DIAMOND HILL INVESTMENT GROUP INC·4

Apr 22, 4:40 PM ET

Meyer Paula R 4

Research Summary

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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.