Dine Brands (NYSE: DIN) director boosts stake with RSU vesting and stock buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dine Brands Global, Inc. director Douglas M. Pasquale increased his exposure to the company through a combination of equity vesting and a market purchase. On March 6, 2026, restricted stock units representing 4,946.607 shares of common stock were exercised and settled into the same number of common shares at a reference price of $31.58 per share.
Following this, on March 9, 2026, an additional 500 shares of common stock were acquired in an open-market purchase at $30.00 per share, held indirectly by the Pasquale Living Trust dated October 17, 2007. After these transactions, indirect trust holdings stood at 23,522.313 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500 shares ($15,000)
Net Buy
3 txns
Insider
PASQUALE DOUGLAS M
Role
Director
Bought
500 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 500 | $30.00 | $15K |
| Exercise | Restricted Stock Units | 4,946.607 | $0.00 | -- |
| Exercise | Common Stock | 4,946.607 | $31.58 | $156K |
Holdings After Transaction:
Common Stock — 23,522.313 shares (Indirect, By Trust);
Restricted Stock Units — 3,590 shares (Direct);
Common Stock — 4,946.607 shares (Direct)
Footnotes (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 2,787.313 shares that were directly held to the Pasquale Living Trust dated 10/17/2007, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended. Shares held by the Pasquale Living Trust, dated October 17, 2007
FAQ
What insider transactions did Dine Brands (DIN) report for Douglas M. Pasquale?
Douglas M. Pasquale reported two acquisition events: vesting of 4,946.607 restricted stock units into common shares on March 6, 2026, and a separate open-market purchase of 500 common shares at $30.00 per share on March 9, 2026.
What was the size and price of the Dine Brands (DIN) open-market purchase?
An entity associated with Douglas M. Pasquale purchased 500 shares of Dine Brands common stock in an open-market transaction at $30.00 per share on March 9, 2026, classified as an indirect holding "By Trust" in the filing.
How are Douglas M. Pasquale’s indirect Dine Brands (DIN) holdings structured?
His indirect holdings are reported as shares held by the Pasquale Living Trust dated October 17, 2007. After the 500-share open-market purchase, the trust’s common stock position totaled 23,522.313 shares, as disclosed in the ownership totals.
What happened to Douglas M. Pasquale’s restricted stock units in this Dine Brands (DIN) filing?
Previously granted restricted stock units vested and were settled into 4,946.607 shares of common stock on March 6, 2026. After this exercise and conversion, the Form 4 reports a remaining balance of 3,590 restricted stock units held directly.