Director at Dine Brands (NYSE: DIN) receives dividend-equivalent RSUs

Rhea-AI Filing Summary

Dine Brands Global, Inc. director Ryan Matthew T. reported an acquisition of dividend-equivalent restricted stock units linked to a prior equity award. He received 26.407 additional units, each economically equivalent to one share of common stock, bringing his directly held restricted stock units with dividend equivalents to 3,616.407.

These dividend-equivalent rights accrue when cash dividends are paid on the underlying common stock and follow the same vesting, settlement, and expiration terms as the original restricted stock units. The event reflects routine equity-based compensation rather than an open-market share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ryan Matthew T.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units (Dividend Equivalent Rights)	26.407	$0.00	--

Holdings After Transaction: Restricted Stock Units (Dividend Equivalent Rights) — 3,616.407 shares (Direct)

Footnotes (1)

1. Each dividend equivalent right is the economic equivalent of one share of common stock. 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.

Key Figures

Dividend-equivalent RSUs granted: 26.407 units RSUs with dividend equivalents after transaction: 3,616.407 units Transaction price per unit: 0.0000 +1 more

4 metrics

Dividend-equivalent RSUs granted 26.407 units Grant/award acquisition on April 10, 2026

RSUs with dividend equivalents after transaction 3,616.407 units Directly held following the reported acquisition

Transaction price per unit 0.0000 Non-cash grant of dividend-equivalent rights

Underlying common stock per unit 1 share equivalent Each dividend-equivalent right equals one common share economically

Key Terms

Restricted Stock Units (Dividend Equivalent Rights), dividend equivalent rights, underlying award of restricted stock units, underlying security title: Common Stock

4 terms

Restricted Stock Units (Dividend Equivalent Rights) financial

"security_title: "Restricted Stock Units (Dividend Equivalent Rights)""

dividend equivalent rights financial

"Represents dividend equivalent rights that accrued on the underlying award of restricted stock units."

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

underlying award of restricted stock units financial

"Represents dividend equivalent rights that accrued on the underlying award of restricted stock units."

underlying security title: Common Stock financial

"underlying_security_title: "Common Stock""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ryan Matthew T.

(Last) (First) (Middle)

10 WEST WALNUT STREET

5TH FLOOR

(Street)

PASADENA CALIFORNIA 91103

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Dine Brands Global, Inc. [ DIN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (Dividend Equivalent Rights)	(1)	04/10/2026		A		26.407		(2)	(2)	Common Stock	26.407	$0.00	3,616.407	D

Explanation of Responses:

1. Each dividend equivalent right is the economic equivalent of one share of common stock.

2. 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.

	/s/ Christine K. Son as attorney-in-fact for Matthew T. Ryan	04/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Dine Brands (DIN) director Ryan Matthew T. report in this Form 4?

He reported receiving 26.407 dividend-equivalent restricted stock units, tied to an existing restricted stock unit award. These units are economically equivalent to common shares and increase his directly held restricted stock units with dividend equivalents to 3,616.407 following the transaction.

Are the 26.407 units in the Dine Brands (DIN) Form 4 open-market share purchases?

No, the 26.407 units are dividend-equivalent rights attached to a prior restricted stock unit award, not open-market stock purchases. They accrue when dividends are paid on the underlying common stock and mirror the vesting and settlement terms of the original restricted stock units.

How do dividend-equivalent rights work for Dine Brands (DIN) restricted stock units?

Each dividend-equivalent right is economically equal to one common share and accrues when dividends are paid on the underlying stock. These rights vest proportionately with, and are settled or expire on the same terms as, the underlying restricted stock units they are linked to.

What is Ryan Matthew T.’s RSU-related position in Dine Brands (DIN) after this filing?

After receiving 26.407 dividend-equivalent restricted stock units, he directly holds 3,616.407 such units. These units represent rights linked to common stock that will vest, settle, or expire according to the same schedule as the original restricted stock unit award.

Does this Dine Brands (DIN) Form 4 indicate insider buying or selling of common stock?

It does not show open-market buying or selling. The filing reflects an acquisition coded as a grant or award of derivative securities, specifically dividend-equivalent restricted stock units, which function as additional compensation tied to a prior equity grant rather than market trades.