Denny’s ownership update: JCP-affiliated filings and >10% status change
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Denny’s Corp (DENN): Ownership disclosure by JCP-affiliated group. JCP Investment entities and James C. Pappas filed a joint Section 16 report showing indirect beneficial ownership of 455,717 shares by JCP Investment Partnership, LP and 373,774 shares in accounts managed by JCP Investment Management, LLC. The filers note they were part of a Section 13(d) group that, as of October 17, 2025, collectively held over 10% of Denny’s common stock. They further state that, as of October 21, 2025, the group no longer collectively owns more than 10%.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
JCP Investment Management, LLC, JCP Investment Partnership, LP, JCP Investment Partners, LP, JCP Investment Holdings, LLC, Pappas James C
Role
Insider | Insider | Insider | Insider | Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, $0.01 par value | -- | -- | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 455,717 shares (Indirect, By: JCP Investment Partnership, LP)
Footnotes (1)
- This Form 3 is filed jointly by JCP Investment Partnership, LP ("JCP Partnership"), JCP Investment Partners, LP ("JCP Partners"), JCP Investment Holdings, LLC ("JCP Holdings"), JCP Investment Management, LLC ("JCP Management") and James C. Pappas (collectively, the "Reporting Persons"). Each of the Reporting Persons are members of a Section 13(d) group that as of October 17, 2025 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 shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein. As of October 21, 2025, the Schedule 13(d) group no longer collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Represents shares of Common Stock owned directly by JCP Partnership. JCP Partners, as the general partner of JCP Partnership, may be deemed to beneficially own the shares of Common Stock owned directly by JCP Partnership. JCP Holdings, as the general partner of JCP Partners, may be deemed to beneficially own the shares of Common Stock owned directly by JCP Partnership. JCP Management, as the investment manager of JCP Partnership, may be deemed to beneficially own the shares of Common Stock owned directly by JCP Partnership. Mr. Pappas, as the managing member of JCP Management and the sole member of JCP Holdings, may be deemed to beneficially own the shares of Common Stock owned directly by JCP Partnership. Represents shares of Common Stock held in certain accounts managed by JCP Management (the "JCP Accounts"). JCP Management, as the investment manager of the JCP Accounts, may be deemed to beneficially own the shares of Common Stock held in the JCP Accounts. Mr. Pappas, as the managing member of JCP Management, may be deemed to beneficially own the shares of Common Stock held in the JCP Accounts.
