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Dine Brands (NYSE: DIN) director receives dividend-equivalent RSU grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Starrs Artie reported acquisition or exercise transactions in this Form 4 filing.

Dine Brands Global, Inc. director Artie Starrs received a grant of 26.407 dividend equivalent restricted stock units on common stock. Each unit is economically equivalent to one share of common stock and accrues when dividends are paid on the underlying restricted stock units.

After this compensation-related award, Starrs directly holds a total of 3,616.407 such restricted stock units, which vest, settle and expire on the same terms as the related underlying restricted stock unit award. This filing reflects a routine non-cash equity compensation adjustment, not an open-market stock purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Starrs Artie
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units (Dividend Equivalent Rights) 26.407 $0.00 --
Holdings After Transaction: Restricted Stock Units (Dividend Equivalent Rights) — 3,616.407 shares (Direct)
Footnotes (1)
  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.
Dividend equivalent RSUs granted 26.407 units Restricted Stock Units (Dividend Equivalent Rights) granted on April 10, 2026
Total RSUs after transaction 3,616.407 units Restricted stock units held directly by Artie Starrs following the grant
Grant price per unit $0.0000 per unit Non-cash equity compensation grant with zero exercise price
Underlying common shares 26.407 shares equivalent Each dividend equivalent right equals one share of common stock
Restricted Stock Units (Dividend Equivalent Rights) financial
"security_title: "Restricted Stock Units (Dividend Equivalent Rights)""
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
"Dividend equivalent rights accrue when and as dividends are paid on the common stock underlying the applicable 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.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Starrs Artie
(Last)(First)(Middle)
10 WEST WALNUT STREET
5TH FLOOR
(Street)
PASADENA CALIFORNIA 91103
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Dine Brands Global, Inc. [ DIN ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (Dividend Equivalent Rights)(1)04/10/2026A26.407 (2) (2)Common Stock26.407$0.003,616.407D
Explanation of Responses:
1. Each dividend equivalent right is the economic equivalent of one share of common stock.
2. 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.
/s/ Christine K. Son as attorney-in-fact for Artie Starrs04/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Dine Brands (DIN) director Artie Starrs report in this Form 4?

Artie Starrs reported receiving 26.407 dividend equivalent restricted stock units tied to Dine Brands common stock. These units were granted as a compensation adjustment linked to dividends on an existing restricted stock unit award, not through any open-market stock purchase or sale.

What are dividend equivalent rights in the Dine Brands (DIN) Form 4?

Dividend equivalent rights are restricted stock units that mirror cash dividends on common shares. For Dine Brands, each right equals one share of common stock and accrues when dividends are paid on the shares underlying the director’s existing restricted stock unit award.

How many Dine Brands (DIN) restricted stock units does Artie Starrs hold after this transaction?

Following the April 10, 2026 transaction, Artie Starrs holds 3,616.407 restricted stock units tied to Dine Brands common stock. This total includes the 26.407 dividend equivalent rights that accrued as part of his existing restricted stock unit compensation package.

Was there any open-market buying or selling of Dine Brands (DIN) stock in this Form 4?

No, the Form 4 shows only a grant of dividend equivalent restricted stock units to Artie Starrs. The transaction is a non-cash equity compensation adjustment and does not involve any open-market purchase or sale of Dine Brands common shares.

How do the Dine Brands (DIN) dividend equivalent rights vest and settle?

The dividend equivalent rights vest, settle, and expire on the same terms as the underlying restricted stock units. For Dine Brands, this means the 26.407 units follow the vesting schedule and settlement mechanics of the original restricted stock unit award held by Artie Starrs.