Dine Brands Global, Inc.·4

Jul 14, 4:20 PM ET

PASQUALE DOUGLAS M 4

Research Summary

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Dine Brands (DIN) Director Douglas M. Pasquale Receives Award

What Happened
Douglas M. Pasquale, a director of Dine Brands Global, received an award of 19.242 dividend-equivalent rights tied to restricted stock units on July 10, 2026. The reported acquisition price is $0.00 (derivative award), so no cash changed hands. This is an award/compensation event (transaction code A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-07-10; Filing date (Form 4): 2026-07-14 (filed within the standard 2 business-day window).
  • Instrument: Dividend equivalent rights related to underlying restricted stock units (derivative). Reported price: $0.00; total reported value: $0.
  • Amount: 19.242 dividend-equivalent rights (economic equivalents of 19.242 shares).
  • Post-transaction beneficial ownership: Not specified in the provided details.
  • Footnotes:
    • F1: Each dividend equivalent right equals the economic equivalent of one share of common stock.
    • F2: These rights accrued on the underlying RSUs as dividends are paid and vest proportionately with those RSUs; settlement and expiration follow the same terms as the related RSUs.

Context
Dividend-equivalent awards are a form of compensation tied to restricted stock units and do not reflect an outright market purchase or sale. Such grants are routine for directors and executives and are recorded as derivative awards until/if settled into shares. They should be interpreted as compensation disclosures rather than direct market sentiment indicators.