DiamondRock Hospitality (DRH) director Merrill sells 20,000 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DiamondRock Hospitality director Kathleen Merrill sold shares in the company. On June 12, 2026, she completed an open-market sale of 20,000 shares of common stock at $11.88 per share. After this transaction, she directly held 84,335 shares of DiamondRock Hospitality common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares ($237,600)
Net Sell
1 txn
Insider
Merrill Kathleen
Role
null
Sold
20,000 shs ($238K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock, par value $0.01 per share | 20,000 | $11.88 | $238K |
Holdings After Transaction:
Common stock, par value $0.01 per share — 84,335 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 20,000 shares
Sale price: $11.88 per share
Shares held after sale: 84,335 shares
+2 more
5 metrics
Shares sold
20,000 shares
Open-market sale on June 12, 2026
Sale price
$11.88 per share
Price for common stock sale
Shares held after sale
84,335 shares
Post-transaction direct ownership
Net shares sold
20,000 shares
Net buy/sell direction reported as net-sell
Sell transactions count
1 transaction
Single open-market sale reported
Key Terms
open-market sale, Common stock, par value $0.01 per share, Form 4, transaction code "S"
4 terms
open-market sale financial
"transaction_action: "open-market sale" for the common stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describing the transaction"
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.
transaction code "S" regulatory
"transaction_code: "S" indicating a sale in open market or private transaction"
FAQ
What insider transaction did DiamondRock Hospitality (DRH) disclose for Kathleen Merrill?
DiamondRock Hospitality reported that director Kathleen Merrill executed an open-market sale of 20,000 shares of common stock. The transaction was disclosed on Form 4 and reflects a routine update to her reported share ownership in the company.
What type of transaction did Kathleen Merrill report in DiamondRock Hospitality (DRH) stock?
The filing describes the transaction as an open-market sale of DiamondRock Hospitality common stock, coded as “S” on Form 4. This indicates a sale executed in the market or a private transaction, rather than an option exercise, gift, or tax-withholding event.
Does the DiamondRock Hospitality (DRH) Form 4 show any derivative security activity?
The Form 4 transaction data show no derivative security transactions for this event. The derivativeSummary is empty and the only reported activity involves non-derivative common stock, indicating no option exercises or other derivative conversions in this filing.