Dine Brands (DIN) CFO has restricted stock withheld for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dine Brands Global, Inc. Chief Financial Officer Vance YuWen Chang reported two tax-related share dispositions of common stock. On the vesting of restricted stock on March 6, 2026, the company withheld 1,382 shares and 2,303 shares at $31.58 per share to satisfy withholding obligations. After these tax-withholding transactions, Chang held 61,561 and then 59,258 shares directly, indicating these were not open-market sales but shares retained by the issuer for taxes.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Chang Vance YuWen
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,382 | $31.58 | $44K |
| Tax Withholding | Common Stock | 2,303 | $31.58 | $73K |
Holdings After Transaction:
Common Stock — 61,561 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Dine Brands Global (DIN) report for its CFO?
Dine Brands Global reported that CFO Vance YuWen Chang had common shares withheld to cover taxes on restricted stock vesting. Two separate tax-withholding dispositions occurred, where the issuer retained shares instead of cash to satisfy withholding obligations tied to equity awards.
Was the Dine Brands (DIN) CFO’s Form 4 transaction an open-market stock sale?
No, the Form 4 describes tax-withholding dispositions, not open-market sales. The issuer withheld shares from vested restricted stock to satisfy the CFO’s tax obligations, as noted in the footnote, rather than the CFO selling shares to outside buyers in the market.
What does transaction code F mean in the Dine Brands (DIN) Form 4 filing?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, it shows Dine Brands withheld common shares from the CFO’s vested restricted stock to cover required taxes instead of receiving cash for those obligations.