Insider Sale by Cardenas Ricardo (President and CEO)
Trade Summary
1 week ago, Cardenas Ricardo, serving as President and CEO at DARDEN RESTAURANTS INC (DRI), sold 39,134 shares at $209.06 per share, for a total transaction value of $8,181,503.70. Following this transaction, Cardenas Ricardo now holds 86,146 shares of DRI.
This sale represents a 31.24% decrease in Cardenas Ricardo's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, July 28, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, July 30, 2026 at 5:19 PM ET, 2 days after the trade was made.
DARDEN RESTAURANTS INC operates in the CONSUMER CYCLICAL sector, specifically within the RESTAURANTS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$209.06
Quantity
39,134
Total Value
$8,181,503.70
Shares Owned
86,146
Trade Date
7 days ago
SEC Filing Date
at 5:19 PM ET
Filed 2 days after trade
Discussion