Dine Brands (NYSE: DIN) GC receives 10,470-share award, withholds 825 for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dine Brands Global, Inc. senior vice president and general counsel Christine K. Son reported two stock transactions involving company common stock. On February 27, 2026, 825 shares were disposed of through a tax-withholding disposition to cover withholding obligations tied to vesting restricted stock. On the same date, she acquired a grant of 10,470 restricted shares, awarded as compensation for services, which will vest in three equal installments on February 27, 2027, 2028, and 2029. After these transactions, her directly held ownership increased to 63,653 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Son Christine K.
Role
SVP, Legal, GC and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 825 | $30.96 | $26K |
| Grant/Award | Common Stock | 10,470 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 53,183 shares (Direct)
Footnotes (1)
- These shares were withheld by the Issuer to satisfy the withholding obligations of the reporting person with respect to the vesting of shares of restricted stock held by the reporting person. Represents shares of restricted stock that will vest as to one-third of the shares on each of February 27, 2027, 2028 and 2029. Granted as compensation for services.
FAQ
What insider transactions did DIN executive Christine Son report on this Form 4?
Christine K. Son reported a tax-withholding disposition of 825 shares and a grant of 10,470 restricted shares of Dine Brands Global common stock on February 27, 2026, reflecting compensation-related equity activity rather than open-market buying or selling.
Was the DIN insider stock disposition an open-market sale?
No, the 825-share disposition was a tax-withholding transaction. The shares were withheld by Dine Brands Global to satisfy Christine Son’s tax obligations related to vesting restricted stock, not an open-market sale initiated for portfolio or valuation reasons.
What is the vesting schedule for Christine Son’s new DIN restricted stock award?
The 10,470 restricted shares vest in three equal annual installments. One-third of the shares will vest on February 27, 2027, another third on February 27, 2028, and the final third on February 27, 2029, subject to applicable award terms.
What do the Form 4 transaction codes F and A mean for DIN’s insider filing?
Code F indicates shares withheld to pay exercise price or tax liabilities, here used for a tax-withholding disposition of 825 shares. Code A indicates an acquisition via grant or award, referring to Christine Son’s 10,470-share restricted stock compensation grant.