Diamond Hill Investment Group (DHIL) CFO logs routine tax share withholding
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
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)
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Key Figures
Tax-withheld shares: 664 shares
Withholding price: $172.10 per share
Direct holdings after transaction: 13,444 shares
+1 more
4 metrics
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
Key Terms
restricted stock award, tax-withholding disposition, Form 4, 401K
4 terms
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.
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.