PASQUALE DOUGLAS M 4

What Happened
Douglas M. Pasquale, a director of Dine Brands Global, reported an award of 26.407 derivative shares (dividend equivalent rights) on April 10, 2026. The filing shows an acquisition price of $0.00 (a non-cash award), so the reported dollar value is $0; these rights are economic equivalents of common shares tied to underlying restricted stock units (RSUs).

Key Details

• Transaction date: 2026-04-10; Form 4 filed 2026-04-14 (appears timely).
• Transaction type/code: Award/Grant (A) — 26.407 derivative shares acquired at $0.00.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: F1 — each dividend equivalent right equals the economic equivalent of one share. F2 — these rights accrued on underlying RSUs as dividends are paid and vest and settle on the same terms as the RSUs.
• No indication of a cash purchase, sale, option exercise, or 10b5-1 plan in this filing.

Context
This was a derivative award (dividend-equivalent rights tied to RSUs), not an open-market buy or sale. Such dividend equivalents are typically accruals related to RSUs and do not necessarily signal a change in insider sentiment — they reflect compensation mechanics rather than an active purchase or divestiture.