Form 4: DiamondRock Hospitality Co: Officer Quinn Briony R. Reports Stock Transaction
SEC Form 4 Filing
Briony R. Quinn, a Senior Vice President & Treasurer at DiamondRock Hospitality Co, reported a disposition of common stock to cover tax obligations.
Summary
- On February 27, 2024, Briony R. Quinn, a Senior Vice President & Treasurer at DiamondRock Hospitality Co, disposed of 12,090 shares of common stock.
- The transaction was executed at a price of $9.18 per share.
- Following the transaction, Quinn directly owns 221,825 shares of DiamondRock Hospitality Co.
- The transaction was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock transaction, which is neither inherently positive nor negative.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company officers.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares by an officer for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of stock transaction (disposition of shares) |
| 02/29/2024 | Date of signature for the Form 4 filing |
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