Poulter Martha 4

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.