Dine Brands (DIN) CEO has shares withheld to cover restricted stock tax
Rhea-AI Filing Summary
Dine Brands Global, Inc. director and Chief Executive Officer John W. Peyton reported tax-related share dispositions tied to restricted stock vesting. On shares of Common Stock, a total of 14,369 shares were withheld by the company at $31.58 per share to cover his withholding obligations.
One line item shows 11,103 shares withheld, leaving 228,624.205 shares owned directly after that transaction, and another 3,266 shares withheld, leaving 225,358.205 shares owned directly. These were coded as Form 4 code F transactions, indicating payment of tax liability by delivering shares rather than open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 14,369 shares
Net Sell
2 txns
Insider
Peyton John W.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 11,103 | $31.58 | $351K |
| Exercise Price or Tax Liability | Common Stock | 3,266 | $31.58 | $103K |
Holdings After Transaction:
Common Stock — 225,358.205 shares (Direct)
Footnotes (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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did DIN CEO John W. Peyton report on this Form 4?
John W. Peyton reported that Dine Brands Global withheld shares of common stock to cover his tax obligations from restricted stock vesting. The transactions are coded as tax-withholding dispositions, not open-market stock sales, and reflect administrative handling of equity compensation.