Ryan Matthew T. 4

What Happened
Ryan Matthew, a director of Dine Brands Global, had restricted stock units and dividend equivalent rights vest and settle into common shares on March 6, 2026. The filing shows 4,946.607 shares were acquired at an implied price of $31.58 per share (total value ≈ $156,214). The report also records the conversion/settlement of the derivative instrument into those shares (derivative disposed at $0.00), consistent with an award settlement rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-06. Report filed: 2026-03-09 (timely).
• Shares received: 4,946.607; per-share value shown: $31.58; aggregate value ≈ $156,214.
• Transaction codes: "M" (exercise/conversion of a derivative) recorded; footnote clarifies this was vesting and settlement of RSUs and dividend equivalents.
• Shares owned after the transaction: not reported in the details provided here.
• No open-market sale or purchase reported — this is compensation-related equity settlement, not a market trade.

Context
This was a routine equity award settlement (RSU vesting), which is common compensation for executives and directors. The derivative entry reflects conversion/settlement of the RSU-type instrument into shares; it does not necessarily signal a buy or sell decision in the public market.