Hartmeier Michael A. 4
4 · DiamondRock Hospitality Co · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
DiamondRock (DRH) Director Michael Hartmeier Receives 10,753-Share Award
What Happened
- Michael A. Hartmeier, a director of DiamondRock Hospitality Co. (DRH), was granted 10,753 shares of common stock on 2026-05-04. The Form 4 lists the acquisition price as $0.00 because this was an award/compensation grant; a filing footnote states the annual grant is valued at $110,000. The shares are fully vested on grant.
Key Details
- Transaction date: 2026-05-04; Form 4 filed: 2026-05-05 (timely filing).
- Transaction type: Award/Grant (code A); reported acquisition of 10,753 shares at $0.00 per share.
- Reported cash value on Form 4: $0 (award); footnote F1: annual grant valued at $110,000 (implies an approximate per-share value of ~$10.23).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: F1 — "Annual grant of $110,000 of fully vested common stock."
- Filing timeliness: filed the next day, which meets Form 4 timing requirements (not marked late).
Context
- This was a compensation award (fully vested stock) to a board member, not an open-market purchase or sale. Such grants are commonly part of director pay and do not directly indicate the director is buying or selling based on private views of the stock.
- For investors tracking insider activity, outright purchases can be stronger signals than routine compensation awards. This filing documents increased insider-held shares due to compensation rather than a market transaction.
Insider Transaction Report
Form 4
Hartmeier Michael A.
Director
Transactions
- Award
Common stock, par value $0.01 per share
[F1]2026-05-04+10,753→ 115,354 total
Footnotes (1)
- [F1]Annual grant of $110,000 of fully vested common stock.
Signature
/s/ Anika C. Fischer, attorney-in-fact|2026-05-05