Director at DiamondRock (NYSE: DRH) receives $110K stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Merrill Kathleen reported acquisition or exercise transactions in this Form 4 filing.
DiamondRock Hospitality director Kathleen Merrill received an equity award rather than buying shares on the market. She was granted 10,753 shares of common stock on an annual basis, described as an annual grant of $110,000 of fully vested common stock. No price was paid per share, indicating this was compensation.
After the grant, Merrill directly holds 104,335 shares of DiamondRock Hospitality common stock. This Form 4 reflects routine director compensation in stock and does not show any open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Merrill Kathleen
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 — 104,335 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 10,753 shares
Grant value: $110,000
Shares held after: 104,335 shares
+1 more
4 metrics
Shares granted
10,753 shares
Annual stock grant to director on 2026-05-04
Grant value
$110,000
Annual grant of fully vested common stock
Shares held after
104,335 shares
Director’s direct holdings following the grant
Transaction price
$0.00 per share
Reported price for the granted shares
Key Terms
fully vested common stock, Form 4, grant, award, or other acquisition
3 terms
fully vested common stock financial
"Annual grant of $110,000 of fully vested common stock."
Form 4 regulatory
"This Form 4 reflects routine director compensation in stock."
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did DiamondRock Hospitality (DRH) director Kathleen Merrill report?
Kathleen Merrill reported receiving an annual equity award of 10,753 shares of DiamondRock Hospitality common stock. The footnote describes this as an annual grant valued at $110,000 of fully vested shares, reflecting stock-based director compensation rather than an open-market trade.
Was Kathleen Merrill’s DiamondRock (DRH) stock grant an open-market purchase?
No. The filing shows a Form 4 code A transaction, meaning a grant, award, or other acquisition. The 10,753 shares were granted as an annual $110,000 fully vested stock award, with a reported transaction price of $0.00 per share, so no cash purchase occurred.
What does the $110,000 annual grant mean for DiamondRock (DRH) governance?
The $110,000 fully vested stock grant is part of Kathleen Merrill’s annual director compensation at DiamondRock. Paying directors in stock aligns their interests with shareholders by tying part of their pay to company performance, but this filing alone does not indicate any change in governance policies.
Does this DiamondRock Hospitality (DRH) Form 4 indicate any insider selling?
No insider selling is reported in this Form 4. The single transaction is coded A, reflecting a grant or award. Merrill acquired 10,753 fully vested shares as compensation, and the transaction summary shows no sales, exercises, gifts, or tax-withholding dispositions in this disclosure.