Form 4: Dine Brands Global Director Douglas Pasquale Reports Stock Vesting and Settlement
SEC Form 4 Filing
Director Douglas M. Pasquale reports the vesting and settlement of restricted stock units and dividend equivalent rights into Dine Brands Global common stock.
Summary
- On February 28, 2025, Douglas M. Pasquale, a director of Dine Brands Global, Inc., reported a transaction involving the vesting and settlement of 2,787.313 restricted stock units and dividend equivalent rights into shares of common stock.
- The transaction was executed at a price of $25.08 per share.
- Following the transaction, Pasquale directly owns 2,787.313 shares of common stock and indirectly owns 17,235 shares through the Pasquale Living Trust.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock vesting, neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| October 17, 2007 | Date of the Pasquale Living Trust |
| February 28, 2025 | Date of the stock vesting and settlement transaction |
| March 04, 2025 | Date of the signature on the Form 4 filing |
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