DiamondRock Hospitality Co·4

May 5, 4:54 PM ET

Hartmeier Michael A. 4

Research Summary

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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.