Darden Restaurants Inc. insider Susan M. Connelly reported a same-day option exercise and stock sale involving the company’s common stock on July 7, 2026. The Form 4 was filed July 8, 2026, and signed on Connelly’s behalf by attorney-in-fact A. Noni Holmes-Kidd. The filing indicates that Connelly acquired a total of 9,930 Darden common shares through the exercise of employee stock options in three tranches. The exercised options covered 5,091 shares at an exercise price of $124.24 per share, 3,030 shares at $148.20 per share, and 1,809 shares at $121.47 per share. These transactions are consistent with Form 4 transaction code “M,” typically used for the exercise or conversion of derivative securities. Connelly then sold 9,930 shares of Darden common stock the same day at a weighted average price of $206.2111 per share, a transaction typically reported under code “S” for an open-market sale. The sale was executed in multiple trades at prices ranging from $206.08 to $207.0799. The filing notes that Connelly undertakes to provide full trade-by-trade price and share details upon request to SEC staff, the issuer, or a Darden security holder. Based on the reported figures, the option exercises had an aggregate exercise cost of approximately $1.30 million, while the sale generated gross proceeds of about $2.05 million before taxes, fees, and other costs. The filing does not provide enough information in the supplied text to state Connelly’s exact beneficial ownership after the transaction. The option grants referenced in the filing had staggered vesting terms. One option vested in two equal annual installments beginning July 24, 2022; another vested in two equal annual installments beginning July 27, 2025; and a third vested in two equal annual installments beginning July 28, 2024. The filing also notes that Connelly’s holdings include shares acquired through the Darden Restaurants Employee Stock Purchase Plan and the plan’s dividend reinvestment feature.
Stock detail
Darden Restaurants (DRI) stock price, chart, and key data
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Stock detail
Darden Restaurants
DRI · XNYS
+$19.71 (+10.16%) past day
$213.67
Overnight $213.72 (+0.02%)
Key metrics
Financials
Quarterly revenue, profitability, and balance-sheet snapshot
Dividend
Past Dividend Performance
$1.50
$1.50
$1.62
Annual Dividend Yield
3.03%
Dividend
$1.62 / Stock
Frequency
Quarterly Payment
Day range
$192.25 - $197.07
Close price
$194.12
Market cap
$22.2B
P/E ratio
80.63
About the company
Darden Restaurants, Inc.
Darden Restaurants is the largest global full-service dining operator, with over $12 billion in system sales across 2,159 company-owned stores at the end of fiscal 2025, spanning the US and Canada. The firm operates 10 banners in four segments, including Olive Garden (43% of sales), LongHorn Steakhouse (25%), and fine dining (21%), which includes The Capital Grille, Ruth's Chris, and Eddie V's. The other 11% of sales comes from smaller concepts such as Yard House and Cheddar's. Darden primarily generates revenue through sales of food and beverage items at its company-owned restaurants. It also earns royalties on sales from 154 franchised locations in US and international markets, which sit within the other segment but are immaterial to consolidated results.
Ticker holders
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Holder directory
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#1Lisa McClain
republican · House · MI-9
- Sell$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
- Sell$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
- Sell$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
#2Alan Armstrong
- Buy$1,001 / $8,001 / $15,000
#3Ro Khanna
democrat · House · CA-17
- Sell$1,000 / $8,000 / $15,000
#4Rob Bresnahan
republican · House · PA-8
- Sell$1,000 / $8,000 / $15,000
#5Rob Bresnahan
republican · House · PA-8
- Buy$1,001 / $8,001 / $15,000
#6Gilbert Cisneros
democrat · House · CA-31
#7Bill Hagerty
republican · Senate · TN
#8Donald J Trump
republican · Executive
#9Josh Gottheimer
democrat · House · NJ-5
Market action
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