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.