Dine Brands Global (DIN) director receives dividend equivalent rights tied to RSUs
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Silva Enrique
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Dividend Equivalent Rights) | 17.451 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (Dividend Equivalent Rights) — 3,297.401 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: 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
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.