Form 4 Filing for Darden Restaurants Inc. - Insider Transaction
This filing details a transaction by Martin Melvin John, Group President at Darden Restaurants Inc. On June 23, 2026, 4,650 performance-based restricted stock units (PSUs) were earned, converting to common stock on a one-for-one basis. These PSUs were awarded on July 26, 2023, with performance criteria based on total shareholder return from July 26, 2023, to May 31, 2026. The Compensation Committee certified the performance results on June 23, 2026. The grant vests in two equal annual installments starting July 26, 2026. Following this transaction, Mr. John directly owns 4,650 shares of common stock from the PSUs. Additionally, the filing notes that Mr. John directly owns 17,280.6660 shares of common stock, which includes shares acquired through the Darden Restaurants, Inc. Employee Stock Purchase Plan and the plan's dividend reinvestment feature.