Denny’s (DENN) insider buys reported; 6,600 call options sold
Rhea-AI Filing Summary
Jumana Capital Investments LLC and Christopher R. Martin filed a Form 4 for Denny’s Corp. They reported open-market purchases of common stock on 10/17/2025 (11,750 shares at a weighted average $4.9929, with trades from $4.9137 to $4.9996), 10/20/2025 (162,210 shares at $5.0475), and 10/21/2025 (9,347 shares at $5.1416). Following these trades, beneficial ownership is listed as 3,804,870 shares, held directly by Jumana Capital. The report also shows a derivative transaction on 10/21/2025: sale of 6,600 call options at $0.42 with a $5 strike expiring 11/21/2025, leaving 0 derivative securities held. Footnotes state Martin, as Manager of Jumana Capital, may be deemed a beneficial owner.
Positive
- None.
Negative
- None.
Insights
Form 4 shows open-market buying and call option sales; neutral impact.
The filing lists three purchases of DENN common stock on 10/17/2025, 10/20/2025, and 10/21/2025, with labeled prices and share amounts. Post-trade beneficial ownership is shown as 3,804,870 shares, held directly by Jumana Capital, with Mr. Martin potentially deemed a beneficial owner through his role.
On 10/21/2025, the reporting persons sold 6,600 call options at $0.42 with a $5 strike expiring 11/21/2025, and reported 0 derivative securities afterward. The filing characterizes the options as exchange-traded and exercisable up to the expiration date.
As a routine Section 16 disclosure, this is administratively informative. Actual market impact depends on holder decisions and broader trading activity; no forward guidance is included in the excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Call Option (right to buy) | 6,600 | $0.42 | $3K |
| Purchase | Common Stock, $0.01 par value | 9,347 | $5.1416 | $48K |
| Purchase | Common Stock, $0.01 par value | 162,210 | $5.0475 | $819K |
| Purchase | Common Stock, $0.01 par value | 11,750 | $4.9929 | $59K |
Footnotes (1)
- This Form 4 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 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 a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.9137 to $4.9996, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. 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 insider activity did DENN report on Form 4?
Open-market purchases on 10/17/2025 (11,750 shares at weighted avg $4.9929), 10/20/2025 (162,210 at $5.0475), and 10/21/2025 (9,347 at $5.1416), plus a sale of 6,600 call options on 10/21/2025.
Who filed the DENN Form 4?
Jumana Capital Investments LLC and Christopher R. Martin filed jointly. Footnotes state Mr. Martin, as Manager of Jumana Capital, may be deemed a beneficial owner.
What were the option details disclosed in the Form 4?
6,600 call options were sold on 10/21/2025 at $0.42 with a $5 strike, expiring on 11/21/2025; 0 derivative securities remained afterward.