Jumana Capital & C.R. Martin file Form 3; options on 2,320,000 shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
DENNY'S Corp (DENN): Jumana Capital Investments LLC and Christopher R. Martin filed a joint Form 3 reflecting initial beneficial ownership. Jumana Capital directly holds 4,274,201 shares of common stock. The filing also lists exchange‑traded options: a call on 50,000 shares at $5 expiring 02/20/2026, and puts on 120,000 shares at $5 expiring 02/20/2026 and 2,150,000 shares at $5 expiring 05/15/2026. The Reporting Persons note a prior Section 13(d) group that was terminated on 11/04/2025 and disclaim beneficial ownership beyond their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Jumana Capital Investments LLC, Martin Christopher Ross
Role
Insider | Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Call Option (right to buy) | -- | -- | -- |
| holding | Put Option (obligation to buy) | -- | -- | -- |
| holding | Put Option (obligation to buy) | -- | -- | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Call Option (right to buy) — 50,000 shares (Direct);
Put Option (obligation to buy) — 120,000 shares (Direct);
Common Stock, $0.01 par value — 4,274,201 shares (Direct)
Footnotes (1)
- This Form 3 is filed jointly by Jumana Capital Investments LLC ("Jumana Capital") and Christopher R. Martin (collectively, the "Reporting Persons"). Each of the Reporting Persons were previously members of a Section 13(d) group (such group was terminated on November 4, 2025) that previously collectively beneficially owned more than 10% of the Issuer's outstanding shares of Common Stock. The Reporting Persons disclaim beneficial ownership of the securities of the Issuer owned directly by other members of the Section 13(d) group and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose. Further, each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. Represents securities owned directly by Jumana Capital. Mr. Martin, as Manager of Jumana Capital, may be deemed to beneficially own the securities owned directly by Jumana Capital. Exchange traded options that are exercisable at any time up to and including the expiration date.
FAQ
What did Jumana Capital report in DENN’s Form 3?
They reported direct beneficial ownership of 4,274,201 DENN common shares and listed certain exchange‑traded options.
What derivative positions were disclosed for DENN?
A call on 50,000 shares at $5 expiring 02/20/2026, and puts on 120,000 shares at $5 expiring 02/20/2026 and 2,150,000 shares at $5 expiring 05/15/2026.
Who are the reporting persons in this DENN filing?
Jumana Capital Investments LLC and Christopher R. Martin filed jointly.
Do the reporting persons claim full beneficial ownership of all securities?
No. They disclaim beneficial ownership beyond their pecuniary interest and of securities owned by former group members.
What is the event date for this Form 3?
The date of the event requiring the statement is 10/21/2025.