Dine Brands (DIN) director adds 4,920.666 shares from RSU dividend equivalents

Rhea-AI Filing Summary

Lilian Tomovich, a director of Dine Brands Global, Inc. (DIN), received 4,920.666 shares equivalent through accrued dividend equivalent rights tied to restricted stock units. The transaction is reported as an acquisition on 10/08/2025 and reflects 92.706 dividend equivalent rights converted into 92.706 underlying common shares for settlement purposes, priced at $0.00 because these are dividend equivalents rather than a cash purchase. The filing shows the shares are held directly after the transaction.

The Form 4 was signed on 10/10/2025 by an attorney-in-fact, indicating the report was filed on behalf of the reporting person. The entry documents routine equity compensation settlement mechanics rather than an open-market purchase or sale.

Positive

• Director increased direct ownership by 4,920.666 shares via dividend equivalents
• Transaction reflects standard equity compensation mechanics (dividend equivalents on RSUs) with no cash outlay

Negative

• None.

Insights

Corporate Governance Analyst

Director received dividend-equivalent stock units totaling 4,920.666 shares on 10/08/2025.

The record shows dividend equivalent rights that accrue on restricted stock units converted into the economic equivalent of common shares; these are settled at $0.00 because they are non-cash adjustments tied to dividend payments. This is a common element of equity compensation plans that increases insider shareholdings without an open-market transaction.

Key dependencies include the underlying restricted stock unit terms and future settlement timing; investors may watch for any subsequent vesting or sale activity in the next 12 months that would change beneficial ownership or signal liquidity actions.

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)
10/08/2025

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

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)	10/08/2025		A		92.706		(2)	(2)	Common Stock	92.706	$0.00	4,920.666	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	10/10/2025
	** 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.
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 did DIN director Lilian Tomovich report on Form 4?

The director reported acquiring 4,920.666 common stock equivalents through accrued dividend equivalent rights related to restricted stock units on 10/08/2025.

Were the shares purchased with cash in this Form 4 filing for DIN?

No. The filing shows the shares resulted from dividend equivalent rights and are reported with a price of $0.00, indicating a non-cash settlement.

How is ownership held after the reported transaction?

The Form 4 indicates the shares are held directly by the reporting person following the transaction.

Who signed the Form 4 for Lilian Tomovich?

The Form 4 was signed by Christine K. Son as attorney-in-fact for Lilian Tomovich on 10/10/2025.

Does this Form 4 show open-market trading or compensation settlement?

This is a compensation settlement (dividend equivalents on RSUs), not an open-market purchase or sale.