STOCK TITAN

DiamondRock (NYSE: DRH) SVP awarded 35,425 shares and sells 4,000

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

DiamondRock Hospitality senior vice president and chief accounting officer Steve Spierto reported two stock transactions. He received a grant of 35,425 restricted common shares at no cost, with one third vesting annually beginning on February 27, 2027. On the same date, he sold 4,000 common shares at $9.93 per share in an open-market transaction and now directly holds 77,977 common shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Spierto Steve

(Last) (First) (Middle)
C/O DIAMONDROCK HOSPITALITY COMPANY
7373 WISCONSIN AVENUE, SUITE 1900

(Street)
BETHESDA MD 20814

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DiamondRock Hospitality Co [ DRH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common stock, par value $0.01 per share 03/03/2026 A 35,425(1) A $0 81,977 D
Common stock, par value $0.01 per share 03/03/2026 S 4,000 D $9.93 77,977 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents annual grant of restricted common shares. One third of the restricted stock will vest annually beginning on February 27, 2027.
Remarks:
/s/ Stephen M. Spierto 03/04/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did DRH executive Steve Spierto report on this Form 4?

Steve Spierto reported receiving 35,425 restricted common shares as an equity grant and selling 4,000 common shares at $9.93 per share. Both transactions involve DiamondRock Hospitality common stock and occurred on March 3, 2026, according to the Form 4 details.

How many DiamondRock Hospitality (DRH) shares does Steve Spierto now own?

After the reported transactions, Steve Spierto directly owns 77,977 shares of DiamondRock common stock. This reflects the award of 35,425 restricted shares and the sale of 4,000 shares, as shown in the Form 4 ownership column following the transactions.

What are the vesting terms of Steve Spierto’s new DRH restricted stock grant?

The 35,425 restricted common shares represent an annual grant that vests in three equal installments. One third of the restricted stock will vest each year, beginning on February 27, 2027, as specified in the Form 4 footnote accompanying the grant.

Was Steve Spierto’s acquisition of DRH shares a market purchase or an equity award?

The acquisition was an equity award, not a market purchase. The Form 4 lists the transaction code "A" and describes it as a grant or award of 35,425 restricted common shares at a price of $0.00 per share, consistent with stock-based compensation.

What type of sale did Steve Spierto make of his DRH shares and at what price?

Steve Spierto executed an open-market sale of 4,000 DiamondRock common shares. The Form 4 identifies the transaction code "S" and specifies a sale price of $9.93 per share, indicating a standard market or private sale transaction in the company’s stock.
Diamondrock Hospitality Co

NASDAQ:DRH

DRH Rankings

DRH Latest News

DRH Latest SEC Filings

DRH Stock Data

2.04B
200.24M
REIT - Hotel & Motel
Real Estate Investment Trusts
Link
United States
BETHESDA