4Accepted Sep 25, 4:09 PM ET
Darden (DRI) Chairman Cynthia Jamison Receives RSU Award
Accepted (ET)
4:09 PM
Sep 25, 2026
Filed
Sep 25, 2026
Documents
2
Size
9.3 KB
Summary
Darden (DRI) Chairman Cynthia Jamison Receives RSU Award
What Happened
Cynthia T. Jamison, a director and Chairman of the Board of Darden Restaurants, was granted 1,404 restricted stock units (RSUs) on September 23, 2026. The RSUs are reported as a derivative award with an acquisition price of $0 (transaction code A — award/grant). The filing shows the award amount but does not assign a cash purchase value.
Key Details
- Transaction date: 2026-09-23; Form 4 filed: 2026-09-25 (timely filing).
- Grant: 1,404 RSUs; reported price: $0.00 (award).
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: RSUs convert one-for-one into common shares; vesting occurs on the earlier of one year from grant or the next annual shareholder meeting. The director has a one-time option to defer settlement until termination from the board.
- Remarks: filing references jamison2026poa.txt (indicates the Form 4 may have been submitted via a power of attorney).
Context
This is an equity award (compensation/retainer) to a board member rather than an open-market purchase or sale. Awards like RSUs are common for directors and represent future equity once vested/settled; they are not an immediate cash outlay and do not by themselves indicate a buy or sell sentiment.