Form 4: Dine Brands Global CEO John W. Peyton Reports Share Withholding for Tax Obligations

John W. Peyton, CEO of Dine Brands Global, reports the withholding of shares to cover tax obligations related to vesting restricted stock.

Summary

• On February 28, 2025, John W. Peyton, the CEO of Dine Brands Global, had 4,427 shares of common stock withheld by the issuer to satisfy withholding obligations related to the vesting of restricted stock.
• The price per share for the withholding was $25.08.
• Following the transaction, Peyton directly owns 104,938.205 shares of Dine Brands Global.
• The report also includes an adjustment to reflect 2,225 shares of Common Stock purchased by the Reporting Person on November 6, 2023 and timely reported on Form 4 filed by the Reporting Person on November 7, 2023, which were inadvertently omitted from the Reporting Persons' most recent Form 4 reporting a transaction in Common Stock, filed on March 5, 2024.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation and tax obligations, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, not a direct sale on the open market.

Key Dates