DiamondRock (NYSE: DRH) President & COO receives 89,069 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leonard Justin L. reported acquisition or exercise transactions in this Form 4 filing.
DiamondRock Hospitality President & COO Justin L. Leonard reported an equity award of 89,069 shares of common stock at a stated price of $0.00 per share. This represents an annual grant of restricted common shares, with one third scheduled to vest each year beginning on February 27, 2027. Following this award, his directly owned holdings total 302,956 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Leonard Justin L.
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 89,069 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 302,956 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did DiamondRock Hospitality (DRH) report in this Form 4?
DiamondRock Hospitality reported that President & COO Justin L. Leonard received an annual grant of 89,069 restricted common shares. The award was recorded at a price of $0.00 per share, increasing his direct holdings to 302,956 common shares after the transaction.
Who is the insider in the latest DiamondRock Hospitality (DRH) Form 4 filing?
The insider is Justin L. Leonard, President & COO of DiamondRock Hospitality. He reported acquiring 89,069 restricted common shares as an equity award, bringing his directly held ownership to 302,956 shares of the company’s common stock after this transaction.
What is the vesting schedule for the DiamondRock Hospitality (DRH) restricted stock grant?
The 89,069 restricted common shares granted to Justin L. Leonard vest in three equal installments. According to the disclosure, one third of the restricted stock will vest annually, with vesting beginning on February 27, 2027 and continuing in subsequent years.