4Accepted Sep 25, 4:10 PM ET
Darden (DRI) Director Simon William S Receives 936 RSUs
Accepted (ET)
4:10 PM
Sep 25, 2026
Filed
Sep 25, 2026
Documents
1
Size
5.9 KB
Summary
Darden (DRI) Director Simon William S Receives 936 RSUs
What Happened
Simon William S, a director of Darden Restaurants, was granted 936 restricted stock units (RSUs) on September 23, 2026. The Form 4 reports an acquisition (award) of 936 RSUs at an acquisition price of $0.00 (typical for RSU grants); the filing treats these as derivative securities that will convert into common shares on a one-for-one basis.
Key Details
- Transaction date: 2026-09-23; Form filed: 2026-09-25 (timely).
- Award: 936 restricted stock units (transaction code A); reported price $0.00.
- Shares owned after transaction: not specified in the provided filing details.
- 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 shareholders’ meeting.
- Filing timeliness: filed within the usual Form 4 reporting window (not marked late).
Context
RSU grants to directors are common compensation/retention tools and do not represent an immediate cash purchase or sale. They only increase outstanding common shares if and when they vest and convert. This award is informational about director compensation rather than a direct bullish or bearish trade signal.