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EdgarHawk

Connelly Susan M.

SVP, Chief Comm & PA Officer

Officer
2 filings analyzed · 1 company · Latest 2025-06-26

Companies

Company Buys Sells Direction
DARDEN RESTAURANTS INC DRI 0 5 Net selling

Activity

June 2025
medium
Sell
4,735 shares
$1,059,586
Significance 4/10

SVP Connelly Susan M. sold 4,735 DRI shares at $223.78 for $1,059,585.52; post-sale holdings 4,601 shares.

Connelly Susan M., SVP, Chief Communications & Public Affairs Officer at Darden Restaurants, sold 4,735 shares at $223.78 on 2025-06-24, reducing her holdings by 50.7% (from 9,336 to 4,601 shares) and realizing $1,059,585.52. The sale occurred near the 52-week high of $225.78, with the stock currently trading at $215.97 after the transaction. Her prior sale at DRI on 2025-01-06 posted a 90-day return of +4.2%, indicating the stock appreciated following that earlier sale. No red flags in the company fundamentals: DRI reported $3.2B in quarterly revenue, $323.4M net income, and annual growth of 8.6% with a reasonable P/E of 23.97 and market cap of $25.3B. The magnitude of the position reduction is notable, though the timing near 52-week highs and the company's solid operational metrics provide context for the transaction.

January 2025
medium
Sell
9,264 shares
$1,710,876
Significance 6/10

SVP Connelly sells 9,264 DRI shares for $1.7M; stake reduced 67.0% to 4,567 shares post-transaction

Susan M. Connelly, SVP Chief Communications & Public Affairs Officer, sold 9,264 shares of Darden Restaurants at $184.68 on 2025-01-06, reducing her holdings from 13,831 to 4,567 shares—a net reduction of 67.0%. The sale occurred at a price 0.95 points above the current market price of $183.73, within 2.6% of the 52-week high of $188.66. Given Connelly's executive role in investor communications, the magnitude of this divestiture—roughly two-thirds of her prior position—represents a material change in her ownership stake. The transaction warrants examination of broader insider trading patterns and any material developments in the company's disclosure or strategic positioning that may have prompted such a substantial reduction.

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