Dine Brands Global (DIN) CFO reports stock grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dine Brands Global Chief Financial Officer Chang Vance YuWen reported two stock transactions involving company common shares. On February 27, 979 shares were disposed of at $30.96 per share to cover tax withholding triggered by the vesting of previously granted restricted stock, so this was not an open-market sale. On the same date, the CFO received a grant of 10,470 shares of restricted stock as compensation for services, with one-third of the award scheduled to vest on each of February 27, 2027, February 27, 2028, and February 27, 2029. After these transactions, the CFO directly held a total of 63,621 common shares of Dine Brands Global.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Chang Vance YuWen
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 979 | $30.96 | $30K |
| Grant/Award | Common Stock | 10,470 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 53,151 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 Dine Brands Global (DIN) report for its CFO?
Dine Brands Global’s CFO reported a tax-withholding share disposition and a restricted stock grant. 979 shares were withheld to cover taxes, while 10,470 restricted shares were granted as compensation, increasing the CFO’s direct holdings overall.
How large was the restricted stock grant to Dine Brands Global’s (DIN) CFO?
The CFO received 10,470 shares of restricted stock as compensation for services. This award vests in three equal installments, with one-third vesting on each of February 27, 2027, 2028, and 2029, subject to the award’s terms.
When will the new restricted stock granted to Dine Brands Global (DIN) CFO vest?
The restricted stock grant will vest in three equal installments. One-third of the 10,470-share award vests on each of February 27, 2027, February 27, 2028, and February 27, 2029, assuming the underlying vesting conditions are met.