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DiamondRock Hospitality (DRH) COO reports grant and tax share disposal

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

Rhea-AI Filing Summary

DiamondRock Hospitality Company’s President & COO, Leonard Justin L., reported equity compensation activity involving company common stock. On February 27, 2026, he had 15,858 shares of common stock disposed of in a tax-withholding transaction at $10.04 per share, related to equity compensation.

On the same date, he acquired 59,240 shares of common stock through a grant or award at $0.00 per share, increasing his directly held stake to 213,887 shares. A footnote explains that these shares were earned from previously granted performance stock units, and he elected to defer receipt of all such shares under DiamondRock’s deferred compensation plan.

Positive

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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*
Leonard Justin L.

(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)
President & COO
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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 02/27/2026 F 15,858 D $10.04 154,647 D
Common stock, par value $0.01 per share 02/27/2026 A 59,240(1) A $0 213,887 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 shares of common stock earned for performance stock units previously granted to the reporting person. The reporting person elected to defer receipt of all such shares pursuant to the DiamondRock Hospitality Company deferred compensation plan.
Remarks:
/s/ Anika C. Fischer, attorney-in-fact 03/02/2026
** 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 DiamondRock Hospitality (DRH) report for Leonard Justin L.?

DiamondRock Hospitality reported that President & COO Leonard Justin L. had 15,858 shares withheld for taxes and received a 59,240-share stock grant. Both transactions involved common stock and occurred on February 27, 2026, affecting his directly held share balance.

Did the DiamondRock Hospitality (DRH) insider transaction involve open-market buying or selling?

The transactions did not reflect open-market buying or selling. One was a tax-withholding disposition of 15,858 shares, and the other was a 59,240-share grant or award. These actions were tied to equity compensation rather than discretionary market trades.

How many DiamondRock Hospitality (DRH) shares does Leonard Justin L. hold after the reported Form 4?

After the reported transactions, Leonard Justin L. directly holds 213,887 shares of DiamondRock Hospitality common stock. This total reflects the net effect of a 15,858-share tax-withholding disposition and a 59,240-share equity grant reported for February 27, 2026.

What does the tax-withholding disposition mean in the DiamondRock Hospitality (DRH) Form 4?

The tax-withholding disposition reflects 15,858 shares used to cover tax liabilities from equity compensation, at $10.04 per share. This is coded as a tax-related disposition, not an open-market sale, and is a common mechanism for settling taxes on stock-based awards.

What is the significance of the 59,240-share grant reported by DiamondRock Hospitality (DRH)?

The 59,240-share grant represents common stock earned from previously granted performance stock units. Leonard Justin L. acquired these shares at $0.00 per share and elected to defer receipt of all such shares under DiamondRock Hospitality’s deferred compensation plan, according to the filing footnote.

How are performance stock units treated in the DiamondRock Hospitality (DRH) insider filing?

The filing notes that performance stock units previously granted to Leonard Justin L. were earned and converted into common stock. He elected to defer receipt of all such shares under DiamondRock Hospitality’s deferred compensation plan, indicating these awards follow a structured deferral arrangement.
Diamondrock Hospitality Co

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