Form 4: Denny's Corp Director Jose M Gutierrez Reports Stock Transactions
SEC Form 4 Filing
Director Jose M Gutierrez reports acquisition and disposal of Denny's Corp stock and deferred stock units.
Summary
- Jose M Gutierrez, a director of Denny's Corp, reported transactions involving the company's stock.
- On May 16, 2024, 10,271 deferred stock units vested and converted to common stock.
- Also on May 16, 2024, Gutierrez disposed of 10,271 shares of common stock.
- On May 15, 2024, Gutierrez acquired 13,464 deferred stock units.
- Following these transactions, Gutierrez beneficially owns 62,380 shares of common stock and 92,699 deferred stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Acquisition of 13,464 Deferred Stock Units |
| 05/16/2024 | Vesting and conversion of 10,271 Deferred Stock Units to common stock |
| 05/16/2024 | Disposal of 10,271 shares of common stock |
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