DiamondRock director sells 20,000 shares
DiamondRock Hospitality director Michael A. Hartmeier reported an open-market sale of common stock.
Rhea-AI Filing Summary
DiamondRock Hospitality director Michael A. Hartmeier reported an open-market sale of common stock. On May 13, 2026, he sold 20,000 shares of DiamondRock Hospitality common stock at $10.46 per share. After this transaction, he directly owns 95,354 shares of the company’s common stock.
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Insights
Director executes a modest open-market sale while retaining a substantial remaining stake.
Director Michael A. Hartmeier executed an open-market sale of 20,000 shares of DiamondRock Hospitality common stock at $10.46 per share. The transaction is categorized as a non-derivative sale, meaning it involved existing common shares rather than options or other derivatives.
Following the sale, Hartmeier continues to hold 95,354 shares directly. The filing shows no related derivative exercises or tax-withholding entries, and there are no disclosed Rule 10b5-1 trading plan footnotes in this data. Overall, this appears to be a routine liquidity transaction rather than a transformational change in insider ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock, par value $0.01 per share | 20,000 | $10.46 | $209K |
Key Figures
Key Terms
open-market sale financial
Form 4 regulatory
FAQ
What insider transaction did DiamondRock Hospitality (DRH) report for Michael A. Hartmeier?
Was the DiamondRock Hospitality (DRH) insider trade by Michael A. Hartmeier an open-market sale?
Did the DiamondRock Hospitality (DRH) Form 4 for Michael A. Hartmeier involve any derivative securities?
How many insider sell transactions were reported for Michael A. Hartmeier in this DiamondRock Hospitality (DRH) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.