DIN director granted 26 dividend-equivalent RSUs
Dine Brands Global, Inc. director Lilian Tomovich received additional equity-based compensation through dividend equivalents on existing restricted stock units.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Dividend Equivalent Rights) | 26.407 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each dividend equivalent right is the economic equivalent of one share of common stock.
- 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
Key Terms
Restricted Stock Units (Dividend Equivalent Rights) financial
dividend equivalent rights financial
underlying award of restricted stock units financial
vest proportionately financial
settlement and expiration financial
FAQ
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What insider transaction did DIN director Lilian Tomovich report on this Form 4?
How many restricted stock units does Lilian Tomovich hold after this DIN Form 4?
What are dividend equivalent rights in the context of DIN restricted stock units?
What is the exercise or conversion price of the DIN dividend-equivalent restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.