Dine Brands Global (NYSE: DIN) director gets 19.242 dividend RSU rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tomovich Lilian reported acquisition or exercise transactions in this Form 4 filing.
Dine Brands Global, Inc. director Lilian Tomovich received a grant of 19.2420 dividend equivalent restricted stock units tied to common stock on July 10, 2026. Each right is economically equivalent to one share of common stock and accrues as dividends are paid on her underlying restricted stock units. Following this award, she directly holds 3635.6490 dividend equivalent rights, which vest, settle, and expire on the same terms as the related restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tomovich Lilian
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Dividend Equivalent Rights) | 19.242 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (Dividend Equivalent Rights) — 3,635.649 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
Dividend equivalent rights granted: 19.2420 units
Total dividend equivalent rights after grant: 3635.6490 rights
Grant price per right: 0.0000
+1 more
4 metrics
Dividend equivalent rights granted
19.2420 units
Restricted stock unit dividend equivalents granted on 2026-07-10
Total dividend equivalent rights after grant
3635.6490 rights
Director’s direct holdings of dividend equivalent rights following the July 10, 2026 award
Grant price per right
0.0000
Compensation-related award of dividend equivalent rights with no cash exercise price
Underlying common shares for grant
19.2420 shares
Each dividend equivalent right is economically equivalent to one share of common stock
Key Terms
Restricted Stock Units (Dividend Equivalent Rights), dividend equivalent rights, underlying award of restricted stock units, vest proportionately
4 terms
Restricted Stock Units (Dividend Equivalent Rights) financial
"Security title reported as Restricted Stock Units (Dividend Equivalent Rights)"
dividend equivalent rights financial
"Represents dividend equivalent rights that accrued on the underlying award of restricted stock units"
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.
underlying award of restricted stock units financial
"accrued on the underlying award of restricted stock units"
vest proportionately financial
"Dividend equivalent rights accrue when dividends are paid and vest proportionately with the restricted stock units"
FAQ
What insider equity transaction did Dine Brands Global (DIN) report for Lilian Tomovich?
Dine Brands Global reported that director Lilian Tomovich received a grant of 19.2420 dividend equivalent restricted stock units tied to common stock. These rights are compensation-related awards that follow the terms of her underlying restricted stock units rather than open-market stock purchases or sales.
How many dividend equivalent restricted stock units did DIN director Lilian Tomovich receive?
DIN director Lilian Tomovich received 19.2420 dividend equivalent restricted stock units on July 10, 2026. Each of these rights is economically equivalent to one share of common stock and accrues when dividends are paid on the stock underlying her existing restricted stock unit award.
What are dividend equivalent rights in Dine Brands Global’s (DIN) recent insider filing?
The filing states that each dividend equivalent right is the economic equivalent of one share of common stock. These rights accrue as dividends are paid on the shares underlying restricted stock units and vest, settle, and expire on the same schedule as the related restricted stock units.
What is Lilian Tomovich’s total holding of dividend equivalent rights in DIN after this transaction?
After the reported transaction, Lilian Tomovich directly holds 3635.6490 dividend equivalent rights. These rights are linked to Dine Brands Global common stock and will vest and be settled according to the same terms and timing as the underlying restricted stock unit awards to which they relate.
Does this Dine Brands Global (DIN) Form 4 show any open-market stock buying or selling?
No. The Form 4 reports a grant of 19.2420 dividend equivalent restricted stock units to director Lilian Tomovich. It describes a compensation-related award of derivative rights, not an open-market purchase or sale of Dine Brands Global common stock by the insider.