DARDEN RESTAURANTS INC·4

Jan 27, 9:19 AM ET

SONSTEBY CHARLES M 4

Research Summary

AI-generated summary

Updated

Darden (DRI) Director Charles Sonsteby Sells 3,123 Shares

What Happened
Charles M. Sonsteby, a director of Darden Restaurants, sold 3,123 shares in an open‑market transaction on January 23, 2026. The weighted average sale price was $205.32 per share, resulting in gross proceeds of approximately $641,210. This was a sale (not a purchase or option exercise).

Key Details

  • Transaction date: 2026-01-23.
  • Shares sold: 3,123; weighted average sale price: $205.32; total proceeds ≈ $641,210.
  • Price range (multiple trades): $205.205 to $205.515 (footnote F1). The weighted average reported reflects multiple executions; detailed trade-by-trade data is available on request per the footnote.
  • Shares owned after transaction: not provided in the summary data supplied.
  • Remarks: reference to "sonsteby2025v2poa.txt" (may indicate a power-of-attorney or agent handled the filing).
  • Filing timeliness: Report filed 2026-01-27 for a 2026-01-23 transaction; this appears timely (filed within the standard two business‑day window).

Context
This was a direct sale by a company director. Sales by insiders can be routine (diversification, tax planning, etc.) and do not by themselves indicate management sentiment about the company. No insider purchases, option exercises, or other derivative actions were reported in this filing.

Loading document...