STOCK TITAN

Dine Brands Global (NYSE: DIN) director acquires stock via RSU vesting

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

Rhea-AI Filing Summary

Dine Brands Global director Richard J. Dahl reported the vesting and settlement of restricted stock units into 4,946.607 shares of common stock on March 6, 2026. The derivative exercise is recorded at a price of $31.58 per share for the common stock received.

Following these transactions, Dahl holds 3,590 shares directly and 54,228 shares indirectly through the Richard J. Dahl Revocable Living Trust dated 01/20/1995. A separate footnote states that 3,600 directly held shares were previously transferred to this trust in an exempt transaction.

Positive

  • None.

Negative

  • None.
Insider DAHL RICHARD J
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units 4,946.607 $0.00 --
Exercise Common Stock 4,946.607 $31.58 $156K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 3,590 shares (Direct); Common Stock — 4,946.607 shares (Direct); Common Stock — 54,228 shares (Indirect, By Trust)
Footnotes (1)
  1. This transaction represents the vesting and settlement of restricted stock units and dividend equivalent rights in shares of common stock of the Issuer. This amount reflects the Reporting Person's transfer of 3,600 shares that were directly held to the Richard J. Dahl Revocable Living Trust dated 01/20/1995, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended. Shares held by Richard James Dahl as trustee for the Richard J. Dahl Revocable Living Trust dated 01/20/1995.
SEC Form 4
FORM 4 UNITED 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*
DAHL RICHARD J

(Last) (First) (Middle)
10 WEST WALNUT STREET
5TH FLOOR

(Street)
PASADENA CA 91103

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Dine Brands Global, Inc. [ DIN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/06/2026 M(1) 4,946.607 A $31.58 4,946.607 D
Common Stock 54,228(2) I By Trust(3)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/06/2026 M(1) 4,946.607 (1) (1) Common Stock 4,946.607 $0.00 3,590 D
Explanation of Responses:
1. This transaction represents the vesting and settlement of restricted stock units and dividend equivalent rights in shares of common stock of the Issuer.
2. This amount reflects the Reporting Person's transfer of 3,600 shares that were directly held to the Richard J. Dahl Revocable Living Trust dated 01/20/1995, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
3. Shares held by Richard James Dahl as trustee for the Richard J. Dahl Revocable Living Trust dated 01/20/1995.
/s/ Christine K. Son as attorney-in-fact for Richard J. Dahl 03/09/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Dine Brands (DIN) director Richard J. Dahl report?

Richard J. Dahl reported the vesting and settlement of restricted stock units into 4,946.607 shares of Dine Brands common stock on March 6, 2026. The filing characterizes this as an exercise or conversion of derivative securities rather than an open-market share purchase or sale.

How many Dine Brands (DIN) shares did Richard J. Dahl acquire in this Form 4?

The Form 4 shows Richard J. Dahl acquiring 4,946.607 shares of Dine Brands common stock through the vesting and settlement of restricted stock units. This reflects a derivative exercise or conversion, with no reported open-market buy or sell transactions in the data provided.

What is Richard J. Dahl’s direct and indirect ownership in Dine Brands (DIN) after the transactions?

After the reported transactions, Richard J. Dahl holds 3,590 Dine Brands shares directly. In addition, 54,228 shares are held indirectly by the Richard J. Dahl Revocable Living Trust dated 01/20/1995, where he is identified as trustee, according to the ownership and footnote disclosures.

What do the Form 4 footnotes reveal about Richard J. Dahl’s Dine Brands (DIN) holdings?

The footnotes explain that the transaction represents vesting and settlement of restricted stock units and dividend equivalent rights. They also note a prior transfer of 3,600 directly held shares to the Richard J. Dahl Revocable Living Trust, and that shares are held by him as trustee of that trust.

Was Richard J. Dahl’s Dine Brands (DIN) share transfer to his trust a reportable sale?

A footnote states that transferring 3,600 directly held shares to the Richard J. Dahl Revocable Living Trust was exempt from Section 16 under Rule 16a-13. This characterizes the move as an exempt transfer to the trust, rather than a market sale transaction for consideration.