DiamondRock (NYSE: DRH) legal chief uses shares to cover tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DiamondRock Hospitality senior vice president and general counsel Anika Fischer reported a Form 4 transaction involving a tax-related share disposition. On common stock, she disposed of 2,177 shares at $10.04 per share on February 27, 2026, to cover tax withholding obligations, a non-market sale. After this transaction, she directly owns 34,073 shares of DiamondRock Hospitality common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fischer Anika
Role
SVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock, par value $0.01 per share | 2,177 | $10.04 | $22K |
Holdings After Transaction:
Common stock, par value $0.01 per share — 34,073 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did DiamondRock Hospitality (DRH) report for Anika Fischer?
DiamondRock Hospitality reported that SVP and General Counsel Anika Fischer disposed of 2,177 common shares at $10.04 each. The Form 4 shows this as a tax-withholding disposition, meaning shares were withheld to satisfy tax obligations rather than sold in an open-market transaction.
Was the DiamondRock Hospitality (DRH) insider transaction an open-market sale?
No, the transaction was coded “F,” indicating a tax-withholding disposition, not an open-market sale. Shares were used to cover exercise price or tax liability, so this does not represent a discretionary buy-or-sell decision in the open market by the insider.
What does transaction code “F” mean in the DiamondRock Hospitality (DRH) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, DiamondRock Hospitality’s Form 4 shows shares were withheld from SVP and General Counsel Anika Fischer to cover tax obligations, not sold as an open-market investment decision.