Chang Vance YuWen 4
Research Summary
AI-generated summary
Dine Brands CFO Chang YuWen Receives 10,470-Share Award
What Happened
- Chang Vance YuWen, CFO of Dine Brands Global, was granted 10,470 shares of restricted stock on 2026-02-27 (transaction code A, acquisition at $0.00 per share). The grant was made as compensation.
- To satisfy withholding obligations on the vesting of restricted stock, 979 shares were withheld (transaction code F) and disposed at $30.96 per share, totaling $30,310. This withholding is a tax-related disposition by the issuer, not an open-market sale.
Key Details
- Transaction dates: 2026-02-27 (grant and withholding); Form 4 filed 2026-03-02.
- Prices and values: 10,470 shares granted at $0.00 (compensation award); 979 shares withheld at $30.96 each for $30,310 total.
- Vesting: The 10,470 restricted shares vest one-third on each of Feb 27, 2027, 2028 and 2029 (footnote F2).
- Purpose: Grant was compensation for services (footnote F3); withheld shares were used to satisfy tax withholding obligations (footnote F1).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing timeliness: Form filed March 2, 2026; the filing does not indicate a late-filing flag in the provided data.
Context
- This was a compensation grant with routine tax withholding; the withheld shares represent a surrender to cover taxes rather than a market-sale decision by the CFO. Restricted-stock grants vest over time and are common executive compensation — they are not the same as open-market purchases or insider sales for cash.