Cardenas Ricardo 4
4 · DARDEN RESTAURANTS INC · Filed Jun 20, 2025
Insider Transaction Report
Form 4
Cardenas Ricardo
DirectorPresident and CEO
Transactions
- Award
Performance Restricted Stock Units (FY23)
2025-06-17+42,852→ 42,852 totalExp: 2026-07-27→ Common Stock (42,852 underlying)
Holdings
- 58,901.897
Common Stock
Footnotes (5)
- [F1]Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
- [F2]On July 27, 2022, the Reporting Person was awarded 21,426 target performance restricted stock units (PSUs) subject to the achievement of performance criteria (relative total shareholder return as compared to a selected comparison group) from July 27, 2022 through May 25, 2025.
- [F3]Performance restricted stock units convert into common stock on a one-for-one basis.
- [F4]On June 17, 2025, the Compensation Committee of the Board of Directors determined the final results under the applicable performance criteria resulting in 42,852 PSUs being earned in accordance with the provisions of the applicable award agreement.
- [F5]This grant vests in two equal annual installments beginning on July 27, 2025.