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  4. [Form 4] Dine Brands Global, Inc. Insider Trading Activity

Dine Brands (NYSE: DIN) director adds dividend-equivalent RSUs to equity stake

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

Rhea-AI Filing Summary

Dine Brands Global, Inc. director Lilian Tomovich received additional equity-based compensation through dividend equivalents on existing restricted stock units. On this Form 4, she acquired 26.4070 dividend-equivalent restricted stock units that are economically equal to 26.4070 shares of common stock and carry a zero exercise price. These units arose because dividends were paid on the common stock underlying her restricted stock units and will vest and settle on the same terms as the related awards. Following this transaction, she directly holds a total of 3,616.4070 restricted stock units tied to Dine Brands common stock.

Positive

  • None.

Negative

  • None.
Insider Tomovich Lilian
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 26.4070 units Restricted Stock Units (Dividend Equivalent Rights) acquired on 2026-04-10
RSUs after transaction 3,616.4070 units Total restricted stock units following the acquisition
Exercise price per unit $0.0000 Conversion or exercise price of dividend-equivalent restricted stock units
Underlying common shares 26.4070 shares 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"
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.
underlying award of restricted stock units financial
"accrued on the underlying award of restricted stock units"
vest proportionately financial
"Dividend equivalent rights accrue when and as dividends are paid ... and vest proportionately"
settlement and expiration financial
"subject to settlement and expiration upon the same terms as the restricted stock units"
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*
Tomovich Lilian
(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 Lilian Tomovich04/14/2026
** 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 insider transaction did DIN director Lilian Tomovich report on this Form 4?

DIN director Lilian Tomovich reported an acquisition of 26.4070 restricted stock units as dividend equivalent rights. These awards are tied to previously granted restricted stock units and represent additional equity-based compensation linked to Dine Brands Global, Inc. common stock.

How many restricted stock units does Lilian Tomovich hold after this DIN Form 4?

After the reported transaction, Lilian Tomovich holds 3,616.4070 restricted stock units related to Dine Brands common stock. This total reflects the newly accrued 26.4070 dividend-equivalent units combined with her prior restricted stock unit holdings.

What are dividend equivalent rights in the context of DIN restricted stock units?

Dividend equivalent rights are awards that accrue when dividends are paid on common stock underlying restricted stock units. For DIN, each dividend equivalent right is economically equal to one share of common stock and vests, settles, and expires on the same terms as the related restricted stock units.

Did Lilian Tomovich buy or sell DIN shares in the open market?

This Form 4 does not show an open-market buy or sell of DIN shares. Instead, it reports an acquisition of 26.4070 dividend-equivalent restricted stock units granted as part of her existing equity compensation package, with no cash purchase price per unit.

What is the exercise or conversion price of the DIN dividend-equivalent restricted stock units?

The reported dividend-equivalent restricted stock units for DIN have an exercise or conversion price of $0.0000 per unit. This reflects that they are compensation-related awards, not options requiring a cash payment to convert into Dine Brands Global, Inc. common stock.