Form 4: Denny's Corp Director Brenda J Lauderback Sells 11,145 Shares

Director Brenda J Lauderback sold 11,145 shares of Denny's Corp common stock at an average price of $7.3584 on May 22, 2024.

Summary

• On May 22, 2024, Brenda J Lauderback, a director of Denny's Corp, sold 11,145 shares of common stock.
• The sale was executed at a weighted average price of $7.3584 per share.
• Following the transaction, Lauderback directly owns 15,406 shares of Denny's Corp.
• The shares were sold in multiple transactions at prices ranging from $7.301 to $7.39, inclusive.

Sentiment

Score: 5

Explanation: This is a neutral event. A director selling shares doesn't necessarily indicate a negative outlook, but it's a transaction investors may want to be aware of.

Industry Context

This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the trading activities of company executives and directors.

Stakeholder Impact

• The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the size of the transaction relative to the company's overall market capitalization.

Key Dates