4Accepted Sep 25, 4:09 PM ET
Darden (DRI) Director M. Shan Atkins Receives RSU Award
Accepted (ET)
4:09 PM
Sep 25, 2026
Filed
Sep 25, 2026
Documents
2
Size
9.2 KB
Summary
Darden (DRI) Director M. Shan Atkins Receives RSU Award
What Happened
- M. Shan Atkins, a director of Darden Restaurants, received a grant of 936 restricted stock units (RSUs) on Sept 23, 2026. The award shows $0.00 as the acquisition price (typical for compensation grants); no cash was paid. This is an award/compensation event (not a purchase or sale).
Key Details
- Transaction date: 2026-09-23; Form 4 filed: 2026-09-25.
- Transaction type/code: Award/Grant (A); 936 RSUs @ $0.00 (derivative).
- Shares/RSUs owned after transaction: not reported in this filing.
- Footnotes: F1 — RSUs convert into common stock on a one-for-one basis. F2 — RSUs vest on the earlier of one year from grant or the next annual meeting; the director has a one-time option to defer settlement until termination from the board.
- Remarks: atkins2026poa.txt included in filing.
- Filing timeliness: Form 4 was filed two days after the transaction date; no late filing is indicated.
Context
- RSUs are a form of deferred compensation. These units do not represent immediately tradable shares until they vest and convert to common stock.
- Director RSU grants are routine compensation and do not necessarily signal buying or selling intent. The director also may defer receiving shares until leaving the board per the disclosed terms.