Form 4: Dine Brands Global Director Susan Collyns Reports Stock Transaction
SEC Form 4 Filing
Director Susan Collyns reports the vesting and settlement of restricted stock units into Dine Brands Global common stock on March 1, 2024.
Summary
- On March 1, 2024, Susan Collyns, a director of Dine Brands Global, Inc., reported a transaction involving restricted stock units.
- The transaction involved the vesting and settlement of 1,663.475 restricted stock units, along with dividend equivalent rights, into shares of Dine Brands Global common stock.
- The price per share for the transaction was $49.06.
- Following the reported transaction, Collyns beneficially owns 6,325.601 shares of Dine Brands Global common stock directly.
Sentiment
Score: 5
Explanation: This is a neutral report of a standard transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it increases the number of shares outstanding by a small amount.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: vesting and settlement of restricted stock units. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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