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Diamond Hill Investment Group (DHIL) CFO logs routine tax share withholding

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Diamond Hill Investment Group’s Chief Financial Officer, Thomas Edward Line, reported a routine tax-related share disposition. On April 1, 2026, 664 shares of common stock were withheld at $172.10 per share to cover taxes tied to a restricted stock award that vested that day. This was not an open-market sale but a tax-withholding mechanism. Following the transaction, he directly holds 13,444 common shares and has an additional 1,294 shares through a 401(k) account.

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Insider Line Thomas Edward
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common 664 $172.10 $114K
holding Common -- -- --
Holdings After Transaction: Common — 13,444 shares (Direct); Common — 1,294 shares (Indirect, By 401K)
Footnotes (1)
  1. [object Object]
Tax-withheld shares 664 shares Shares withheld on April 1, 2026 for tax obligations
Withholding price $172.10 per share Price applied to tax-withholding disposition on April 1, 2026
Direct holdings after transaction 13,444 shares CFO’s direct common stock holdings following tax withholding
Indirect 401K holdings 1,294 shares CFO’s indirect common stock holdings via 401(k) plan
restricted stock award financial
"associated with shares of restricted stock award that vested on April 1, 2026"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 financial
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
401K financial
"nature_of_ownership": "By 401K""
An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Line Thomas Edward

(Last)(First)(Middle)
325 JOHN H. MCCONNELL BLVD.,
SUITE 200

(Street)
COLUMBUS OHIO 43215

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DIAMOND HILL INVESTMENT GROUP INC [ DHIL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common(1)04/01/2026F664D$172.113,444D
Common1,294IBy 401K
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld to pay taxes associated with shares of restricted stock award that vested on April 1, 2026.
Carlotta D. King by POA04/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did DHIL’s CFO report on this Form 4?

Diamond Hill Investment Group’s CFO reported a tax-related share disposition. 664 common shares were withheld on April 1, 2026 to pay taxes on a restricted stock award that vested, rather than being sold on the open market.

How many Diamond Hill Investment Group (DHIL) shares were withheld for taxes?

A total of 664 common shares were withheld to satisfy tax obligations. The withholding occurred at a price of $172.10 per share, tied to the vesting of a restricted stock award on April 1, 2026.

Did the DHIL CFO sell shares on the open market in this filing?

No, the CFO did not execute an open-market sale. The Form 4 shows a tax-withholding disposition, where 664 shares were withheld by the company to cover taxes on a vesting restricted stock award.

How many DHIL shares does the CFO hold after the reported transactions?

After these transactions, the CFO directly holds 13,444 common shares. He also has an indirect holding of 1,294 shares through a 401(k) plan, as disclosed in the Form 4 data.

What price per share was used for the DHIL tax-withholding shares?

The tax-withholding disposition used a price of $172.10 per share. This price applied to the 664 common shares withheld to pay taxes associated with the vesting of a restricted stock award on April 1, 2026.