Dine Brands Global (NYSE: DIN) director gets dividend-equivalent RSUs
Rhea-AI Filing Summary
Dine Brands Global director Douglas M. Pasquale reported an automatic award of derivative securities linked to company stock. On 01/07/2026, he acquired 25.941 dividend equivalent rights tied to restricted stock units at a price of $0 per right, reflecting accruals from dividends on the underlying stock-based award. Each dividend equivalent right is the economic equivalent of one share of common stock and will vest, settle, and expire on the same terms as the related restricted stock units. Following this transaction, Pasquale directly beneficially owned 4,946.607 derivative securities in the form of these rights.
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FAQ
What insider transaction did Dine Brands Global (DIN) report in this Form 4?
The filing reports that director Douglas M. Pasquale acquired 25.941 dividend equivalent rights tied to restricted stock units on 01/07/2026 at a price of $0 per right.
Who is the reporting person in the Dine Brands Global (DIN) Form 4?
The reporting person is Douglas M. Pasquale, who serves as a director of Dine Brands Global, Inc. He is not listed as an officer or 10% owner in this filing.
How many derivative securities does the Dine Brands (DIN) director own after this transaction?
After the reported acquisition, Douglas M. Pasquale beneficially owns 4,946.607 derivative securities, in the form of dividend equivalent rights linked to restricted stock units, held directly.
What are dividend equivalent rights as disclosed by Dine Brands Global (DIN)?
The filing states that each dividend equivalent right is the economic equivalent of one share of common stock. These rights accrue when dividends are paid on the common stock underlying restricted stock units and vest, settle, and expire on the same terms as those units.
Did the Dine Brands (DIN) director sell any shares in this Form 4?
No sales are reported. The Form 4 shows an acquisition (transaction code A) of 25.941 dividend equivalent rights at $0, with no disposals listed.
Are the dividend equivalent rights in the Dine Brands (DIN) Form 4 held directly or indirectly?
The filing indicates the dividend equivalent rights are held directly by Douglas M. Pasquale, with no separate indirect owner or entity noted in the ownership description.