Diamond Hill Investment (DHIL) logs insider tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Diamond Hill Investment Group executive Jo Ann Quinif, President of DHCM, reported a routine tax-related share disposition. On April 1, 2026, 2,080 shares of common stock were withheld at $172.10 per share to cover taxes on a restricted stock award that vested that day.
Following this withholding, Quinif directly owns 45,111 common shares and indirectly holds 816 shares through a 401K plan. The filing reflects compensation-related tax withholding rather than an open‑market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Quinif Jo Ann
Role
President of DHCM
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common | 2,080 | $172.10 | $358K |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 45,111 shares (Direct);
Common — 816 shares (Indirect, By 401K)
Footnotes (1)
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Key Figures
Tax-withheld shares: 2,080 shares
Withholding price: $172.10 per share
Direct holdings after transaction: 45,111 shares
+1 more
4 metrics
Tax-withheld shares
2,080 shares
Common stock withheld for taxes on April 1, 2026
Withholding price
$172.10 per share
Price used for tax-withholding disposition
Direct holdings after transaction
45,111 shares
Direct common shares owned following tax withholding
Indirect 401K holdings
816 shares
Common shares held indirectly via 401K after transaction
Key Terms
restricted stock award, withheld to pay taxes, tax-withholding disposition, 401K
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.
withheld to pay taxes financial
"Represents shares withheld to pay taxes associated with shares"
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.
FAQ
What insider transaction did DHIL executive Jo Ann Quinif report on this Form 4?
Jo Ann Quinif reported a tax-related disposition where 2,080 Diamond Hill common shares were withheld. The shares covered taxes on a restricted stock award that vested on April 1, 2026, rather than being sold in the open market.
Was the DIAMOND HILL insider transaction a sale in the open market?
No. The transaction is described as shares withheld to pay taxes on a restricted stock award. The Form 4 uses a tax-withholding disposition code, indicating a compensation-related event rather than an open-market purchase or sale initiated by the insider.