Form 4: Denny's Corp Executive Jay C Gilmore Acquires 12,000 Shares

Jay C Gilmore, Sr. VP, CAO & Corp. Controller of Denny's Corp, purchased 12,000 shares of common stock at $6.5098 per share on June 14, 2024.

Summary

• On June 14, 2024, Jay C Gilmore, a Senior VP, CAO & Corp. Controller at Denny's Corp, acquired 12,000 shares of common stock.
• The purchase price was $6.5098 per share.
• Following the transaction, Gilmore directly owns 121,227 shares of Denny's Corp common stock.
• Gilmore also has 30,123 fully vested performance shares and restricted stock units that have been previously deferred under the Denny's, Inc. Deferred Compensation Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. An executive purchasing shares is generally a good sign, but the document is simply a report of the transaction.

Positives

• Executive's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Insider trading activity is often monitored by investors as it can provide insights into a company's performance and future prospects. Purchases by executives may be seen as a positive sign.

Stakeholder Impact

• The purchase could positively influence shareholder sentiment.

Key Dates