Kelli Valade - 16 Jan 2026 Form 4 Insider Report for DENNY'S Corp (DENN)

Reporting relationship: CEO, Director
Issuer ticker: DENN
Reported as of: 16 Jan 2026
Net transaction value: -$4,525,062
SEC form: 4
Accepted by SEC: 20 Jan 2026, 17:31:16 UTC
Prior SEC filing: 02 Jan 2026
Source filing: View source filing
Reporting owner signature: /s/ Gail Sharps Myers, Attorney-in-Fact

Key filing fact

Kelli Valade filed Form 4 for DENNY'S Corp (DENN) on 20 Jan 2026.

Key facts

This page summarizes Kelli Valade's Form 4 filing for DENNY'S Corp (DENN).
7 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 20 Jan 2026, 17:31.

Change

Previous filing in this sequence was filed on 02 Jan 2026.
Current net transaction value: -$4,525,062.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001508054 Primary reporting owner

Valade Kelli

Relationship: CEO, Director
Address: DENNY'S CORPORATION, 203 EAST MAIN STREET, SPARTANBURG
Signature: /s/ Gail Sharps Myers, Attorney-in-Fact
Signature date: 20 Jan 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DENN transaction

Common Stock

Disposed to Issuer

Transaction value: $2,196,019
Shares: -351,363
Change %: -100%
Price: $6.25
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Footnotes: F1

DENN transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +210,677
Change %
Price: $0.000000
Shares after: 210,677
Date: 16 Jan 2026
Ownership: Direct
Footnotes: F1, F2

DENN transaction

Common Stock

Disposed to Issuer

Transaction value: $1,316,731
Shares: -210,677
Change %: -100%
Price: $6.25
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Footnotes: F1, F2

DENN transaction

Common Stock

Award

Transaction value: $0
Shares: +161,970
Change %
Price: $0.000000
Shares after: 161,970
Date: 16 Jan 2026
Ownership: Direct
Footnotes: F1, F3

DENN transaction

Common Stock

Disposed to Issuer

Transaction value: $1,012,312
Shares: -161,970
Change %: -100%
Price: $6.25
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Footnotes: F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DENN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -47,691
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 47,691
Exercise price
Footnotes: F1, F2

DENN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -162,986
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 16 Jan 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 162,986
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Kelli Valade is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

On January 16, 2026, pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of November 3, 2025, by and among Denny's Corporation (the "Issuer"), a Delaware corporation, Sparkle Topco Corp., a Delaware corporation (the "Buyer") and Sparkle Acquisition Corp., a Delaware corporation and wholly owned subsidiary of Buyer ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving as a wholly owned, indirect subsidiary of Buyer. Immediately prior to the effective time of the Merger (the "Effective Time"), shares of the Issuer's common stock held by the Reporting Person were converted into the right to receive a cash payment equal to the per share merger consideration of $6.25 (the "Merger Consideration"), without interest and subject to applicable withholding taxes.

Footnote F2

Pursuant to the Merger Agreement, immediately prior to the Effective Time, each outstanding restricted stock unit ("RSUs") award was cancelled and terminated and converted into a right to receive an amount in cash (without interest and subject to applicable withholding taxes) equal to the product obtained by multiplying (x) the aggregate number of shares of the Issuer's common stock underlying such RSU award by (y) the Merger Consideration.

Footnote F3

Pursuant to the Merger Agreement, immediately prior to the Effective Time, each of these performance-based restricted stock units ("PSUs") was cancelled and terminated and converted into a right to receive an amount in cash (without interest and subject to applicable withholding taxes) equal to the product obtained by multiplying (x) the aggregate number of shares of the Issuer's common stock underlying such PSU award by (y) the Merger Consideration.