Cardenas Ricardo's Form 4 filing
Darden Restaurants Inc (DRI) · filed Mar 26, 2025
- Accession no.
- 0001225208-25-003656
- Filed
- Mar 26, 2025
- Trade date
- Mar 24, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions and 1 derivative transaction. Open-market sales total $4.27M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Cardenas RicardoCIK 0001653795 | Director, Officer (President and CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 24, 2025 | Common Stock | MOption exerciseAcquired | +20,518 | $107.05 | +$2,196,451.9 | 79,354.42 | Direct | |
| Mar 24, 2025 | Common Stock | SSaleDisposed | −1,829 | $209.39F2 | −$382,974.31 | 77,525.42 | Direct | |
| Mar 24, 2025 | Common Stock | SSaleDisposed | −3,233 | $209.79F3 | −$678,251.07 | 74,292.42 | Direct | |
| Mar 24, 2025 | Common Stock | SSaleDisposed | −3,767 | $206.85F4 | −$779,203.95 | 70,525.42 | Direct | |
| Mar 24, 2025 | Common Stock | SSaleDisposed | −11,689 | $207.99F5 | −$2,431,195.11 | 58,836.42 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 24, 2025 | Common Stock | MOption exerciseDisposed | −20,518 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
This transaction was executed in multiple trades at prices ranging from $208.67 to $209.60. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F3
This transaction was executed in multiple trades at prices ranging from $209.71 to $209.88. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F4
This transaction was executed in multiple trades at prices ranging from $206.58 to $207.22. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F5
This transaction was executed in multiple trades at prices ranging from $207.625 to $208.54. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.