Dine Brands Global (NYSE: DIN) director gets 19 dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dine Brands Global, Inc. director Starrs Artie reported an acquisition of 19.2420 dividend equivalent rights tied to restricted stock units on July 10, 2026. Each right is the economic equivalent of one share of common stock, bringing his total such rights to 3,635.6490. These rights accrue as dividends are paid and vest and settle on the same terms as the underlying restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Starrs Artie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Dividend Equivalent Rights) | 19.242 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (Dividend Equivalent Rights) — 3,635.649 shares (Direct)
Footnotes (1)
- Each dividend equivalent right is the economic equivalent of one share of common stock. 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 rights granted: 19.2420 units
Total dividend equivalent rights held: 3635.6490 units
Grant price per right: $0.0000
+1 more
4 metrics
Dividend equivalent rights granted
19.2420 units
Grant to director Starrs Artie on 2026-07-10
Total dividend equivalent rights held
3635.6490 units
Holdings after the reported transaction
Grant price per right
$0.0000
Compensation-related award with no cash paid by the insider
Underlying common stock equivalent
19.2420 shares
Each dividend equivalent right equals one share of common stock
Key Terms
dividend equivalent rights, restricted stock units, vest proportionately
3 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.
vest proportionately financial
"Dividend equivalent rights accrue when and as dividends are paid ... and vest proportionately with"
FAQ
What insider transaction did Dine Brands Global (DIN) director Starrs Artie report?
Starrs Artie reported acquiring 19.2420 dividend equivalent rights tied to restricted stock units. These rights are compensation-related, not open-market purchases, and mirror dividends paid on Dine Brands Global common stock.
How many dividend equivalent rights does Starrs Artie now hold in Dine Brands Global (DIN)?
After the latest grant, Starrs Artie holds 3,635.6490 dividend equivalent rights. Each right is economically equivalent to one share of Dine Brands Global common stock and tracks an underlying restricted stock unit award.
Are the Dine Brands Global (DIN) dividend equivalent rights an open-market stock purchase?
No. The 19.2420 rights were a grant/award acquisition with a $0.0000 price per right. They accrued automatically as dividend equivalents on existing restricted stock units rather than being bought in the open market.
What are dividend equivalent rights in the context of Dine Brands Global (DIN)?
Dividend equivalent rights are awards that are the economic equivalent of 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 those RSUs.
How do Dine Brands Global (DIN) dividend equivalent rights vest and settle?
The rights vest proportionately with the related restricted stock units. They are subject to settlement and expiration on the same terms as those RSUs, aligning their timing and conditions with the underlying equity award.