Darden Restaurants Insider Sarah H. King Sells Shares Amid Expansion Plans
Sarah H. King, Chief People Officer at Darden Restaurants (NYSE: DRI), sold 4,373 shares on July 29, 2026, according to an SEC Form 4 filing. The transaction occurred at a weighted average price of $210.42 and reduced her direct ownership in the company from over 5,000 shares to just 742 post-transaction. This insider sale comes as Darden plans to open approximately 80 new restaurants. Despite King's significant reduction in common stock holdings, she still holds more than 7,000 derivative securities tied to the company’s long-term performance. The stock closed at $212.23 on July 29 and has delivered a roughly flat one-year return. Darden operates over 1,867 restaurants across North America with brands like Olive Garden and LongHorn Steakhouse. It reported TTM revenue of $13.2 billion and net income of $1.2 billion as of July 29.
Tickers: $DRI