Dine Brands CFO Has 788 Shares Withheld for Tax Obligations

Dine Brands Global CFO Vance YuWen Chang reported a Form 4 transaction dated June 16, 2025.

Rhea-AI Filing Summary

Dine Brands Global CFO Vance YuWen Chang reported a Form 4 transaction dated June 16, 2025. The filing discloses:

• Disposition of 788 shares of common stock at $26.42 per share
• Transaction code 'F' indicates shares were withheld by the company for tax purposes related to vesting of restricted stock
• Following the transaction, Chang maintains direct beneficial ownership of 51,790 shares

The transaction was executed under standard tax withholding procedures for vested equity compensation, rather than an open market sale. The filing was signed by Christine K. Son as attorney-in-fact for Chang on June 18, 2025.

Insider Trade Summary

Exercise Price or Tax Liability: 788 shares

Exercise Price or Tax Liability 1 txn

Insider Chang Vance YuWen

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	788	$26.42	$21K

Holdings After Transaction: Common Stock — 51,790 shares (Direct)

Footnotes (1)

1. F1. These shares were withheld by the Issuer to satisfy the withholding obligations of the reporting person with respect to the vesting of shares of restricted stock held by the reporting person.

FAQ

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How many DIN shares did CFO Vance Chang dispose of on June 16, 2025?

According to the Form 4 filing, CFO Vance Chang disposed of 788 shares of DIN common stock on June 16, 2025, at a price of $26.42 per share. These shares were withheld by the company to satisfy tax withholding obligations related to the vesting of restricted stock.

How many shares of DIN does CFO Vance Chang own after the June 16, 2025 transaction?

Following the reported transaction, CFO Vance Chang directly owns 51,790 shares of Dine Brands Global, Inc. (DIN) common stock.

What was the purpose of DIN CFO's stock disposition on June 16, 2025?

The shares were withheld by Dine Brands Global (DIN) to satisfy the tax withholding obligations of CFO Vance Chang with respect to the vesting of restricted stock holdings. This was not an open market sale but rather a standard practice for handling tax obligations on vesting equity compensation.

What is Vance Chang's role at DIN and what type of ownership does he have?

Vance Chang serves as the Chief Financial Officer of Dine Brands Global, Inc. (DIN). According to the Form 4, his ownership of 51,790 shares is classified as Direct (D) ownership, with no indirect holdings reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/18/2025 - 04:53 PM EDT Learn about SEC filing dates

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^*

Chang Vance YuWen

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025

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
Common Stock	06/16/2025		F(1)		788	D	$26.42	51,790	D

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

Explanation of Responses:

1. These shares were withheld by the Issuer to satisfy the withholding obligations of the reporting person with respect to the vesting of shares of restricted stock held by the reporting person.

	/s/ Christine K. Son as attorney-in-fact for Vance Y. Chang	06/18/2025
	** 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.
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