Broad Matthew R

Matthew R Broad (SVP General Counsel) sold 5,661 shares of DRI at $193.40; stock down -16.8% from 52-week high

Matthew R Broad, SVP General Counsel, sold 5,661 shares at $193.40 on 2025-10-06, reducing his holding by 28.9% to 13,915 shares. The sale occurred near a relative peak—DRI has since declined -10.8% over 30 days and -11.7% over 90 days, now trading at $187.92 or -16.8% from the 52-week high of $225.78. His same-ticker history at DRI shows mixed timing: his most recent sells on 2025-07-01 and 2025-06-30 were both well-timed (both posted negative 90-day returns), but overall 2 of 5 prior DRI sells produced positive 90-day returns, indicating no consistent edge at this ticker. His cross-ticker track record shows a 72.73% well-timed rate on 11 prior sells, suggesting some pattern-recognition ability, though this transaction's outcome remains incomplete. Fundamentally, DRI trades at a P/E of 19.86 with recent quarterly net income of $257.8M on $3.0B revenue, so the company itself is not distressed; the recent decline appears market-driven rather than company-specific.

SVP General Counsel Broad sells 7,682 shares of DRI for $1.7M at $218.05 avg; reduces stake 34.8%

Broad Matthew R, SVP General Counsel at Darden Restaurants, executed 2 separate sales totaling 7,682 shares for $1,675,075.30 at a blended average price of $218.05, reducing his holdings from 22,049 shares to 14,367 shares—a 34.8% reduction in stake. The stock currently trades at $219.33, near its 52-week high of $225.78, having appreciated 1.1% over 30 days and 9.3% over 90 days. His prior DRI sales show mixed timing: 2 of 5 prior trades were well-timed (negative 90-day returns), while 3 resulted in subsequent gains, suggesting no consistent directional pattern. The company is trading at a P/E of 24.34 with solid fundamentals (8.6% annual revenue growth, $3.2B quarterly revenue, $323.4M net income), leaving no earnings distress signal. The significant reduction in personal stake warrants attention, though the absence of a 10b5-1 plan disclosure and the executive's specific role in legal affairs do not, based on available facts, point to a particular strategic signal.

SVP General Counsel Broad sold 12.8K DRI shares at $187.37 (2025-01-21); 47.1% position reduction, $2.4M proceeds

Broad Matthew R, SVP General Counsel at Darden Restaurants, sold 12,759 shares at $187.37 on 2025-01-21, reducing his holding by 47.1% and generating $2,390,707.42 in proceeds. The sale occurred near the stock's 52-week high of $188.66 and the stock has gained 14.2% over the prior 90 days, suggesting the timing coincided with elevated valuations. Across his prior 5 trades at DRI, Broad's 90-day timing was mixed: 3 of 5 prior sells achieved negative 90-day returns (well-timed outcomes where the stock subsequently fell), while 2 resulted in gains he missed. His broader cross-ticker track record shows a 75.00% well-timed rate on sells with an average 90-day return of -4.4%, indicating a pattern of selling before declines, though this current trade's timing cannot yet be assessed. The company trades at a P/E of 20.84 on $2.9B in latest quarterly revenue, and Broad retains 14,328 shares post-sale, maintaining material exposure.

SVP General Counsel Broad sold 4,360 DRI shares at $171.98; 4 of 4 prior DRI sales show 90-day well-timed pattern.

Matthew R. Broad, SVP General Counsel, sold 4,360 shares (23.4% of his pre-transaction holdings) at $171.98 on 2024-09-23, reducing his stake from 18,608 to 14,248 shares for a total value of $749,824.08. His prior trades at DRI show a consistent 90-day timing pattern: all 4 measurable prior sells at this ticker registered negative 90-day returns, indicating the stock declined after each sale. His cross-ticker track record across all open-market activity shows a 100.00% well-timed rate on sells (7 prior sells with avg 90d return of -8.9%), suggesting a disciplined approach to exit timing. The current price of $168.11 is 4.4% below the 52-week high and 30-day momentum remains positive at +7.6%, yet this sale extends a pattern of well-timed exits at DRI—a material signal given the consistency of outcomes on prior transactions at this same ticker.

SVP General Counsel Matthew Broad sells 5,171 shares of DRI at $146.48; all 5 prior DRI sales were followed by 90-day declines.

Matthew Broad, SVP General Counsel of Darden Restaurants, sold 5,171 shares at $146.48 on 2024-07-29, reducing his holdings by 24.2% from 21,326 to 16,155 shares. This sale fits a notable pattern at this ticker: Broad's prior 5 trades at DRI were all sells, and each one was followed by a negative 90-day return (ranging from -5.9% to -10.7%), establishing a 100% well-timed rate at this specific security. While his cross-ticker track record shows a 90d well-timed rate of 100.00% across 6 prior sells, the same-ticker history at DRI demonstrates consistent execution: every prior sale preceded a subsequent decline. The current price of $148.14 is -15.8% from the 52-week high of $175.89, and the stock has declined 2.1% in the 30 days and 2.0% in the 90 days since announcement. This transaction and its antecedent pattern merit investor attention for its repetition of a consistently profitable disposition timing signal at this specific issuer.