Poulter Martha 4
4 · Dine Brands Global, Inc. · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
Dine Brands Director Martha Poulter Receives 26.4-Share Award
What Happened
Martha Poulter, a director of Dine Brands Global, Inc. (DIN), received an award on April 10, 2026 consisting of 26.407 dividend-equivalent rights tied to underlying restricted stock units (RSUs). The Form 4 reports the acquisition as a derivative award (code A) at $0.00 — this reflects accrual of dividend equivalents rather than a cash purchase or sale.
Key Details
- Transaction date: 2026-04-10 (reported on Form 4 filed 2026-04-14).
- Transaction type/code: Grant/Award (A); derivative dividend-equivalent rights.
- Shares reported: 26.407 dividend-equivalent rights; price reported $0.00 (no cash exchanged).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — each dividend equivalent right is the economic equivalent of one share of common stock. F2 — these rights accrued on the underlying RSU award, accrue when dividends are paid, and vest/settle on the same terms as the related RSUs.
- Filing timeliness: Filed on 2026-04-14 (within the SEC’s two-business-day reporting window for Form 4s).
Context
Dividend-equivalent rights are a form of compensation that mirror dividends on RSUs and do not represent an open-market purchase or sale by the insider. Such awards are routine director compensation and do not, by themselves, indicate a change in the insider’s market view.
Insider Transaction Report
- Award
Restricted Stock Units (Dividend Equivalent Rights)
[F1][F2]2026-04-10+26.407→ 3,616.407 total→ Common Stock (26.407 underlying)
Footnotes (2)
- [F1]Each dividend equivalent right is the economic equivalent of one share of common stock.
- [F2]Represents dividend equivalent rights that accrued on the underlying award of restricted stock units. Dividend equivalent rights accrue when and as dividends are paid on the common stock underlying the applicable restricted stock units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate.