Form 4: Denny's Corp Director Gregg Dedrick Reports Stock Transactions

Director Gregg Dedrick reports acquisition and disposal of Denny's Corp stock and deferred stock units.

Summary

• On May 16, 2024, Director Gregg Dedrick acquired 10,271 shares of Denny's Corp common stock upon the vesting and conversion of deferred stock units granted in 2021.
• These deferred stock units vested on May 16, 2024, the first anniversary of the grant date, under the Denny's Corporation 2021 Omnibus Incentive Plan.
• As of May 16, 2024, Dedrick directly owns 104,991 shares of Denny's Corp common stock.
• Additionally, Dedrick holds 52,774 deferred stock units.
• On May 15, 2024, Dedrick acquired 13,464 deferred stock units that vest on January 15, 2026.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It assures stakeholders that transactions are being reported in compliance with regulations.

Key Dates