Form 4: Dine Brands Global Executive Tony E. Moralejo Reports Stock Transaction
SEC Form 4 Filing
Tony E. Moralejo, President of Applebee's at Dine Brands Global, reports the withholding of 1,053 common stock shares to cover tax obligations related to vesting restricted stock.
Summary
- On February 28, 2025, Tony E. Moralejo, President of Applebee's at Dine Brands Global, had 1,053 shares of common stock withheld by the issuer to satisfy withholding obligations.
- The shares were related to the vesting of restricted stock held by Mr. Moralejo.
- The transaction price was $25.08 per share.
- Following the transaction, Mr. Moralejo directly owns 22,208 shares of Dine Brands Global common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions, and does not contain information that would significantly impact sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of the stock transaction (withholding of shares). |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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