Last updated: 29 January 2024 at 5:01pm EST

Charles Sonsteby Net Worth




The estimated Net Worth of Charles M Sonsteby is at least $7.19 Million dollars as of 14 November 2023. Mr. Sonsteby owns over 4,500 units of Darden Restaurants stock worth over $2,587,841 and over the last 21 years he sold DRI stock worth over $4,271,629. In addition, he makes $331,235 as Independent Chairman of the Board at Darden Restaurants.

Mr. Sonsteby DRI stock SEC Form 4 insiders trading

Charles has made over 27 trades of the Darden Restaurants stock since 2003, according to the Form 4 filled with the SEC. Most recently he bought 4,500 units of DRI stock worth $154,485 on 14 November 2023.

The largest trade he's ever made was exercising 185,566 units of Darden Restaurants stock on 17 March 2016 worth over $1,195,045. On average, Charles trades about 6,813 units every 68 days since 2003. As of 14 November 2023 he still owns at least 16,437 units of Darden Restaurants stock.

You can see the complete history of Mr. Sonsteby stock trades at the bottom of the page.





Charles Sonsteby biography

Charles M. Sonsteby serves as Independent Chairman of the Board of the Company. Mr. Sonsteby is the retired Vice Chairman of The Michaels Companies, Inc., the largest arts and crafts specialty retailer in North America and parent company of Michaels Stores, Inc., a role he held from June 2016 until his retirement in October 2017. He had served as CFO and Chief Administrative Officer of that company and its predecessor from 2010 to 2016. Prior to that, Mr. Sonsteby served as the CFO and Executive Vice President of Brinker International, Inc., a casual dining restaurant company, from 2001 to 2010. He joined Brinker in 1990 as Director of the Tax, Treasury and Risk Management departments and thereafter served in various capacities, including as Senior Vice President of Finance from 1997 to 2001 and as Vice President and Treasurer from 1994 to 1997.

What is the salary of Charles Sonsteby?

As the Independent Chairman of the Board of Darden Restaurants, the total compensation of Charles Sonsteby at Darden Restaurants is $331,235. There are 11 executives at Darden Restaurants getting paid more, with Eugene Lee having the highest compensation of $8,688,710.



How old is Charles Sonsteby?

Charles Sonsteby is 66, he's been the Independent Chairman of the Board of Darden Restaurants since 2016. There are 1 older and 21 younger executives at Darden Restaurants. The oldest executive at Darden Restaurants, Inc. is Nana Mensah, 68, who is the Independent Director.

What's Charles Sonsteby's mailing address?

Charles's mailing address filed with the SEC is 100 VALVOLINE WAY, SUITE 100, LEXINGTON, KY, 40509.

Insiders trading at Darden Restaurants

Over the last 22 years, insiders at Darden Restaurants have traded over $695,366,627 worth of Darden Restaurants stock and bought 141,233 units worth $8,774,171 . The most active insiders traders include Peter A Feld, Jeffrey C Smith, and Eugene I Jr Lee. On average, Darden Restaurants executives and independent directors trade stock every 18 days with the average trade being worth of $5,542,360. The most recent stock trade was executed by Laura B Williamson on 29 July 2024, trading 1,414 units of DRI stock currently worth $222,620.



What does Darden Restaurants do?

darden is a restaurant company featuring a portfolio of differentiated brands that include olive garden, longhorn steakhouse, cheddar's scratch kitchen, yard house, the capital grille, seasons 52, bahama breeze and eddie v's. our people equal our success, and we are proud to employ 165,000 team members in more than 1,600 restaurants. together, we create memorable experiences for 380 million guests each year in communities across north america.



What does Darden Restaurants's logo look like?

Darden Restaurants, Inc. logo

Complete history of Mr. Sonsteby stock trades at Michaels Companies Inc, Brinker International, Darden Restaurants, and Valvoline Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
14 Nov 2023 Charles M Sonsteby
Director
Buy 4,500 $34.33 $154,485
14 Nov 2023
16,437
28 Sep 2016 Charles M Sonsteby
Director
Buy 7,000 $22.00 $154,000
28 Sep 2016
7,000
28 Sep 2016 Charles M Sonsteby
Director
Buy 7,000 $22.00 $154,000
28 Sep 2016
7,000
1 Oct 2021 Charles M Sonsteby
Director
Option 3,123 $49.51 $154,620
1 Oct 2021
25,365
23 Apr 2020 Charles M Sonsteby
Director
Buy 12,820 $58.50 $749,970
23 Apr 2020
22,242
31 Dec 2019 Charles M Sonsteby
Director
Buy 1,500 $108.74 $163,110
31 Dec 2019
9,422
5 Jan 2019 Charles M Sonsteby
Director
Option 1,922 $101.40 $194,891
5 Jan 2019
7,922
7 Oct 2015 Charles M Sonsteby
Director
Buy 500 $66.41 $33,205
7 Oct 2015
6,000
25 Sep 2015 Charles M Sonsteby
Director
Buy 2,000 $71.23 $142,460
25 Sep 2015
5,500
28 Mar 2017 Charles M Sonsteby
See Remarks
Option 80,566 $6.55 $527,707
28 Mar 2017
137,310
9 Mar 2017 Charles M Sonsteby
See Remarks
Sale 38,754 $22.12 $857,238
9 Mar 2017
56,744
17 Mar 2016 Charles M Sonsteby
See Remarks
Option 185,566 $6.44 $1,195,045
17 Mar 2016
287,083
1 Jun 2015 Charles M Sonsteby
See Remarks
Option 71,900 $6.23 $447,937
1 Jun 2015
174,194
28 May 2015 Charles M Sonsteby
See Remarks
Option 5,300 $6.23 $33,019
28 May 2015
111,294
23 Apr 2015 Charles M Sonsteby
See Remarks
Option 87,800 $6.28 $551,384
23 Apr 2015
119,294
2 Jul 2014 Charles M Sonsteby
See Remarks
Buy 10,000 $17.00 $170,000
2 Jul 2014
91,003
21 Aug 2009 Charles M Sonsteby
Executive VP and CFO
Sale 42,773 $14.40 $615,931
21 Aug 2009
62,808
3 Sep 2008 Charles M Sonsteby
Executive VP and CFO
Sale 6,158 $19.63 $120,882
3 Sep 2008
106,724
18 Aug 2008 Charles M Sonsteby
Executive VP and CFO
Sale 35,595 $20.20 $719,019
18 Aug 2008
113,799
22 Feb 2007 Charles M Sonsteby
Executive VP and CFO
Option 60,000 $20.45 $1,227,000
22 Feb 2007
161,069
10 Nov 2006 Charles M Sonsteby
Executive VP and CFO
Sale 27,902 $46.36 $1,293,537
10 Nov 2006
70,742
20 Mar 2006 Charles M Sonsteby
Executive VP and CFO
Option 25,237 $27.37 $690,737
20 Mar 2006
103,472
15 Nov 2005 Charles M Sonsteby
Executive VP and CFO
Sale 2,996 $38.05 $113,998
15 Nov 2005
95,872
17 Aug 2005 Charles M Sonsteby
Executive VP and CFO
Option 7,348 $27.42 $201,482
17 Aug 2005
96,615
10 Jun 2005 Charles M Sonsteby
Executive VP and CFO
Sale 8,214 $40.97 $336,528
10 Jun 2005
9,267
15 Nov 2004 Charles M Sonsteby
Executive VP and CFO
Sale 4,125 $34.96 $144,210
15 Nov 2004
17,481
12 Sep 2003 Charles M Sonsteby
Executive VP and CFO
Sale 2,063 $34.07 $70,286
12 Sep 2003
18,799


Darden Restaurants executives and stock owners

Darden Restaurants executives and other stock owners filed with the SEC include: