STOCK TITAN

Dine Brands (DIN) director Pasquale receives dividend-equivalent RSU grant

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

Rhea-AI Filing Summary

PASQUALE DOUGLAS M reported acquisition or exercise transactions in this Form 4 filing.

Dine Brands Global, Inc. director Douglas M. Pasquale received a grant of 26.407 restricted stock units in the form of dividend equivalent rights on April 10, 2026. Each dividend equivalent right is economically equal to one share of common stock and accrues when dividends are paid on the underlying restricted stock units.

These dividend equivalent rights vest on the same schedule and are subject to the same settlement and expiration terms as the related restricted stock units. Following this grant, Pasquale holds a total of 3,616.407 restricted stock units tied to Dine Brands Global common stock.

Positive

  • None.

Negative

  • None.
Insider PASQUALE DOUGLAS M
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 26.407 units Restricted Stock Units (Dividend Equivalent Rights) granted on April 10, 2026
Total RSUs after transaction 3,616.407 units Restricted stock units held by Douglas M. Pasquale following grant
Underlying common stock 26.407 shares Common stock underlying the new dividend equivalent rights
Transaction price per unit $0.0000 Grant of dividend equivalent restricted stock units
Restricted Stock Units financial
"Represents dividend equivalent rights that accrued on the underlying award of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend Equivalent Rights financial
"Each dividend equivalent right is the economic equivalent of one share of common stock."
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.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share of common stock."
vest proportionately financial
"Dividend equivalent rights accrue when and as dividends are paid ... and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units."
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*
PASQUALE DOUGLAS M

(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 Douglas M. Pasquale04/14/2026
** 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)

FAQ

What insider transaction did Dine Brands Global (DIN) report for Douglas M. Pasquale?

Dine Brands Global reported that director Douglas M. Pasquale received 26.407 restricted stock units as dividend equivalent rights. These units are tied to dividends on existing restricted stock units and are part of his equity-based compensation, not an open-market stock purchase or sale.

What are dividend equivalent rights in Dine Brands Global (DIN) stock awards?

Dividend equivalent rights are awards economically equal to one share of common stock for each right. They accrue when Dine Brands Global pays dividends on shares underlying restricted stock units and follow the same vesting, settlement, and expiration terms as the related restricted stock units.

How many restricted stock units does Douglas M. Pasquale hold after this DIN Form 4 transaction?

After the April 10, 2026 grant, Douglas M. Pasquale holds a total of 3,616.407 restricted stock units related to Dine Brands Global common stock. This total includes the 26.407 dividend equivalent rights that accrued on his existing restricted stock unit awards.

Did Douglas M. Pasquale buy or sell Dine Brands Global (DIN) shares in the open market?

No, the reported Form 4 shows a grant of 26.407 dividend equivalent restricted stock units to Douglas M. Pasquale. It reflects an equity compensation-related acquisition, not an open-market purchase or sale of Dine Brands Global common stock.

How do dividend equivalent rights on DIN restricted stock units vest?

Dividend equivalent rights on Dine Brands Global restricted stock units vest proportionately with the underlying restricted stock units. They are subject to settlement and expiration on the same terms and timeline as the original restricted stock unit awards to which they relate.