Dine Brands Global, Inc. (DIN) Form 8-K — Oct 29, 2026
$DINForm 8-KItems 1.01, 3.03, 5.03, 7.01, 9.01Filed Oct 29, 2026, 5:25 PM ET0001193125-26-438102Original filing
Dine Brands Global (NYSE: DIN) adopted a limited-duration stockholder rights agreement, or poison pill, on October 28, 2026, issuing one preferred share purchase right per common share to holders of record as of November 9, 2026. The pill was adopted in response to media reports about a significant open-market accumulation of Dine Brands stock and derivatives, and triggers at 10% beneficial ownership for non-passive investors (20% for passive investors), with an exercise price of $210 per Right and a flip-in providing a 50% discount.
Key figures
- Record Date
- 2026-11-09
- Expiration Date
- 2027-10-27
- Exercise Price Per Right
- 210
- Redemption Price Per Right
- 0.001
- Specified Percentage Passive
- 20%
- Specified Percentage Non Passive
- 10%
- Series APreferred Shares Designated
- 40000
- Grandfathering
- existing holders at or above Specified Percentage grandfathered
- Flip in discount
- 50%
- Rights per share
- one Right per share of common stock
AI analysis
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