Form 4: Dine Brands Global Director Martha Poulter Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Director Martha Poulter reports acquiring dividend equivalent rights related to restricted stock units of Dine Brands Global, Inc.
Summary
- On April 4, 2025, Martha Poulter, a director of Dine Brands Global, Inc., acquired 111.745 dividend equivalent rights related to restricted stock units.
- These rights are economically equivalent to shares of common stock and accrue as dividends are paid on the underlying restricted stock units.
- The dividend equivalent rights vest proportionately with the restricted stock units and are subject to the same settlement and expiration terms.
- Following the transaction, Poulter directly owns 4,732.745 derivative securities.
- The price of the derivative security is $0.00.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing (Form 4) detailing a transaction by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the director's holdings.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Key Dates
| Date | Description |
|---|---|
| 04/04/2025 | Date of transaction: Martha Poulter acquired dividend equivalent rights. |
| 04/08/2025 | Date of signature on the Form 4 filing. |
Keywords
dividend equivalent rights, restricted stock units, Form 4, Dine Brands Global, beneficial ownership, director, Poulter, DIN
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