DENN insiders file Form 3 with 3.62M shares, $5 options
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Denny’s Corp (DENN): Initial insider ownership reported. Jumana Capital Investments LLC and Christopher R. Martin jointly filed a statement of beneficial ownership. They report 3,621,563 shares of common stock held directly, and exchange-traded options tied to Denny’s shares.
Disclosed derivatives include call options for 660,000 shares (exercise price $5, expiring 11/21/2025) and 50,000 shares ($5, expiring 02/20/2026), plus put options for 120,000 shares ($5, expiring 02/20/2026) and 2,150,000 shares ($5, expiring 05/15/2026). The filers state they are members of a Section 13(d) group that collectively owns more than 10% and disclaim beneficial ownership beyond their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Jumana Capital Investments LLC, Martin Christopher Ross
Role
Insider | Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Call Option (right to buy) | -- | -- | -- |
| 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) — 660,000 shares (Direct);
Put Option (obligation to buy) — 120,000 shares (Direct);
Common Stock, $0.01 par value — 3,621,563 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 are members of a Section 13(d) group that collectively beneficially owns 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 DENN insiders report in this filing?
Jumana Capital Investments LLC and Christopher R. Martin filed an initial statement listing 3,621,563 common shares and several $5 exchange-traded options with stated expirations.
What call options are disclosed in the DENN filing?
Call options on 660,000 shares (expiring 11/21/2025) and 50,000 shares (expiring 02/20/2026), each with a $5 exercise price.
What put options are disclosed in the DENN filing?
Put options on 120,000 shares (expiring 02/20/2026) and 2,150,000 shares (expiring 05/15/2026), each with a $5 exercise price.
Who are the reporting persons for Denny’s (DENN)?
The filing lists Jumana Capital Investments LLC and Christopher R. Martin as joint reporting persons.
Does the filing indicate 10% ownership of DENN?
It states the reporting persons are part of a Section 13(d) group that collectively beneficially owns more than 10% of DENN’s outstanding common stock.