DIAMOND HILL INVESTMENT GROUP INC·4

Apr 22, 4:40 PM ET

Meyer Paula R 4

4 · DIAMOND HILL INVESTMENT GROUP INC · Filed Apr 22, 2026

Research Summary

AI-generated summary of this filing

Updated

Diamond Hill (DHIL) Director Paula Meyer Sells 3,763 Shares

What Happened

  • Paula R. Meyer, a director of Diamond Hill Investment Group, disposed of 3,763 shares to the issuer on April 22, 2026 at $175.00 per share, for total cash consideration of $658,525. The disposition was a conversion/cancellation of shares in connection with Diamond Hill’s acquisition by First Eagle Investment Management, LLC.

Key Details

  • Transaction date and price: 2026-04-22, $175.00 per share; total $658,525.
  • Transaction code/type: Disposition to issuer (D) — not an open-market sale but share cancellation for cash under the merger.
  • Shares owned after transaction: 0 (all issued and outstanding common stock and outstanding restricted shares were canceled and converted into the right to receive $175.00 per share per the merger).
  • Relevant footnotes:
    • F1: Company acquired by First Eagle Investment Management, LLC pursuant to Merger Agreement dated Dec 10, 2025.
    • F2: Each outstanding share (including restricted stock) was canceled and converted into the right to receive $175.00 in cash without interest.
  • Filing timeliness: Reported for the transaction date 2026-04-22 and filed the same day — no late filing indicated.

Context

  • This disposition was the result of a corporate merger and represents the cash-out of shares at the agreed merger price, not an individual insider selling shares in the open market. Such merger-driven conversions are routine corporate actions and do not necessarily reflect the insider’s view of the company’s prospects.

Insider Transaction Report

Form 4Exit
Period: 2026-04-22
Transactions
  • Disposition to Issuer

    Common

    [F1][F2]
    2026-04-22$175.00/sh3,763$658,5250 total
Footnotes (2)
  • [F1]On April 22, 2026, the Company was acquired by First Eagle Investment Management, LLC pursuant to that certain Agreement and Plan of Merger, dated as of December 10, 2025 (the "Merger Agreement"), among Diamond Hill Investment Group, Inc., First Eagle Investment Management, LLC, and Soar Christopher Holdings, Inc.
  • [F2]Pursuant to the Merger Agreement, upon the consummation of the merger, each issued and outstanding share of the Company's common stock was canceled and converted into the right to receive $175.00 in cash without interest. In addition, each share of restricted stock that was granted under the Company's 2014 Equity and Cash Incentive Plan, 2022 Equity and Cash Incentive Plan, and 2025 Equity and Cash Incentive Plan that was outstanding immediately prior to the consummation of the merger was canceled and converted into the right to receive $175.00 in cash without interest.
Signature
Carlotta D. King by POA|2026-04-22

Documents

1 file
  • 4
    ownership.xmlPrimary

    FORM 4