Dine Brands director granted dividend-equivalent rights

Silva Enrique reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Silva Enrique reported acquisition or exercise transactions in this Form 4 filing.

Dine Brands Global director Enrique Silva reported an award of 17.4510 dividend equivalent rights tied to restricted stock units on 2026-07-10. Each right is the economic equivalent of one share of common stock and vests and settles on the same terms as the underlying restricted stock units. Following this award, Silva directly holds 3,297.4010 dividend equivalent rights.

Insider Trade Summary

Grant/Award: 17.451 shares

Grant/Award 1 txn

Insider Silva Enrique

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units (Dividend Equivalent Rights) F1, F2	17.451	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units (Dividend Equivalent Rights) — 3,297.401 contracts (Direct)

Footnotes (2)

1. F1. Each dividend equivalent right is the economic equivalent of one share of common stock.
2. 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 rights granted: 17.4510 Total dividend equivalent rights after award: 3297.4010 Economic equivalence per right: 1 +1 more

4 metrics

Dividend equivalent rights granted 17.4510 Restricted Stock Units (Dividend Equivalent Rights) awarded on 2026-07-10

Total dividend equivalent rights after award 3297.4010 Direct holdings of dividend equivalent rights following the transaction

Economic equivalence per right 1 Each dividend equivalent right is the economic equivalent of one share of common stock

Transaction price per right 0.0000 Grant of dividend equivalent rights at no cash cost to the director

Key Terms

dividend equivalent rights, Restricted Stock Units, economic equivalent

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.

economic equivalent financial

"Each dividend equivalent right is the economic equivalent of one share of common stock."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Dine Brands Global (DIN) director Enrique Silva report?

Enrique Silva reported an award of 17.4510 dividend equivalent rights tied to restricted stock units. Each right is economically equivalent to one share of Dine Brands Global common stock and follows the vesting and settlement terms of the underlying restricted stock units.

How many dividend equivalent rights does Enrique Silva hold after this Form 4 for DIN?

After the reported award, Enrique Silva directly holds 3,297.4010 dividend equivalent rights. These rights track dividends on the common stock underlying his restricted stock units and vest and settle proportionately with those restricted stock units.

On what date were Enrique Silva’s new dividend equivalent rights granted at Dine Brands Global (DIN)?

The new dividend equivalent rights were granted on 2026-07-10. They represent additional compensation that accumulates when dividends are paid on the common stock tied to Silva’s restricted stock unit award at Dine Brands Global.

What are dividend equivalent rights as reported in Dine Brands Global (DIN) Form 4?

Dividend equivalent rights are instruments where each right equals one share of common stock economically. They accrue as dividends are paid on shares underlying restricted stock units and vest, settle, and expire on the same terms as those units.

Were Enrique Silva’s reported DIN transactions open-market buys or sells?

The reported DIN transaction is an acquisition through a grant or award of dividend equivalent rights, not an open-market purchase or sale. It reflects compensation-related accruals linked to existing restricted stock units rather than discretionary trading.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/14/2026 - 04:37 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Silva Enrique

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (Dividend Equivalent Rights)	(1)	07/10/2026		A		17.451		(2)	(2)	Common Stock	17.451	$0.00	3,297.401	D

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 Enrique Silva	07/14/2026
	** Signature of Reporting Person	Date
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)