Son Christine K. 4

What Happened

• Christine K. Son, SVP, Legal, General Counsel and Secretary of Dine Brands (DIN), received a grant of 10,470 restricted shares on 2026-02-27 (award valued at $0 on grant as compensation). On the same date 825 shares were withheld by the company to satisfy tax withholding obligations; those withheld shares were valued at $30.96 each for a total of $25,542. The award is compensation, not an open-market purchase.

Key Details

• Transaction date: February 27, 2026; Form 4 filed March 2, 2026 (appears timely).
• Grant: 10,470 restricted shares (code A), grant price $0.00 (compensation).
• Withholding: 825 shares withheld (code F) at $30.96/share = $25,542 to cover tax withholding.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1—shares withheld to satisfy withholding obligations; F2—restricted shares vest 1/3 on Feb 27 of 2027, 2028 and 2029; F3—granted as compensation for services.
• Not an open-market sale or purchase; withholding is an internal, routine disposition to cover taxes (not a market signal).

Context

• Restricted stock grants vest over time (here, one-third per year over three years). The withheld shares represent a cashless/net settlement to cover taxes and are routine for equity compensation. Grants signal compensation expense/retention rather than an insider buying or selling stock on personal conviction.