DARDEN RESTAURANTS INC·4

Jan 21, 10:11 AM ET

Wilkerson John W. 4

Research Summary

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Darden (DRI) President-Elect John Wilkerson Sells Shares

What Happened
John W. Wilkerson, President‑Elect of Olive Garden at Darden Restaurants (DRI), reported two transactions on Jan 16, 2026. He sold 2,258 shares in an open‑market sale at $213.00 per share for proceeds of $480,954, and separately made a bona fide gift of 670 shares for charitable contributions (no consideration received).

Key Details

  • Transaction date: 2026-01-16. Form 4 filed: 2026-01-21 (filed on time within the 2 business‑day requirement).
  • Sale: 2,258 shares sold at $213.00 each; proceeds reported $480,954. (Code S — sale.)
  • Gift: 670 shares transferred as a charitable gift (Code G — gift); no proceeds received.
  • Footnotes: F1 confirms the 670‑share transfer was a bona fide charitable gift with no consideration; F2 notes holdings include shares acquired under Darden’s ESPP and dividend reinvestment.
  • Shares owned after the transactions: not specified in the provided filing.
  • Remarks file referenced: wilkerson2025v2poa.txt (administrative/POA notation).

Context
Open‑market sales and charitable gifts by executives are common and do not necessarily signal a change in company outlook. Gifts are usually for personal/charitable planning and are not a market sentiment indicator. The sale was disclosed on a timely Form 4.