Tomovich Lilian 4
4 · Dine Brands Global, Inc. · Filed Jul 14, 2026
Research Summary
AI-generated summary of this filing
Dine Brands (DIN) Director Lilian Tomovich Receives Award
What Happened Lilian Tomovich, a director of Dine Brands Global, was awarded 19.242 dividend-equivalent rights (reported as a derivative award, transaction code A) on July 10, 2026. The reported acquisition price is $0.00 and the filing records the transaction value as $0. These rights represent dividend equivalents that accrue on underlying restricted stock units (RSUs) rather than a cash purchase.
Key Details
- Transaction date: 2026-07-10; Form 4 filed: 2026-07-14 (filing appears timely under the two-business-day rule for Form 4s).
- Transaction type/code: Grant/Award (A) — derivative dividend-equivalent rights.
- Shares/units acquired: 19.242 dividend-equivalent rights; reported price $0.00; reported value $0.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes:
- F1 — Each dividend equivalent right equals the economic equivalent of one share of common stock.
- F2 — These dividend equivalents accrued on the underlying RSUs, vest and settle on the same terms as those RSUs.
Context Dividend-equivalent rights tied to RSUs are a non-cash award representing payments equivalent to dividends on the underlying restricted stock units; they typically vest and are settled under the same schedule as the RSUs. Such derivative awards are administrative/compensation actions and do not necessarily signal a buy/sell decision by the insider.
Insider Transaction Report
- Award
Restricted Stock Units (Dividend Equivalent Rights)
[F1][F2]2026-07-10+19.242→ 3,635.649 total→ Common Stock (19.242 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.