Cooley Richard Scott 4
4 · DIAMOND HILL INVESTMENT GROUP INC · Filed Apr 22, 2026
Research Summary
AI-generated summary of this filing
Diamond Hill (DHIL) Director Richard Cooley Sells 13,829 Shares
What Happened
- Richard Cooley, a director of Diamond Hill Investment Group, Inc., had 13,829 shares disposed of to the issuer on April 22, 2026. The shares were converted at $175.00 per share, producing $2,420,075 in cash as part of the transaction. This was a disposition (conversion) related to the company being acquired, not an open-market sale by the insider.
Key Details
- Transaction date and price: April 22, 2026 — 13,829 shares @ $175.00 each.
- Total proceeds: $2,420,075.
- Transaction type: Disposition to issuer (D) — shares canceled/converted in connection with a merger.
- Shares owned after transaction: Not specified in this filing.
- Footnotes: (F1) Diamond Hill was acquired by First Eagle Investment Management, LLC pursuant to a Merger Agreement dated Dec 10, 2025. (F2) Under the Merger Agreement, each outstanding share (including restricted stock) was canceled and converted into the right to receive $175.00 in cash.
- Filing timeliness: Reported with a period of April 22, 2026 and filing date April 22, 2026; no late-filing indicated.
Context
- This disposition reflects the merger closing and mandatory cash-out of shares rather than a discretionary insider sale; it does not by itself signal the insider's view of future performance.
Insider Transaction Report
Form 4Exit
Cooley Richard Scott
Director
Transactions
- Disposition to Issuer
Common
[F1][F2]2026-04-22$175.00/sh−13,829$2,420,075→ 0 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