secwatch.observer — SEC 8-K summary
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Issuer:     DiamondRock Hospitality Co (DRH)
CIK:        0001298946
Form:       8-K
Filed at:   2025-11-20T23:59:59+00:00
Accession:  0001298946-25-000092
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DiamondRock to redeem all 4.76M shares of 8.25% Series A Preferred on Dec 31 for $121.5M
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- Redeems all 4,760,000 shares of 8.250% Series A Cumulative Redeemable Preferred Stock at $25.00 per share plus accrued dividends.
- Total redemption price approximately $121.5 million; funded from cash on hand.
- Board declared quarterly dividend of $0.515625 per share on Series A Preferred, payable Dec 31 to holders of record Dec 19.
- After redemption date (Dec 31, 2025), Series A Preferred will no longer be outstanding; dividends will cease.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1298946/000129894625000092/0001298946-25-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1298946/000129894625000092/drh-20251120.htm
  HTML page:      https://secwatch.observer/filing/0001298946-25-000092

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