DIAMOND HILL INVESTMENT GROUP INC·4

Apr 6, 10:42 AM ET

Quinif Jo Ann 4

Research Summary

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Diamond Hill (DHIL) President Jo Ann Quinif Withholds 2,080 Shares for Taxes

What Happened

  • Jo Ann Quinif, President of DHCM (subsidiary of Diamond Hill Investment Group, DHIL), had 2,080 shares withheld to satisfy tax withholding tied to a restricted stock award that vested on Apr 1, 2026. The shares are reported at $172.10 each, a total value of $357,968. This is a tax-withholding disposition (Form 4 code F), not an open-market sale.

Key Details

  • Transaction date: 2026-04-01; reported filing accession date: 2026-04-06.
  • Price per share: $172.10; shares withheld/disposed: 2,080; value: $357,968.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnote: F1 — represents shares withheld to pay taxes associated with restricted stock that vested on April 1, 2026.
  • Timeliness: Filing was submitted on Apr 6, 2026 (5 days after the transaction); Form 4s are typically due within 2 business days, so this appears later than standard reporting timing.

Context

  • This was a tax-withholding event (common when restricted stock vests) rather than a discretionary sale; it does not necessarily signal insider sentiment about the company's stock. Shares were retained/withheld to cover tax obligations rather than sold in an open-market trade.