STOCK TITAN

Diamond Hill Investment (DHIL) logs insider tax share withholding

Filing Impact
(High)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
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.
SEC Form 4
FORM 4UNITED 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*
Quinif Jo Ann

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President of DHCM
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common(1)04/01/2026F2,080D$172.145,111D
Common816IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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 POA04/06/2026
** Signature of Reporting PersonDate
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)

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.

How many DIAMOND HILL (DHIL) shares were withheld for taxes in this filing?

The filing shows 2,080 common shares were withheld to satisfy tax obligations. These shares relate to a restricted stock award that vested on April 1, 2026, and represent a non-market tax-withholding transaction rather than a discretionary share sale.

What are Jo Ann Quinif’s direct Diamond Hill share holdings after this tax withholding?

After the tax withholding, Jo Ann Quinif directly owns 45,111 Diamond Hill common shares. This post-transaction figure reflects her remaining direct equity position following the 2,080 shares withheld to pay taxes on the vested restricted stock award.

Does Jo Ann Quinif hold any indirect Diamond Hill (DHIL) shares through a retirement plan?

Yes. The Form 4 reports that Quinif indirectly holds 816 Diamond Hill common shares through a 401K plan. This indirect ownership is listed separately from her 45,111 directly held shares, providing a fuller picture of her total reported equity exposure.

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.