DiamondRock (NYSE: DRH) director awarded $110,000 in company stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hartmeier Michael A. reported acquisition or exercise transactions in this Form 4 filing.
DiamondRock Hospitality director Michael A. Hartmeier received a grant of $110,000 of fully vested common stock as compensation. The award represents 10,753 shares of common stock at no stated purchase price. Following this grant, Hartmeier directly holds 115,354 shares of DiamondRock common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hartmeier Michael A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 10,753 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 115,354 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock grant value: $110,000
Shares granted: 10,753 shares
Shares held after grant: 115,354 shares
+1 more
4 metrics
Stock grant value
$110,000
Annual grant of fully vested common stock
Shares granted
10,753 shares
Common stock award on May 4, 2026
Shares held after grant
115,354 shares
Director’s direct holdings following the award
Grant price per share
$0.00 per share
Equity compensation, not an open-market purchase
Key Terms
fully vested common stock, grant, award, or other acquisition, Form 4, Common stock, par value $0.01 per share
4 terms
fully vested common stock financial
"Annual grant of $110,000 of fully vested common stock."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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.
FAQ
What insider transaction did DiamondRock Hospitality (DRH) disclose?
DiamondRock Hospitality disclosed that director Michael A. Hartmeier received a grant of 10,753 shares of common stock. This award is an annual grant of $110,000 of fully vested stock, increasing his direct holdings to 115,354 shares.
Was the DiamondRock (DRH) director stock transaction an open-market purchase?
No, the transaction was not an open-market purchase. The Form 4 shows a code "A" grant, meaning Hartmeier received 10,753 shares as a stock award at a price of $0.00 per share, rather than buying them in the market.
What is the dollar value of the stock grant to the DiamondRock (DRH) director?
The footnote states the award is an annual grant of $110,000 of fully vested common stock. The grant corresponds to 10,753 shares, indicating the company valued this equity compensation at $110,000 at the time of the award.
Is the DiamondRock (DRH) director’s new stock award subject to vesting?
The filing describes the award as $110,000 of "fully vested" common stock. This means the 10,753 granted shares are not subject to additional vesting conditions and are credited immediately to Hartmeier’s direct ownership.