DiamondRock (NYSE: DRH) CEO gets stock grant and disposes shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DiamondRock Hospitality’s Chief Executive Officer Jeffrey Donnelly reported two stock transactions. On March 3, 2026, he acquired 149,798 shares of common stock at a price of $0.00 per share as a grant or award. According to a footnote, this represents his annual grant of restricted common shares, with one third of the restricted stock vesting annually beginning on February 27, 2027. On March 2, 2026, he disposed of 24,747 shares of common stock at $9.97 per share to cover the exercise price or tax liability by delivering shares. After these transactions, his directly owned common stock holdings reported in the filing were 798,243 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Donnelly Jeffrey
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 149,798 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.01 per share | 24,747 | $9.97 | $247K |
Holdings After Transaction:
Common stock, par value $0.01 per share — 798,243 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did DRH CEO Jeffrey Donnelly report?
Jeffrey Donnelly reported an annual grant of 149,798 restricted common shares and a separate tax-withholding disposition of 24,747 common shares. Both transactions involved DiamondRock Hospitality common stock and were reported as direct ownership changes under a Form 4 filing.
What does the tax-withholding disposition in the DRH Form 4 mean?
The Form 4 reports a disposition of 24,747 common shares at $9.97 per share coded as “F.” This indicates shares were delivered to satisfy an exercise price or tax liability, rather than representing a traditional open‑market sale by the CEO.