leadership
confidence high
sentiment neutral
materiality 0.65
Diamond Hill enters executive employment agreement with President Jo Ann Quinif through 2030
DIAMOND HILL INVESTMENT GROUP INC
- Base salary $350K, target annual cash incentive $1.25M, target LTI equity $500K annually.
- One-time $3M cliff vesting restricted stock award on Sept 30, 2025, vesting Sept 30, 2030.
- Term from Sept 19, 2025 to Sept 19, 2030, auto-renewing annually unless 120 days notice.
- Severance: lump sum of one year base salary, prorated target cash incentive, and accelerated LTI vesting for certain terminations.
- Includes customary non-competition, non-solicitation, confidentiality, and non-disparagement covenants.
item 5.02item 9.01