Dine Brands director gets RSU dividend equivalents
Hyter Michael reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Hyter Michael reported acquisition or exercise transactions in this Form 4 filing.
Dine Brands Global, Inc. director Michael Hyter received an automatic grant of 19.2420 dividend equivalent restricted stock units on July 10, 2026. Each right is economically equivalent to one share of common stock and accrued as dividends on a prior RSU award. These rights vest, settle, and expire on the same terms as the related restricted stock units. Following the grant, Hyter directly holds 3,635.6490 dividend equivalent rights.
Insider Trade Summary
Grant/Award: 19.242 shares
Grant/Award
1 txn
Insider
Hyter Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Dividend Equivalent Rights) F1, F2 | 19.242 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (Dividend Equivalent Rights) — 3,635.649 contracts (Direct)
Footnotes (2)
- F1. Each dividend equivalent right is the economic equivalent of one share of common stock.
- F2. 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: 19.2420 shares
Total dividend equivalent rights after grant: 3,635.6490 rights
Transaction price per right: $0.0000 per right
+1 more
4 metrics
Dividend equivalent RSUs granted
19.2420 shares
Restricted stock unit dividend equivalent rights granted to director Michael Hyter on July 10, 2026
Total dividend equivalent rights after grant
3,635.6490 rights
Director Michael Hyter’s direct holdings of dividend equivalent rights following the award
Transaction price per right
$0.0000 per right
Non-cash grant of dividend equivalent restricted stock units
Underlying common stock equivalents
19.2420 shares
Each dividend equivalent right is the economic equivalent of one share of common stock
Key Terms
Dividend Equivalent Rights, Restricted Stock Units, economic equivalent, settlement and expiration
4 terms
Dividend Equivalent Rights financial
"Represents dividend equivalent rights that accrued on the underlying award of restricted stock units."
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.
Restricted Stock Units financial
"Represents dividend equivalent rights that accrued on the underlying award of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share of common stock."
settlement and expiration financial
"Subject to settlement and expiration upon the same terms as the restricted stock units."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Dine Brands Global (DIN) report for director Michael Hyter?
Director Michael Hyter received 19.2420 dividend equivalent restricted stock units on July 10, 2026. These rights accrued as dividends on an existing RSU award and are economically equivalent to common shares, vesting and settling on the same terms as the underlying restricted stock units.
How many dividend equivalent rights does Michael Hyter hold in Dine Brands Global (DIN) after this Form 4?
After the reported grant, Michael Hyter directly holds 3,635.6490 dividend equivalent rights. These rights mirror one share of common stock each and will vest, settle, and expire according to the schedule of the related restricted stock unit award.
Are the Dine Brands Global (DIN) dividend equivalent rights a stock purchase or sale?
The transaction is not an open-market purchase or sale; it is a grant of dividend equivalent restricted stock units at a price of $0.0000 per right, reflecting compensation linked to an existing RSU award rather than discretionary trading in the market.
What are dividend equivalent rights as reported by Dine Brands Global (DIN)?
Dividend equivalent rights are instruments economically equivalent to one share of common stock. They accrue when dividends are paid on stock underlying restricted stock units and vest, settle, and expire on the same terms as the RSUs to which they relate.
How do the new dividend equivalent rights at Dine Brands Global (DIN) vest and settle?
The reported dividend equivalent rights vest proportionately with the underlying restricted stock units. They are subject to settlement and expiration on the same terms and schedule as the RSU award from which the dividend equivalents accrued.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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