Milanes Douglas J.

Darden SVP Milanes sells 11,948 shares for $2,653,355.68, reducing holdings by 98.8%

Milanes Douglas J., SVP and Chief Supply Chain Officer at Darden Restaurants, executed 2 separate sales totaling 11,948 shares for $2,653,355.68 at a blended average price of $222.08 on 2025-06-24, reducing his post-transaction holdings to 146 shares from 12,094 shares. The near-complete exit (98.8% reduction) occurs as DRI trades at $215.97, down 4.3% from its 52-week high of $225.78 and near the top of its $138.06–$225.78 range, suggesting the executive moved shares when valuation was elevated. His prior DRI sales (2025-01-30 and 2023-06-26) produced mixed 90-day returns (+2.4% and -10.5% respectively), with a 50% well-timed rate across his cross-ticker track record. The company's fundamentals remain solid with FY revenue growth of +8.6%, a P/E of 23.97, and Q3 revenue of $3.2B, though the magnitude of this position reduction warrants monitoring for any underlying strategic or operational signals.

SVP Douglas Milanes sold 7,892 shares of DRI at $195.95 for $1.5M, reducing stake 66.8% to 3,913 shares

Douglas Milanes, SVP and Chief Supply Chain Officer, sold 7,892 shares at $195.95 on 2025-01-30, reducing his holdings by 66.8% from 11,805 to 3,913 shares. The sale occurred near the 52-week high of $198.67, with the stock up 5.8% over 30 days and 23.1% over 90 days. His cross-ticker track record shows a 100.00% well-timed rate on sells (where the stock fell after), and at DRI specifically he executed a prior sell on 2023-06-26 that showed negative 90-day returns. The substantial reduction in holdings by a senior executive responsible for supply chain operations warrants investor attention, particularly given the timing context and historical pattern of this insider's sell execution.