Form 4: Dine Brands Global CEO John W. Peyton Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
John W. Peyton, CEO of Dine Brands Global, reports disposing of shares to cover tax withholding obligations related to vesting restricted stock.
Summary
- John W. Peyton, the CEO of Dine Brands Global, filed a Form 4 with the SEC.
- The report details the disposal of common stock to cover withholding obligations.
- On March 3, 2025, 2,229 shares were disposed of at a price of $23.98.
- On March 4, 2025, 2,383 shares were disposed of at a price of $23.47.
- Following these transactions, Peyton directly owns 100,326.205 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock disposals for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but it is unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Disposal of 2,229 shares of common stock at $23.98. |
| 03/04/2025 | Disposal of 2,383 shares of common stock at $23.47. |
| 03/05/2025 | Date of signature for the SEC filing. |
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