DAHL RICHARD J 4

What Happened

• Richard J. Dahl, a director of Dine Brands Global, Inc. (DIN), was granted 26.407 dividend-equivalent rights on 2026-04-10. The award is reported as a derivative acquisition (code A) at $0.00 per share (26.407 shares, $0 value reported). This was an award tied to existing restricted stock units (RSUs), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-04-10; Form 4 filed: 2026-04-14 (timely).
• Reported amount: 26.407 dividend-equivalent rights, price reported $0.00.
• Shares owned after transaction: not specified in the filing.
• Transaction code: A = Grant, award or other acquisition; instrument type: derivative (dividend equivalent rights).
• Footnotes: F1 — each dividend equivalent right equals the economic value of one share; F2 — these rights accrued on the underlying RSUs, vest and settle proportionately with those RSUs and are subject to the same settlement/expiration terms.

Context

• Dividend-equivalent rights are not new company cash purchases by the insider; they mirror dividends on the underlying RSUs and generally follow the RSU vesting schedule. Such awards are routine compensation for directors and do not by themselves indicate a buy or sell signal.