DiamondRock (NYSE: DRH) director granted $110,000 in stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DiamondRock Hospitality director Tabassum Zalotrawala received an annual equity award in the form of fully vested deferred stock units. She acquired 10,753 common shares at no cash cost, representing a grant valued at $110,000. Following this compensation grant, her direct holdings total 71,055 shares of DiamondRock common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zalotrawala Tabassum
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 — 71,055 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 10,753 shares
Grant value: $110,000
Holdings after grant: 71,055 shares
+1 more
4 metrics
Shares granted
10,753 shares
Fully vested deferred stock units granted on 2026-05-04
Grant value
$110,000
Annual grant of fully vested deferred stock units
Holdings after grant
71,055 shares
Total direct holdings following the transaction
Transaction price per share
$0.00 per share
Equity compensation, not an open-market purchase
Key Terms
deferred stock units, fully vested, grant, award, or other acquisition
3 terms
deferred stock units financial
"Annual grant of $110,000 of fully vested deferred stock units."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
fully vested financial
"Annual grant of $110,000 of fully vested deferred stock units."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did DiamondRock Hospitality (DRH) report in this Form 4 for Tabassum Zalotrawala?
DiamondRock Hospitality reported that director Tabassum Zalotrawala received a grant of 10,753 fully vested deferred stock units. This equity award is compensation, not an open-market purchase, and increases her direct holdings to 71,055 shares of DiamondRock common stock.
What is the value of the stock award reported for DiamondRock (DRH) director Tabassum Zalotrawala?
The footnotes state this was an annual grant valued at $110,000 of fully vested deferred stock units. This value reflects equity-based compensation granted to the director, rather than cash compensation or a market transaction involving the purchase or sale of existing shares.
What are Tabassum Zalotrawala’s total DiamondRock (DRH) holdings after this Form 4 transaction?
After receiving the 10,753-share grant, Tabassum Zalotrawala’s direct holdings total 71,055 shares of DiamondRock common stock. This figure, reported in the filing, shows her ownership position immediately following the compensation award, providing context for the scale of the grant relative to her holdings.
Was the DiamondRock (DRH) Form 4 transaction an open-market trade or a compensation grant?
The Form 4 describes the transaction as a grant or award acquisition, not an open-market trade. Footnotes clarify it is an annual grant of fully vested deferred stock units, indicating standard director equity compensation rather than a discretionary buy or sell in the market.