Dine Brands Global, Inc. (DIN) director granted dividend equivalent rights
Rhea-AI Filing Summary
Berk Howard M reported acquisition or exercise transactions in this Form 4 filing.
Howard M. Berk, a director of Dine Brands Global, Inc., received a grant of 19.2420 dividend equivalent restricted stock units on July 10, 2026, tied to a prior RSU award. Each right is economically equivalent to one share of common stock and vests and settles on the same terms as the underlying RSUs, bringing his directly held dividend equivalent rights to 3635.6490.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berk Howard M
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 shares (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 units
Total Dividend Equivalent RSUs After Grant: 3635.6490 units
Transaction Date: 2026-07-10
3 metrics
Dividend Equivalent RSUs Granted
19.2420 units
Restricted Stock Units (Dividend Equivalent Rights) granted to director Howard M. Berk on July 10, 2026
Total Dividend Equivalent RSUs After Grant
3635.6490 units
Director’s directly held dividend equivalent rights following the July 10, 2026 award
Transaction Date
2026-07-10
Date of the reported grant/award acquisition of dividend equivalent RSUs
Key Terms
Restricted Stock Units, Dividend Equivalent Rights, underlying award of restricted stock units, vest proportionately
4 terms
Restricted Stock Units financial
"Security title: Restricted Stock Units (Dividend Equivalent Rights)"
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.
Dividend Equivalent Rights financial
"Restricted Stock Units (Dividend Equivalent Rights) 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
"Represents dividend equivalent rights that accrued on the underlying award of restricted stock units"
vest proportionately financial
"Dividend equivalent rights accrue with dividends and vest proportionately with the restricted stock units"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Dine Brands Global, Inc. (DIN) report for July 10, 2026?
Dine Brands Global, Inc. reported that director Howard M. Berk was granted 19.2420 dividend equivalent restricted stock units on July 10, 2026. These rights accrued on a prior RSU award when dividends were paid and follow the same vesting and settlement terms as that underlying award.
How many dividend equivalent rights does DIN director Howard M. Berk hold after this Form 4 transaction?
Following the reported grant, Howard M. Berk directly holds 3635.6490 dividend equivalent restricted stock units. Each right is economically equivalent to one share of Dine Brands Global, Inc. common stock and remains subject to the vesting and settlement conditions of the related RSU award.
What are dividend equivalent rights in the context of Dine Brands Global, Inc. (DIN) equity awards?
For DIN, each dividend equivalent right is the economic equivalent of one share of common stock. These rights accrue on outstanding RSUs when dividends are paid and vest, settle, and expire under the same terms as the underlying restricted stock units they accompany.
Is the July 2026 DIN Form 4 transaction an open-market buy or sell of common stock?
The July 2026 DIN Form 4 reflects a grant of dividend equivalent restricted stock units, not an open-market stock trade. It is categorized as an acquisition related to existing RSUs, with no reported open-market purchases or sales of Dine Brands common shares in this filing.
How do dividend equivalent rights on DIN restricted stock units vest and settle?
For Dine Brands Global, Inc., dividend equivalent rights vest and settle proportionately with the underlying RSUs to which they relate. They accrue when dividends are paid on the common stock and are subject to the same vesting schedule, settlement mechanics, and expiration terms as those RSUs.