What price per share was used for the DHIL tax-withholding disposition?

The tax-withholding disposition used a price of $172.10 per share for the 2,809 common shares. This price is used solely for tax and reporting purposes related to the restricted stock vesting, rather than representing a negotiated open-market sale transaction.

Diamond Hill (DHIL) CEO logs 2,809-share tax withholding on vesting stock

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Diamond Hill Investment Group CEO Heather E. Brilliant reported a routine tax-related share disposition. On a restricted stock award vesting, 2,809 common shares were withheld at $172.10 per share to cover taxes, rather than sold in the open market. After this withholding, she directly holds 66,680 common shares and indirectly holds 473 common shares through a 401K account.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider BRILLIANT HEATHER E

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common	2,809	$172.10	$483K
holding	Common	--	--	--

Holdings After Transaction: Common — 66,680 shares (Direct); Common — 473 shares (Indirect, By 401K)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 2,809 shares Tax withholding price: $172.10 per share Direct holdings after transaction: 66,680 shares +1 more

4 metrics

Shares withheld for taxes 2,809 shares Withheld on restricted stock vesting April 1, 2026

Tax withholding price $172.10 per share Value used for 2,809-share tax-withholding disposition

Direct holdings after transaction 66,680 shares DHIL common shares held directly by CEO after withholding

Indirect 401K holdings 473 shares DHIL common shares held indirectly via 401K after update

Key Terms

restricted stock award, tax-withholding disposition, 401K, Form 4

4 terms

restricted stock award financial

"shares of restricted stock award that vested on April 1, 2026"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

401K financial

"nature_of_ownership": "By 401K""

An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

04/06/2026 - 10:41 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BRILLIANT HEATHER E

(Last)

(First)

(Middle)

325 JOHN H. MCCONNELL BLVD.

SUITE 200

(Street)

COLUMBUS

OHIO

43215

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DIAMOND HILL INVESTMENT GROUP INC [ DHIL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common⁽¹⁾	04/01/2026		F		2,809	D	$172.1	66,680	D
Common								473	I	By 401K

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares withheld to pay taxes associated with shares of restricted stock award that vested on April 1, 2026.

	Carlotta D. King by POA	04/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did DHIL CEO Heather Brilliant report on this Form 4?

Heather E. Brilliant reported a tax-withholding disposition of 2,809 Diamond Hill common shares. These shares were withheld to pay taxes owed on a restricted stock award that vested on April 1, 2026, rather than being sold in the open market.

Was the DHIL CEO’s Form 4 transaction an open-market sale of shares?

No, the reported transaction was not an open-market sale. The 2,809 shares were withheld by the company to cover tax liabilities from a vesting restricted stock award, a common administrative mechanism that does not reflect a discretionary decision to sell shares in the market.

How many Diamond Hill (DHIL) shares does the CEO hold after this transaction?

Following the tax withholding, Heather E. Brilliant directly holds 66,680 shares of Diamond Hill common stock. In addition, she indirectly holds 473 shares through a 401K account, providing a combined view of her reported equity exposure after the vesting event.

What triggered the tax withholding reported in the DHIL CEO’s Form 4 filing?

The tax withholding was triggered by a restricted stock award that vested on April 1, 2026. When the award vested, 2,809 shares were withheld to satisfy associated tax obligations, which is a standard practice for equity-based compensation vesting events.