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Dine Brands Global (DIN) director adds dividend-equivalent restricted stock units

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

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.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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 CA 91103

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Dine Brands Global, Inc. [ DIN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (Dividend Equivalent Rights) (1) 01/07/2026 A 25.941 (2) (2) Common Stock 25.941 $0 4,946.607 D
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 Tomovich 01/08/2026
** Signature of Reporting Person Date
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.

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.

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559.78M
13.86M
3.61%
85.82%
17.18%
Restaurants
Retail-eating Places
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United States
PASADENA