Dine Brands (NYSE: DIN) director receives dividend stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clark Amanda reported acquisition or exercise transactions in this Form 4 filing.
Dine Brands Global, Inc. director Amanda Clark received an automatic grant of restricted stock units tied to dividend payments. The award covers dividend equivalent rights that are economically equal to common shares and accrued on her existing restricted stock units.
Each dividend equivalent right matches one share of common stock and will vest, settle, and expire on the same terms as the underlying restricted stock units. Following this grant, Clark directly holds a total of 3279.9500 restricted stock units, including the newly credited dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Clark Amanda
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Dividend Equivalent Rights) | 23.95 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (Dividend Equivalent Rights) — 3,279.95 shares (Direct)
Footnotes (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.
Key Figures
Dividend equivalent RSUs granted: 23.9500 units
RSUs held after transaction: 3279.9500 units
Transaction price per unit: $0.0000
3 metrics
Dividend equivalent RSUs granted
23.9500 units
Automatic grant tied to dividends on common stock
RSUs held after transaction
3279.9500 units
Total restricted stock units following grant
Transaction price per unit
$0.0000
Grant of units as compensation, not a purchase
Key Terms
Restricted Stock Units (Dividend Equivalent Rights), dividend equivalent rights, underlying award of restricted stock units, settlement and expiration
4 terms
Restricted Stock Units (Dividend Equivalent Rights) financial
"security_title: "Restricted Stock Units (Dividend Equivalent Rights)""
dividend equivalent rights financial
"Represents dividend equivalent rights that accrued on the underlying award"
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
"accrued on the underlying award of restricted stock units"
settlement and expiration financial
"subject to settlement and expiration upon the same terms"
FAQ
What did Dine Brands (DIN) director Amanda Clark report in this Form 4?
Amanda Clark reported an automatic grant of restricted stock units in the form of dividend equivalent rights. These units accrue when dividends are paid on Dine Brands’ common stock and are tied to her existing restricted stock unit awards.
How many dividend equivalent restricted stock units did DIN’s director receive?
Amanda Clark received 23.9500 dividend equivalent restricted stock units. These units mirror the value of Dine Brands common stock dividends and increase her overall restricted stock unit position without any cash purchase on her part.
What are dividend equivalent rights for Dine Brands (DIN) restricted stock units?
Dividend equivalent rights are credits tied to dividends on common stock. For Dine Brands, each right equals one share of common stock and accrues on existing restricted stock units whenever dividends are paid, then vests and settles on the same schedule.
How many restricted stock units does Amanda Clark hold after this DIN transaction?
After this transaction, Amanda Clark holds 3279.9500 restricted stock units in Dine Brands. This total includes the newly credited 23.9500 dividend equivalent rights and reflects her direct equity-based compensation position as reported.
Does this Dine Brands (DIN) Form 4 involve an open-market stock purchase or sale?
No, this Form 4 reflects a compensation-related grant, not a trade. The transaction is a grant of dividend equivalent restricted stock units, with no open-market buying or selling of Dine Brands common stock reported in this filing.