DAHL RICHARD J 4

What Happened
Richard J. Dahl, a director of Dine Brands Global, had 3,616.407 restricted stock units (and dividend equivalents) vest and be settled into 3,616.407 shares of common stock on May 27, 2026. The filing values the shares at $31.02 each (total ≈ $112,181). Those shares were then transferred to the Richard J. Dahl Revocable Living Trust dated 01/20/1995.

Key Details

• Transaction date: May 27, 2026. Filing date: May 29, 2026 (filed within the normal 2-business-day window).
• Reported price/value: $31.02 per share; total value ≈ $112,181 for 3,616.407 shares.
• Shares involved: 3,616.407 shares were issued on vesting and immediately transferred to the revocable trust.
• Footnotes: F1 = vesting/settlement of RSUs and dividend equivalents; F2 = transfer to the Revocable Living Trust was exempt from Section 16 under Rule 16a-13; F3 = shares are held by Richard James Dahl as trustee for the trust.
• Not a market sale or purchase — this was a compensation-related settlement and a nonmarket transfer to a trust.

Context
This transaction represents compensation (RSU vesting/settlement) rather than an open-market buy or sell. The subsequent transfer into a revocable living trust is an internal, nonmarket move and does not by itself indicate the insider's view on the stock. Purchases by insiders tend to be more informative about bullish sentiment; award vesting is a routine compensation event.