secwatch / observer

Dine Brands Global, Inc. — fact timeline

Source-grounded facts extracted from Dine Brands Global, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

DIN Dine Brands Global, Inc. JSON

Lawrence Y. Kim was appointed as Chief Commercial Officer at Dine Brands Global, Inc..

“appointed Lawrence Y. Kim, President, IHOP Business Unit, to the additional position of Chief Commercial Officer of the Corporation, effective as of June 1, 2026.”
Shareholder Votes

Dine Brands Global, Inc. shareholders rejected Stockholder Proposal Regarding the Right of Stockholders to Call a Special Meeting of Stockholders at a 15% Ownership Threshold at the 2026-05-14 meeting.

“Proposal Five: Stockholder Proposal Regarding the Right of Stockholders to Call a Special Meeting of Stockholders at a 15% Ownership Threshold. The stockholders did not approve the right of stockholders to call a special meeting of stockholders at a 15% ownership threshold. The voting results are set forth below:”
Shareholder Votes

Dine Brands Global, Inc. shareholders approved Approval, on an Advisory Basis, to Provide Stockholders the Right to Call a Special Meeting of the Stockholders at a 25% Ownership Threshold at the 2026-05-14 meeting.

“Proposal Four: Approval, on an Advisory Basis, to Provide Stockholders the Right to Call a Special Meeting of the Stockholders at a 25% Ownership Threshold. The stockholders approved, on an advisory basis, the right of stockholders to call a special meeting of the stockholders at a 25% ownership threshold. The voting results are set forth below:”
Shareholder Votes

Dine Brands Global, Inc. shareholders approved Approval, on an Advisory Basis, of the Compensation of the Corporation's Named Executive Officers at the 2026-05-14 meeting.

“Proposal Three: Approval, on an Advisory Basis, of the Compensation of the Corporation’s Named Executive Officers. The stockholders approved, on an advisory basis, the compensation of the Corporation’s named executive officers as disclosed in the Proxy Statement. The voting results are set forth below:”
Shareholder Votes

Dine Brands Global, Inc. shareholders approved Ratification of the Appointment of KPMG LLP as the Corporation's Independent Auditor for the 2026 Fiscal Year at the 2026-05-14 meeting.

“Proposal Two: Ratification of the Appointment of KPMG LLP as the Corporation’s Independent Auditor for the 2026 Fiscal Year. The stockholders ratified the appointment of KPMG LLP as independent auditor of the Corporation for the 2026 fiscal year. The voting results are set forth below:”
Shareholder Votes

Dine Brands Global, Inc. shareholders approved Election of Directors at the 2026-05-14 meeting.

“Proposal One: Election of Directors. The nominees listed below were elected to serve as directors for a one-year term with the respective votes set forth opposite their names:”
Earnings Releases

Dine Brands Global, Inc. reported first quarter of fiscal year 2026 results: net income 11.1 million, EPS 0.88.

“quarter of 2026 was reported as $13.5 million and adjusted earnings per diluted share was reported as $1.07. The correct adjusted net income for the first quarter of 2026 is $11.1 million and the correct adjusted earnings per diluted share is $0.88. A press release reflecting these corrections is attached hereto as Exhibit 99.1 and is incorporated herein by”
Earnings Releases

Dine Brands Global, Inc. reported the first quarter of fiscal year 2026 results: revenue $225.2 million, net income $7.2 million, EPS $0.57.

“Total revenues for the first quarter of 2026 were $225.2 million compared to $214.8 million for the first quarter of 2025.”
Auditor Changes

Dine Brands Global, Inc. engaged KPMG LLP as its auditor.

“the Audit Committee approved the engagement of KPMG LLP (“KPMG”) as the Corporation’s independent registered public accounting firm”
Auditor Changes

Dine Brands Global, Inc. dismissed Ernst & Young LLP as its auditor.

“dismissed Ernst & Young LLP (“EY”) as the Corporation’s independent registered public accounting firm”
Debt Financings

Dine Brands Global, Inc. incurred revolving credit of up to $325 million at Term SOFR Rate plus 2.50% or base rate plus 2.00% maturing June 2030 (anticipated repayment), subject to extensions.

“entered into a revolving financing facility, the Class A-1 Notes, that allows for drawings up to $325 million of variable funding notes and the issuance of letters of credit.”
Debt Financings

Dine Brands Global, Inc. incurred senior notes of $600 million at 6.720% maturing June 2055 (legal final), anticipated June 2030.

“issued the Series 2025-1 6.720% Fixed Rate Senior Secured Notes, Class A-2 (the “Class A-2 Notes”) in an initial aggregate principal amount of $600 million.”

John W. Peyton changed role as Interim President, Applebee’s Business Unit at Dine Brands Global, Inc..

“Until a successor is appointed, John W. Peyton, Chief Executive Officer of the Corporation, will also serve as Interim President, Applebee’s Business Unit.”

Tony E. Moralejo departed as President, Applebee’s Business Unit at Dine Brands Global, Inc..

“On February 5, 2025, Dine Brands Global, Inc., a Delaware corporation (the “Corporation”), announced Tony E. Moralejo, President, Applebee’s Business Unit, will be departing his current role with the Corporation, effective as of March 4, 2025.”

Lawrence Y. Kim was appointed as President, IHOP Business Unit at Dine Brands Global, Inc..

“Upon Mr. Johns’ retirement, Lawrence Y. Kim will serve as President, IHOP Business Unit.”

Jay D. Johns retired as President, IHOP Business Unit at Dine Brands Global, Inc..

“On September 20, 2024, Jay D. Johns, President, IHOP Business Unit, of Dine Brands Global, Inc., a Delaware corporation (the “Corporation”), notified the Corporation of his retirement, effective January 6, 2025.”
Shareholder Votes

Dine Brands Global, Inc. shareholders rejected A Stockholder Proposal Regarding Group-Housed Pork at the 2024-05-14 meeting.

“Proposal Five: A Stockholder Proposal Regarding Group-Housed Pork. The stockholders did not approve the proposal regarding group-housed pork. The voting results are set forth below: For Against Abstain Broker Non-Votes 3,221,538 8,630,597 287,325 1,480,210”
Shareholder Votes

Dine Brands Global, Inc. shareholders rejected A Stockholder Proposal Regarding Climate Change Policies and Climate Change Risk Disclosures at the 2024-05-14 meeting.

“Proposal Four: A Stockholder Proposal Regarding Climate Change Policies and Climate Change Risk Disclosures. The stockholders did not approve the proposal regarding climate change policies and climate change risk disclosures. The voting results are set forth below: For Against Abstain Broker Non-Votes 4,784,535 7,081,598 273,327 1,480,210”
Shareholder Votes

Dine Brands Global, Inc. shareholders approved Approval, on an Advisory Basis, of the Compensation of the Corporation's Named Executive Officers at the 2024-05-14 meeting.

“Proposal Three: Approval, on an Advisory Basis, of the Compensation of the Corporation's Named Executive Officers. The stockholders approved, on an advisory basis, the compensation of the Corporation's named executive officers as disclosed in the Proxy Statement. The voting results are set forth below: For Against Abstain Broker Non-Votes 11,175,494 925,090 38,875 1,480,210”
Shareholder Votes

Dine Brands Global, Inc. shareholders approved Ratification of the Appointment of Ernst & Young LLP as the Corporation's Independent Auditor for the 2024 Fiscal Year at the 2024-05-14 meeting.

“Proposal Two: Ratification of the Appointment of Ernst & Young LLP as the Corporation's Independent Auditor for the 2024 Fiscal Year. The stockholders ratified the appointment of Ernst & Young LLP as independent auditor of the Corporation for the 2024 fiscal year. The voting results are set forth below: For Against Abstain Broker Non-Votes 13,439,797 166,246 13,627 0”
Shareholder Votes

Dine Brands Global, Inc. shareholders approved Election of Directors at the 2024-05-14 meeting.

“Proposal One: Election of Directors. The nominees listed below were elected to serve as directors for a one-year term with the respective votes set forth opposite their names: For Against Abstain Broker Non-Votes Howard M. Berk 10,651,188 1,451,360 36,912 1,480,210 Richard J. Dahl 11,526,051 577,084 36,325 1,480,210 Michael C. Hyter 11,863,364 239,726 36,370 1,480,210 Caroline W. Nahas 10,518,104 1,585,206 36,150 1,480,210 Douglas M. Pasquale 11,702,016 417,767 19,677 1,480,210 John W. Peyton 11,856,609 244,803 38,048 1,480,210 Martha C. Poulter 11,984,999 118,445 36,016 1,480,210 Matthew T. Ryan 12,032,307 70,885 36,268 1,480,210 Arthur F. Starrs 11,997,543 104,997 36,920 1,480,210 Lilian C. Tomovich 10,738,266 1,365,244 35,950 1,480,210”
Earnings Releases

Dine Brands Global, Inc. reported the first quarter of fiscal year 2024 results: revenue $206.2 million, net income $17.0 million, EPS $1.13.

“Total revenues for the first quarter of 2024 were $206.2 million”
Earnings Releases

Dine Brands Global, Inc. reported financial results for fourth quarter and fiscal year 2023.

“On February 28, 2024, Dine Brands Global, Inc., a Delaware corporation (the “Corporation”), issued a press release announcing its fourth quarter and fiscal year 2023 financial results.”

Matthew T. Ryan was elected as director at Dine Brands Global, Inc..

“elected Matthew T. Ryan to fill the newly-created directorship, effective immediately.”

Susan M. Collyns resigned as director at Dine Brands Global, Inc..

“On December 4, 2023, Dine Brands Global, Inc., a Delaware corporation (the “Corporation”) announced the resignation of Susan M. Collyns from the board of directors (the “Board”) of the Corporation, effective March 31, 2024.”
Earnings Releases

Dine Brands Global, Inc. reported third quarter of fiscal 2023 results: revenue $202.6 million, net income $18.5 million, EPS $1.19. Guidance lowered.

“19.5% of sales mix, representing per restaurant average weekly sales of approximately $7,400. Third Quarter of 2023 Summary • Total revenues for the third quarter of 2023 were $202.6 million compared to $233.2 million for the third quarter of 2022. The decline was primarily due to the refranchising of the 69 company-operated Applebee’s units in October 2022 and the”
Governance Changes

Dine Brands Global, Inc.: Adopted amended and restated bylaws with updates including remote communication for meetings, proxy mechanics, enhanced stockholder nomination and proposal procedures, and other ministerial changes (effective 2023-09-06).

“On September 6, 2023, the board of directors (the “Board”) of Dine Brands Global, Inc. (the “Company”) adopted amended and restated bylaws of the Company (the bylaws, as so amended and restated, the “Amended and Restated Bylaws”), effective immediately.”
Governance Changes

Dine Brands Global, Inc.: Corresponding amendment to bylaws to eliminate supermajority stockholder approval requirement for amendments to specified bylaw provisions (effective 2023-05-15).

“On February 16, 2023, the Board of Directors of the Corporation approved an amendment to the Restated Certificate of Incorporation of the Corporation (the “Charter”) and a corresponding amendment to the Amended and Restated Bylaws of the Corporation (the “A&R Bylaws”) to eliminate the supermajority stockholder approval requirement for amendments to specified bylaw provisions, subject to the approval by stockholders at the Annual Meeting and the due and appropriate filing of an Amended and Restated Certificate of Incorporation (the “A&R Charter”) with the Delaware Secretary of State.”
Governance Changes

Dine Brands Global, Inc.: Eliminated supermajority stockholder approval requirement for amendments to specified bylaw provisions (effective 2023-05-15).

“On February 16, 2023, the Board of Directors of the Corporation approved an amendment to the Restated Certificate of Incorporation of the Corporation (the “Charter”) and a corresponding amendment to the Amended and Restated Bylaws of the Corporation (the “A&R Bylaws”) to eliminate the supermajority stockholder approval requirement for amendments to specified bylaw provisions, subject to the approval by stockholders at the Annual Meeting and the due and appropriate filing of an Amended and Restated Certificate of Incorporation (the “A&R Charter”) with the Delaware Secretary of State.”
Shareholder Votes

Dine Brands Global, Inc. shareholders rejected A Stockholder Proposal Requesting that the Corporation Produce a Report Relating to the Corporation's Cage-Free Egg Commitment at the 2023-05-11 meeting.

“Proposal Seven: A Stockholder Proposal Requesting that the Corporation Produce a Report Relating to the Corporation's Cage-Free Egg Commitment. The stockholders did not approve the proposal requesting that the Corporation produce a report relating to the Corporation's cage-free egg commitment. The voting results are set forth below: For Against Abstain Broker Non-Votes 1,150,074 11,757,511 317,714 958,626”
Shareholder Votes

Dine Brands Global, Inc. shareholders rejected Approval and Adoption of an Amendment to the Charter to Provide for the Exculpation of Officers as Permitted by Delaware Law at the 2023-05-11 meeting.

“Proposal Six: Approval and Adoption of an Amendment to the Charter to Provide for the Exculpation of Officers as Permitted by Delaware Law. The stockholders did not approve the amendment to the Charter to provide for the exculpation of officers as permitted by Delaware law. The voting results are set forth below: For Against Abstain Broker Non-Votes 12,098,328 1,102,950 24,021 958,626”
Shareholder Votes

Dine Brands Global, Inc. shareholders approved Approval and Adoption of an Amendment to the Dine Brands Global, Inc. Restated Certificate of Incorporation (the 'Charter') to Eliminate the Supermajority Stockholder Approval Requirement for Amendments to Specified Bylaw Provisions at the 2023-05-11 meeting.

“Proposal Five: Approval and Adoption of an Amendment to the Dine Brands Global, Inc. Restated Certificate of Incorporation (the "Charter") to Eliminate the Supermajority Stockholder Approval Requirement for Amendments to Specified Bylaw Provisions. The stockholders approved and adopted the amendment to the Charter to eliminate the supermajority stockholder approval requirement for amendments to specified bylaw provisions. The voting results are set forth below: For Against Abstain Broker Non-Votes 13,161,569 46,312 17,418 958,626”
Shareholder Votes

Dine Brands Global, Inc. shareholders approved Approval, on an Advisory Basis, of the Frequency of the Advisory Vote on the Compensation of the Corporation's Named Executive Officers at the 2023-05-11 meeting.

“Proposal Four: Approval, on an Advisory Basis, of the Frequency of the Advisory Vote on the Compensation of the Corporation's Named Executive Officers. The stockholders approved, on an advisory basis, a frequency of ONE YEAR for the advisory vote on the compensation of the Corporation's named executive officers. Based on these results, the Company will continue to hold an annual advisory vote on the compensation of the named executive officers until the next required vote on the frequency of shareholder votes on the compensation of named executive officers. The voting results are set forth below: One Year Two Years Three Years Abstain Broker Non-Votes 12,968,637 11,679 226,741 18,242 958,626”
Shareholder Votes

Dine Brands Global, Inc. shareholders approved Approval, on an Advisory Basis, of the Compensation of the Corporation's Named Executive Officers at the 2023-05-11 meeting.

“Proposal Three: Approval, on an Advisory Basis, of the Compensation of the Corporation's Named Executive Officers. The stockholders approved, on an advisory basis, the compensation of the Corporation's named executive officers as disclosed in the Proxy Statement. The voting results are set forth below: For Against Abstain Broker Non-Votes 12,514,761 691,910 18,628 958,626”
Shareholder Votes

Dine Brands Global, Inc. shareholders approved Ratification of the Appointment of Ernst & Young LLP as the Corporation's Independent Auditor for the 2023 Fiscal Year at the 2023-05-11 meeting.

“Proposal Two: Ratification of the Appointment of Ernst & Young LLP as the Corporation's Independent Auditor for the 2023 Fiscal Year. The stockholders ratified the appointment of Ernst & Young LLP as independent auditor of the Corporation for the 2023 fiscal year. The voting results are set forth below: For Against Abstain Broker Non-Votes 14,087,717 82,704 13,504 0”
Shareholder Votes

Dine Brands Global, Inc. shareholders approved Election of Directors at the 2023-05-11 meeting.

“Proposal One: Election of Directors. The nominees listed below were elected to serve as directors for a one-year term with the respective votes set forth opposite their names: For Against Abstain Broker Non-Votes Howard M. Berk 12,827,342 385,707 12,250 958,626 Susan M. Collyns 13,066,915 146,480 11,904 958,626 Richard J. Dahl 12,769,574 442,951 12,774 958,626 Michael C. Hyter 13,014,767 197,791 12,741 958,626 Caroline W. Nahas 12,542,091 671,084 12,124 958,626 Douglas M. Pasquale 12,659,707 552,765 12,827 958,626 John W. Peyton 13,006,064 207,873 11,362 958,626 Martha C. Poulter 13,063,539 149,829 11,931 958,626 Arthur F. Starrs 13,085,269 127,110 12,920 958,626 Lilian C. Tomovich 12,982,058 232,108 11,133 958,626”
Earnings Releases

Dine Brands Global, Inc. reported first quarter of fiscal 2023 results: revenue $214 million, net income $27.4 million, EPS $1.74 per diluted share. Guidance reaffirmed.

“Total revenues for the first quarter of 2023 were $214 million compared to $230 million for the first quarter of 2022.”
Debt Financings

Dine Brands Global, Inc. incurred senior notes of $500 million with Citibank, N.A. at 7.824% maturing March 2053.

“issued the Series 2023-1 7.824% Fixed Rate Senior Secured Notes, Class A-2 (the “New Notes”) in an initial aggregate principal amount of $500 million”
Material Agreements

Dine Brands Global, Inc. amended Management Agreement with Citibank, N.A. (effective 2023-04-17).

“On the Closing Date, the Corporation also entered into an amendment and restatement of that certain Management Agreement, dated September 30, 2014, as previously amended and restated on September 5, 2018 and June 5, 2019, a copy of which, as so amended and restated, is attached hereto as Exhibit 10.1, among the Corporation, the Securitization Entities, Applebee’s Services, Inc., International House of Pancakes, LLC and the Trustee”
Material Agreements

Dine Brands Global, Inc. entered into Second Amended and Restated Base Indenture with Citibank, N.A. valued at $500 million (effective 2023-04-17).

“On April 17, 2023 (the “Closing Date”), Applebee’s Funding LLC and IHOP Funding LLC (the “Co-Issuers”), each a special purpose, wholly-owned indirect subsidiary of Dine Brands Global, Inc., a Delaware corporation (the “Corporation”), issued the Series 2023-1 7.824% Fixed Rate Senior Secured Notes, Class A-2 (the “New Notes”) in an initial aggregate principal amount of $500 million.”
Material Agreements

Dine Brands Global, Inc. entered into Purchase Agreement valued at $500 million (effective 2023-03-29).

“On March 29, 2023, Dine Brands Global, Inc., a Delaware corporation (the “Corporation”), and certain subsidiaries of the Corporation entered into a Purchase Agreement (the “Purchase Agreement”), pursuant to which two special purpose subsidiaries of the Corporation have agreed to jointly issue and sell Series 2023-1 7.824% Fixed Rate Senior Secured Notes, Class A-2 (the “New Notes”) in an initial aggregate principal amount of $500 million.”
Earnings Releases

Dine Brands Global, Inc. reported financial results for fourth quarter and fiscal 2022.

“On March 1, 2023, Dine Brands Global, Inc., a Delaware corporation (the “Corporation”), issued a press release announcing its fourth quarter and fiscal 2022 financial results.”

Tony E. Moralejo was appointed as President, Applebee's Business Unit at Dine Brands Global, Inc..

“Tony E. Moralejo, age 58, will serve as President, Applebee's Business Unit, effective January 6, 2023.”

John C. Cywinski resigned as President, Applebee's Business Unit at Dine Brands Global, Inc..

“accepted the resignation of its President, Applebee's Business Unit, John C. Cywinski, effective January 6, 2023.”
Earnings Releases

Dine Brands Global, Inc. reported third quarter of 2022 results: revenue $233.2 million, EPS $1.32. Guidance reaffirmed.

“Total revenues for the third quarter of 2022 were $233.2 million”

Martha C. Poulter was appointed as Director at Dine Brands Global, Inc..

“Also on August 23, 2021, the Board of Directors appointed Martha C. Poulter as a director of the Corporation and as a member of the Audit Committee, in each case effective as of September 1, 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.