Dine Brands Global (DIN) director adds dividend-equivalent restricted stock units
Rhea-AI Filing Summary
Dine Brands Global, Inc. director Lilian Tomovich reported an automatic grant of derivative securities tied to dividends on restricted stock units. On January 7, 2026, she acquired 25.941 dividend equivalent rights on restricted stock units at a price of $0 per right, each economically equivalent to one share of common stock. After this transaction, she held 4,946.607 derivative securities directly. These dividend equivalent rights accrue when dividends are paid on the underlying common stock and follow the same vesting, settlement, and expiration terms as the related restricted stock units.
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FAQ
What insider transaction did Dine Brands Global (DIN) report for Lilian Tomovich?
Dine Brands Global director Lilian Tomovich reported acquiring 25.941 dividend equivalent rights on restricted stock units on January 7, 2026.
What are the dividend equivalent rights reported in the DIN Form 4?
The filing states that each dividend equivalent right is the economic equivalent of one share of common stock and is linked to restricted stock units.
How many derivative securities does Lilian Tomovich hold after this DIN transaction?
Following the reported transaction, Lilian Tomovich beneficially owned 4,946.607 derivative securities directly.
Did Lilian Tomovich pay anything for the dividend equivalent rights in this DIN filing?
No cash was paid; the 25.941 dividend equivalent rights were acquired at a price of $0 as they accrued with dividends on the underlying restricted stock units.
How do the dividend equivalent rights for DIN vest and settle?
The rights vest proportionately and are subject to settlement and expiration on the same terms as the underlying restricted stock units to which they relate.
Is the ownership of these DIN derivative securities direct or indirect?
The Form 4 indicates that the 4,946.607 derivative securities are held with direct (D) ownership by Lilian Tomovich.