Zalotrawala Tabassum 4

What Happened Tabassum Zalotrawala, a director of DiamondRock Hospitality Co. (DRH), was granted 10,753 shares via an award of fully vested deferred stock units on 2026-05-04. The Form 4 reports the acquisition at $0.00 per share (award), with a footnote stating the grant is the annual award valued at $110,000 (implied ≈ $10.23 per share). This was a compensation award (neither a purchase nor a sale).

Key Details

• Transaction date: 2026-05-04; Form 4 filed: 2026-05-05 (appears timely).
• Transaction type/code: Award/Grant (A); reported price per share: $0.00.
• Shares acquired: 10,753 deferred stock units; stated total value: $110,000 (footnote).
• Shares owned after transaction: Not disclosed in the Form 4.
• Footnote: Annual grant of $110,000 of fully vested deferred stock units.

Context Deferred stock units are a form of compensation that typically convert to shares or cash under the company's deferred compensation rules; because these units were fully vested on grant, they reflect compensation recognition rather than an open-market purchase or sale. Such awards are routine for directors and do not by themselves indicate bullish or bearish trading intent.