DiamondRock Hospitality director Kathleen Merrill sold 20,000 shares of common stock in an open-market transaction on June 12, 2026, according to an SEC filing. The sale, valued at $237,600 based on a reported price of $11.88 per share, reduced her direct holdings by 19% to 84,335 shares worth approximately $1.01 million. This marks Merrill's first sale in seven years of reporting, and she retains a direct stake of over $1 million. DiamondRock Hospitality's stock has risen about 61% over the past year, supported by resilient demand and portfolio reshaping, with first-quarter comparable RevPAR up 2%, adjusted EBITDA rising 8% to $60.6 million, and adjusted FFO per diluted share climbing nearly 16% to $0.22. Management raised full-year adjusted FFO guidance to $1.12 to $1.18 per share and recently agreed to sell a New York property for $33 million as part of its capital recycling strategy.
Diamondrock Hospitality CompanyDirector sold 20,000 shares, but retains large stake; stock up 61% over past year with strong fundamentals.