Dine Brands Global (NYSE: DIN) grants director dividend-equivalent RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dine Brands Global, Inc. director Amanda Clark reported an acquisition of 17.4510 dividend-equivalent restricted stock units on July 10, 2026. These dividend equivalent rights are each economically equal to one share of common stock and accrue as dividends are paid on underlying RSUs, vesting and settling on the same terms. Following this grant, she directly holds 3297.4010 such units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Clark Amanda
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Dividend Equivalent Rights) | 17.451 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (Dividend Equivalent Rights) — 3,297.401 shares (Direct)
Footnotes (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.
Key Figures
RSU dividend equivalents granted: 17.4510 units
Grant price per unit: $0.0000
RSU dividend equivalents after grant: 3297.4010 units
+1 more
4 metrics
RSU dividend equivalents granted
17.4510 units
Dividend-equivalent restricted stock units granted on 2026-07-10
Grant price per unit
$0.0000
Transaction price per dividend equivalent right
RSU dividend equivalents after grant
3297.4010 units
Director’s direct holdings of dividend equivalent rights following the transaction
Underlying common stock equivalent
17.4510 shares
Each dividend equivalent right is economically equal to one share of common stock
Key Terms
dividend equivalent rights, restricted stock units, vest proportionately, settlement and expiration
4 terms
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.
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.
vest proportionately financial
"Dividend equivalent rights accrue when dividends are paid and vest proportionately with the restricted stock units."
settlement and expiration financial
"They are subject to settlement and expiration upon the same terms as the restricted stock units."
FAQ
What insider transaction did Dine Brands Global (DIN) disclose for Amanda Clark?
Dine Brands Global reported that director Amanda Clark received a grant of 17.4510 dividend-equivalent restricted stock units on July 10, 2026. These rights arise from dividends paid on underlying RSUs and are compensation-related, not an open-market trade in common stock.
What are dividend equivalent rights mentioned in Dine Brands Global (DIN)'s Form 4?
Dividend equivalent rights are each economically equivalent to one share of Dine Brands common stock. They accrue when dividends are paid on the common stock underlying RSUs and vest, settle, and expire on the same terms as the related restricted stock units.
How many dividend-equivalent RSU units does Amanda Clark hold at Dine Brands Global (DIN) after this transaction?
After the July 10, 2026 grant, Amanda Clark directly holds 3297.4010 dividend-equivalent restricted stock units. These accrued over time as dividends were paid on her underlying RSU awards and will vest and settle proportionately with those restricted stock units.
How do dividend equivalent rights vest for Dine Brands Global (DIN) restricted stock units?
Dividend equivalent rights at Dine Brands Global vest proportionately with the underlying restricted stock units. They are subject to settlement and expiration on the same terms as the RSUs to which they relate, aligning their lifecycle with the original equity award.