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.

Insights

Securities law analyst

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jumana Capital Investments LLC

(Last) (First) (Middle)

1717 SAINT JAMES PLACE, SUITE 335

(Street)

HOUSTON TX 77056

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DENNY'S Corp [ DENN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			See Footnote 1

3. Date of Earliest Transaction (Month/Day/Year)
10/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.01 par value(1)	10/17/2025		P		11,750	A	$4.9929(2)	3,633,313	D(3)
Common Stock, $0.01 par value(1)	10/20/2025		P		162,210	A	$5.0475	3,795,523	D(3)
Common Stock, $0.01 par value(1)	10/21/2025		P		9,347	A	$5.1416	3,804,870	D(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Call Option (right to buy)	$5	10/21/2025		S			6,600	(4)	11/21/2025	Common Stock, $0.01 par value	660,000	$0.42	0	D(3)

1. Name and Address of Reporting Person^*

Jumana Capital Investments LLC

(Last) (First) (Middle)

1717 SAINT JAMES PLACE, SUITE 335

(Street)

HOUSTON TX 77056

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			See Footnote 1

1. Name and Address of Reporting Person^*

Martin Christopher Ross

(Last) (First) (Middle)

1717 SAINT JAMES PLACE, SUITE 335

(Street)

HOUSTON TX 77056

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			See Footnote 1

Explanation of Responses:

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.

2. 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.

3. 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.

4. Exchange traded options that are exercisable at any time up to and including the expiration date.

	Jumana Capital Investments LLC, By: /s/ Christopher R. Martin, Manager	10/21/2025
	/s/ Christopher R. Martin	10/21/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many DENN shares are listed as beneficially owned after the transactions?

The filing shows 3,804,870 shares beneficially owned following the reported transactions, held directly by Jumana Capital.

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.

Were the 10/17/2025 share purchases at a single price?

No. The weighted average price was $4.9929, with trades ranging from $4.9137 to $4.9996, per the footnote.

Are the reported shares owned directly by the individual or an entity?

The shares are reported as owned directly by Jumana Capital; Mr. Martin’s beneficial ownership is based on his role as Manager, as stated in the footnote.