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  4. [Form 4] Dine Brands Global, Inc. Insider Trading Activity

Dine Brands (NYSE: DIN) director awarded 19.2420 dividend-equivalent stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Poulter Martha reported acquisition or exercise transactions in this Form 4 filing.

Dine Brands Global, Inc. director Martha Poulter reported an award of 19.2420 restricted stock units in the form of dividend equivalent rights, each economically equivalent to one share of common stock. These rights accrued on existing restricted stock units as dividends were paid and will vest and settle on the same terms as the underlying awards. Following this transaction, Poulter directly holds 3,635.6490 dividend equivalent restricted stock units.

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Insider Poulter Martha
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units (Dividend Equivalent Rights) 19.242 $0.00 --
Holdings After Transaction: Restricted Stock Units (Dividend Equivalent Rights) — 3,635.649 shares (Direct)
Footnotes (1)
  1. Each dividend equivalent right is the economic equivalent of one share of common stock. Represents dividend equivalent rights that accrued on the underlying award of restricted stock units. Dividend equivalent rights accrue when and as dividends are paid on the common stock underlying the applicable restricted stock units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate.
Dividend-equivalent RSUs granted 19.2420 units Grant of dividend equivalent restricted stock units on 2026-07-10
Total dividend-equivalent RSUs after grant 3,635.6490 units Direct holdings of dividend equivalent restricted stock units following the transaction
Transaction price per unit $0.0000 Reported price per dividend equivalent restricted stock unit in the grant
Restricted Stock Units (Dividend Equivalent Rights) financial
"The security titled "Restricted Stock Units (Dividend Equivalent Rights)" was granted."
dividend equivalent rights financial
"Each dividend equivalent right is the economic equivalent of one share of common stock."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
underlying award of restricted stock units financial
"Represents dividend equivalent rights that accrued on the underlying award of restricted stock units."
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Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transaction did Dine Brands Global (DIN) disclose for Martha Poulter?
Dine Brands Global (DIN) disclosed that director Martha Poulter received an award of 19.2420 dividend equivalent restricted stock units. These units are economically equivalent to common shares and accrued on existing restricted stock units as dividends were paid.

How many dividend equivalent restricted stock units does Martha Poulter hold after this DIN Form 4?
After the reported transaction, Martha Poulter directly holds 3,635.6490 dividend equivalent restricted stock units. These units vest, settle, and expire on the same terms as the underlying restricted stock unit awards to which they relate.

What are dividend equivalent rights in Dine Brands Global (DIN) stock units?
Dividend equivalent rights reported by Dine Brands Global (DIN) are economically equivalent to one share of common stock. They accrue on underlying restricted stock units when dividends are paid and vest and settle under the same terms as those underlying units.

Did Martha Poulter buy or sell Dine Brands Global (DIN) shares in the market?
Martha Poulter did not report an open-market buy or sell of DIN shares. The Form 4 shows an acquisition coded as a grant of dividend equivalent restricted stock units, with a transaction price of $0.0000 per unit.

What is the economic effect of the 19.2420 dividend equivalent rights reported by DIN?
The 19.2420 dividend equivalent rights granted to Martha Poulter are each the economic equivalent of one share of Dine Brands common stock. They enhance her equity-linked exposure by tracking dividends on the underlying restricted stock units.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Poulter Martha
(Last)(First)(Middle)
10 WEST WALNUT STREET
5TH FLOOR
(Street)
PASADENA CALIFORNIA 91103
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Dine Brands Global, Inc. [ DIN ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (Dividend Equivalent Rights)(1)07/10/2026A19.242 (2) (2)Common Stock19.242$0.003,635.649D
Explanation of Responses:
1. Each dividend equivalent right is the economic equivalent of one share of common stock.
2. Represents dividend equivalent rights that accrued on the underlying award of restricted stock units. Dividend equivalent rights accrue when and as dividends are paid on the common stock underlying the applicable restricted stock units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate.
/s/ Christine K. Son as attorney-in-fact for Martha C. Poulter07/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR