DRH DiamondRock Hospitality Co

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q2 2026: $13M, Q1 2026: $11M, Q3 2025: $5M, Q2 2025: $21M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $13M vs trailing avg $12M (+2%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-133M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 7,787,261 shares = 3.8% of 203,703,182 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

5 open-market purchases by 1 insiders

• Lepori Stephanie () bought 111 shares at $12.08 on 2026-07-14
• Lepori Stephanie () bought 131 shares at $10.17 on 2026-04-14
• Lepori Stephanie () bought 64 shares at $9.45 on 2026-01-14
• Lepori Stephanie () bought 124 shares at $9.16 on 2026-01-14
• Lepori Stephanie () bought 154 shares at $7.51 on 2025-10-14

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 4 quarters and 5 insider purchases by 1 insiders (no calendar overlap, but both independently active)

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $0M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 87.2x more than bought. 1 C-suite officers among sellers

• Spierto Steve (SVP, Chief Accounting Officer) sold 4,000 shares on 2026-03-03