Darden Director Daryl Kenningham Converts 886 RSUs to 886 Shares

What Happened

• Daryl Kenningham, a director of Darden Restaurants (DRI), had 886 restricted stock units (RSUs) convert into 886 common shares on September 17, 2026. The filing shows an acquisition of 886 shares at $0.00 (code M — exercise/conversion of a derivative) and a corresponding derivative disposition entry reflecting the conversion. No cash was paid in connection with this conversion.

Key Details

• Transaction date: 2026-09-17
• Transaction code: M (exercise or conversion of a derivative security)
• Shares acquired: 886 common shares at $0.00 per share
• Derivative disposition: matching 886-share derivative entry (N/A price) reflecting conversion
• Shares owned after transaction: not specified in the filing
• Footnotes: F1 — RSUs convert one-for-one to common stock; F2 — RSUs vest on the earlier of one year from grant or the next annual shareholders’ meeting
• Filing timeliness: Report dated 2026-09-17 was filed 2026-09-18 (appears timely)

Context

• This was a conversion/vesting of RSUs rather than an open-market purchase or sale. Vesting/settlement events are routine and do not by themselves indicate a buy or sell signal. The filing does not show an immediate sale of the shares; any later disposition would appear in subsequent filings.