4/A: DiamondRock Hospitality Executive Corrects Stock Transaction Report

Troy Furbay, EVP & Chief Investment Officer of DiamondRock Hospitality, files an amended Form 4 to correct the number of shares disposed of due to a miscalculation of taxes withheld.

Summary

• Troy Furbay, EVP & Chief Investment Officer of DiamondRock Hospitality Co, filed an amended Form 4 on February 29, 2024, to correct a previous filing from the same date.
• The amendment addresses an error in the number of shares disposed of on February 27, 2024, due to a miscalculation of taxes withheld.
• The corrected filing shows that Furbay acquired 47,205 shares of common stock for $0 and disposed of 42,154 shares at $9.18.
• Following these transactions, Furbay beneficially owns 573,645 shares of DiamondRock Hospitality Co.
• The original filing reported an incorrect number of shares disposed of.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects transparency and adherence to regulations.

Negatives

• The original Form 4 filing contained an error in the reported number of shares disposed of.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.

Stakeholder Impact

• The correction of the filing ensures accurate information is available to shareholders and the market.

Key Dates