Insider Simon William S Files to Sell DRI Shares
| Field | Detail |
|---|---|
| Company | Simon William S |
| Form Type | 144 |
| Filed Date | Mar 23, 2026 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | bearish |
Complexity: simple
Sentiment: bearish
Topics: insider-sell, form-144, darden-restaurants
Related Tickers: DRI
TL;DR
**Insider Simon William S is selling Darden Restaurants (DRI) shares.**
AI Summary
Simon William S, a reporting person, has filed a Form 144 indicating a proposed sale of securities in Darden Restaurants Inc. (DRI). This filing, dated March 23, 2026, signals an insider's intent to sell shares, which could be interpreted by investors as a lack of confidence or a move to diversify personal holdings. For shareholders, this matters because significant insider selling can sometimes precede a decline in stock price, suggesting that those with the most intimate knowledge of the company may believe the stock is fully valued or overvalued.
Why It Matters
This filing indicates an insider's intent to sell shares, which can signal to the market that a key individual believes the stock may be fully valued or that they are diversifying their personal portfolio.
Risk Assessment
Risk Level: medium — Insider selling can sometimes precede a stock price decline, but the impact depends on the size of the sale and the insider's role.
Analyst Insight
Investors should monitor the actual sale of shares by Simon William S and consider if this insider selling aligns with their own valuation of Darden Restaurants (DRI) or if it signals potential headwinds for the stock.
Key Players & Entities
- Simon William S (person) — Reporting person proposing to sell securities
- Darden Restaurants Inc. (company) — Subject company whose securities are being sold
- March 23, 2026 (date) — Filing date of the Form 144
FAQ
Who is proposing to sell securities according to this Form 144?
Simon William S (CIK: 0001349347) is the reporting person proposing to sell securities.
Which company's securities are involved in this proposed sale?
The securities involved are from Darden Restaurants Inc. (CIK: 0000940944).
What is the filing date of this Form 144?
The filing date for this Form 144 is March 23, 2026.
Filing Stats: 591 words · 2 min read · ~2 pages · Grade level 15.8 · Accepted 2026-03-23 16:49:48
Filing Documents
- primary_doc.html (144)
- primary_doc.xml (144) — 4KB
- 0001950047-26-002925.txt ( ) — 5KB
From the Filing
Form 144 Filer Information UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 FORM 144 144: Filer Information Is this a LIVE or TEST Filing? LIVE TEST Submission Contact Information Name Phone E-Mail Address 144: Issuer Information Name of Issuer DARDEN RESTAURANTS, INC. Address of Issuer 1000 Darden Center Drive Orlando FLORIDA 32837 Phone (407) 245-4000 Name of Person for Whose Account the Securities are To Be Sold WILLIAM S. SIMON See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. Relationship to Issuer Director 144: Securities Information Title of the Class of Securities To Be Sold Name and Address of the Broker Number of Shares or Other Units To Be Sold Aggregate Market Value Number of Shares or Other Units Outstanding Approximate Date of Sale Name the Securities Exchange Common Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York � NY � 10004 2333 468081.69 115139249 03/23/2026 NYSE Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor: 144: Securities To Be Sold Title of the Class Date you Acquired Nature of Acquisition Transaction Name of Person from Whom Acquired Is this a Gift? Date Donor Acquired Amount of Securities Acquired Date of Payment Nature of Payment * Common 09/18/2024 Restricted Stock Issuer 1171 09/18/2024 Not Applicable Common 09/17/2025 Restricted Stock Issuer 1162 09/17/2025 Not Applicable * If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid. Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold. 144: Securities Sold During The Past 3 Months Nothing to Report 144: Remarks and Signature Remarks Date of Notice 03/23/2026 ATTENTION: The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. Signature /s/ William S Simon ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)