Form 4: Dine Brands Global SVP Christine K. Son Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Christine K. Son, SVP, Legal, GC and Secretary of Dine Brands Global, Inc., reported disposing of shares to cover withholding tax obligations related to vesting restricted stock.
Summary
- On March 3, 2025, Christine K. Son, SVP, Legal, GC and Secretary of Dine Brands Global, Inc., disposed of 643 shares of common stock at a price of $23.98 to cover withholding tax obligations.
- Following this transaction, Ms. Son directly owns 21,743 shares of Dine Brands Global, Inc.
- On March 4, 2025, Ms. Son disposed of 466 shares of common stock at a price of $23.47 to cover withholding tax obligations.
- Following this transaction, Ms. Son directly owns 21,277 shares of Dine Brands Global, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The disposal of shares by an insider could have a minor negative impact on shareholder sentiment, but is likely insignificant given the reason for the disposal.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of first reported transaction: disposal of 643 shares of common stock. |
| 03/04/2025 | Date of second reported transaction: disposal of 466 shares of common stock. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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