Ricardo Cardenas, CEO of Darden Restaurants, cashed in over 39,000 shares worth $8.2 million via a cashless stock option exercise on July 28, 2026 — still holding more than 86,000 shares. He bought at $124.24 and sold at $209, a savvy move amid mixed brand performance: LongHorn surged 9.5% while Olive Garden lagged. With a $24B valuation and $13B in annual revenue, Darden’s multi-brand strategy targets middle-to-upper income diners — and the real story for investors lies in how its chains perform next.

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