Quinn Briony R. 4
Research Summary
AI-generated summary
DiamondRock (DRH) CFO Briony R. Quinn Withholds 11,096 Shares
What Happened Briony R. Quinn, Chief Financial Officer of DiamondRock Hospitality Co (DRH), had 11,096 shares disposed on 2026-02-27 at $10.04 per share for a total of approximately $111,404. The Form 4 lists the transaction as code "F" — payment of exercise price or tax liability — meaning shares were surrendered/withheld to cover tax obligations rather than sold in an open-market trade.
Key Details
- Transaction date: 2026-02-27
- Price per share: $10.04; Shares involved: 11,096; Total value: ~$111,404
- Transaction code: F (payment of exercise price or tax liability / shares withheld for taxes)
- Shares owned after transaction: Not specified in the provided filing excerpt
- Filing date: 2026-03-02 (appears to be filed timely)
- No 10b5-1 plan or other footnotes provided in the summary excerpt
Context Code F transactions are typically administrative: shares from vested awards or option exercises are withheld to cover taxes (a cashless/net settlement), so they do not necessarily signal a deliberate open-market sale by the insider. Purchases or open-market sales can be more informative about an insider’s sentiment; tax-withholding disposals are common after equity awards.