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[Form 4] DENNY'S Corp Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

Denny's Corp (DENN) insider filing: Jumana Capital Investments LLC and Christopher R. Martin reported share acquisitions. On 10/21/2025, 704 shares of common stock were acquired at a weighted average price of $5.1943. On 11/03/2025, 250,000 shares were purchased in an open-market transaction at a weighted average price of $4.0813. Following these transactions, the reported beneficial ownership was 4,524,905 shares held in direct form.

The securities are owned directly by Jumana Capital; Mr. Martin, as Manager of Jumana Capital, may be deemed to beneficially own those securities. The filing notes the Reporting Persons were previously part of a Section 13(d) group that collectively beneficially owned more than 10% of the outstanding common stock; that group was terminated on November 4, 2025.

Positive
  • None.
Negative
  • None.

Insights

Significant holder increased position via open-market buy; prior 13(d) group terminated.

The filing shows **Jumana Capital Investments LLC** and **Christopher R. Martin** jointly reported two acquisitions of **DENNY'S Corp (DENN)** common stock. On 10/21/2025, 704 shares were acquired under code "L" (an exempt small acquisition). On 11/03/2025, **250,000** shares were purchased in the open market under code "P" at a weighted average price of $4.0813. Following these transactions, beneficial ownership reported stands at **4,524,905** shares, held directly by Jumana Capital.

The footnotes state the reporters were previously part of a Section 13(d) group that collectively owned over 10%, and that this group was terminated on 11/04/2025. The report disclaims beneficial ownership of other group members’ shares and limits ownership claims to pecuniary interest. This clarifies that the current filing reflects only the reporters’ direct and attributed holdings.

Key watch items: any subsequent Schedule 13 filings reflecting current beneficial ownership after group termination, further Form 4 activity indicating ongoing accumulation or disposition, and any governance disclosures if ownership thresholds are crossed in future periods. The near-term focus is on filings after 11/04/2025 to track post-group status.

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)
10/21/2025
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) 10/21/2025 L 704 A $5.1943(2) 4,274,905 D(3)
Common Stock, $0.01 par value(1) 11/03/2025 P 250,000 A $4.0813(4) 4,524,905 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
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 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.
2. Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.1942 to $5.1950, 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. Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.9731 to $4.1154, 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.
Jumana Capital Investments LLC, By: /s/ Christopher R. Martin, Manager 11/04/2025
/s/ Christopher R. Martin 11/04/2025
** 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 did DENN insiders report in this Form 4?

They reported acquisitions of common stock: 704 shares on 10/21/2025 at a weighted average of $5.1943 and 250,000 shares on 11/03/2025 at a weighted average of $4.0813.

Who are the reporting persons in the DENN Form 4?

The reporting persons are Jumana Capital Investments LLC and Christopher R. Martin.

How many DENN shares were beneficially owned after the reported transactions?

The filing shows 4,524,905 shares beneficially owned following the transactions.

Were the DENN shares acquired on the open market?

The 250,000 shares on 11/03/2025 were coded P, indicating an open‑market purchase at a weighted average price of $4.0813.

Who directly owns the reported DENN shares?

The shares are owned directly by Jumana Capital. Mr. Martin, as Manager, may be deemed to beneficially own those securities.

Did the reporting group’s 10% status change?

Yes. The filing states the prior Section 13(d) group that collectively held more than 10% was terminated on November 4, 2025.
Dennys Corp

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