Hyter Michael 4

What Happened
Michael Hyter, a director of Dine Brands Global, was granted 3,590 restricted stock units (RSUs) on February 27, 2026. The Form 4 reports the award at $0.00 per share (transaction code A) because it is a compensatory derivative grant that will be settled in common stock. The RSUs are scheduled to be settled into shares on February 27, 2027, subject to Hyter’s continued service.

Key Details

• Transaction date: 2026-02-27 (reported on Form 4 filed 2026-03-02).
• Award: 3,590 RSUs; reported price $0.00 (derivative grant).
• Vest/settlement: RSUs will be settled into shares on 2027-02-27, contingent on continued service (Footnote F1).
• Reason: Granted as compensation for services (Footnote F2).
• Shares owned after transaction: not specified in the provided filing.
• Timeliness: Filed on 2026-03-02; appears to be timely relative to the Feb 27 transaction.

Context
This was a compensatory RSU grant, not an open-market purchase or sale, so it reflects pay rather than an immediate insider investment decision. RSUs convert to actual shares only upon settlement (here, one year later) and typically cannot be sold until they vest. No indication of a 10b5-1 plan, tax withholding, or immediate sale was reported in the filing.