Quinif Jo Ann 4

What Happened Jo Ann Quinif, President of DHCM and an insider at Diamond Hill Investment Group, disposed of a total of 45,927 shares on April 22, 2026. The dispositions were made to the issuer at $175.00 per share — 45,111 shares ($7,894,425) and 816 shares ($142,800) — for combined proceeds of $8,037,225. These were dispositions in connection with the company’s acquisition, not routine open‑market sales.

Key Details

• Transaction date: April 22, 2026; Price: $175.00 per share.
• Shares disposed: 45,111 and 816 (total 45,927); Proceeds: $7,894,425 and $142,800 (total $8,037,225).
• Filing notes: The company was acquired by First Eagle Investment Management, LLC under a merger agreement (see footnotes F1–F2).
• Effect on holdings: Per the filing, each issued and outstanding common share (and outstanding restricted stock) was canceled and converted into the right to receive $175.00 in cash — effectively canceling those shares under the merger terms.
• Timeliness: The Form 4 reports the transaction and merger consummation date as April 22, 2026; no late filing is indicated in the report.

Context This was a cash-out disposition resulting from a corporate merger (each share converted into $175 cash). That kind of disposition reflects the merger payout mechanics rather than an insider signaling a view on the company’s future performance through a voluntary market sale.