these transactions the filing shows 6,391.3 shares held directly.
How many DRI shares does Connelly hold after this filing?
The filing shows 6,391.3 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for DRI
Across the 15 sessions after earlier DRI headlines, the stock closed higher 9 times and lower 6 times, with a median move of 1.3% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | DRI | SPY |
|---|---|---|---|
| Jun 25, 2026 | Darden Restaurants Reports Fiscal 2026 Fourth Quarter and Full Year Results; Increases Quarterly Dividend; Authorizes New $1.5 Billion Share Repurchase Program; and Provides Fiscal 2027 Outlook | -0.3% | +0.1% |
| Jun 23, 2026 | Darden Restaurants downgraded by Evercore ISI with a new price target | -0.7% | -1.5% |
| May 29, 2026 | Darden Restaurants to Release Fiscal 2026 Fourth Quarter and Full Year Results on June 25, 2026 | -0.3% | +0.2% |
| Mar 19, 2026 | Darden Restaurants Reports Fiscal 2026 Third Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2026 Financial Outlook | +1.8% | -0.2% |
| Feb 20, 2026 | Darden Restaurants to Release Fiscal 2026 Third Quarter Results on March 19, 2026 | +2.0% | +0.7% |
| Feb 5, 2026 | Recipe Restaurant Group International Announces Third New Olive Garden Location in Canada | +0.6% | -1.2% |
Earlier insider filings at DRI
- Jul 29, 2026SVP, Chief People Officer King Sarah H. converted options into 6,913 shares and covered exercise/tax liability with 2,540 shares, increasing direct ownership by 589% to 5,116 units (SEC Form 4)
- Jul 8, 2026SVP, Chief Comm & PA Officer Connelly Susan M. exercised 9,930 shares at a strike of $131.05 and sold $2,047,676 worth of shares (9,930 units at $206.21), increasing direct ownership by 0.00% to 4,165 units (SEC Form 4)
- Jun 25, 2026SEC Form 4 filed by President and CEO Cardenas Ricardo
- Jun 25, 2026SEC Form 4 filed by Group Pres, Pres, Chuy's Burrowes Todd
- Jun 25, 2026SEC Form 4 filed by President, Olive Garden Wilkerson John W.
Keep researching DRI
- DRI insider tradesEvery buy and sale reported by Darden Restaurants Inc. officers, directors and large holders.
- What is Form 4?The SEC filing that reports a change in an insider's holdings, such as a purchase, sale, option exercise or grant, generally within two business days.
- Form 4 explainedForm 4 is the SEC filing that discloses when officers, directors and 10% owners buy or sell company stock, due within 2 business days. Learn every key field and code.
- Insider trading trackerThe latest insider buys and sales across every stock.
- DRI earnings historyPast Darden Restaurants Inc. earnings releases, newest first.
- DRI financial statementsRevenue, profit, cash flow and balance sheet from Darden Restaurants Inc.'s SEC filings.
Quantisnow market dataNYSE
DRI
Darden Restaurants Inc.
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- Restaurants
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