Spierto Steve 4

What Happened

• Steve Spierto, Chief Accounting Officer of DiamondRock Hospitality Co (DRH), had 5,380 shares disposed on February 27, 2026 as a payment to cover an exercise price or tax liability. The shares were recorded at $10.04 each, for a total value of approximately $54,015. This transaction is a share withholding/disposition (code F), a routine tax- or exercise-related action rather than an open-market sale.

Key Details

• Transaction date: 2026-02-27; Filing date: 2026-03-02 (filed within the SEC two-business-day window).
• Price per share: $10.04; Total value: ~$54,015.
• Transaction type/code: F — payment of exercise price or tax liability by delivering or withholding shares.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Notable: This appears to be a withholding to satisfy tax or exercise obligations (common after grants or option exercises), not necessarily a directional bet on the stock.

Context

• Code F transactions usually mean shares were withheld to satisfy taxes or the exercise cost tied to a prior award or option exercise. These are routine and often part of compensation settlement (a cashless/withholding mechanism) rather than a discretionary sale by the insider. Retail investors should view this as administrative rather than a clear signal of insider sentiment.