VALADE KELLI (CEO and President) received a stock award from DENNY'S CORP

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 2 awards

VALADE KELLI

Filed: 1/2/2026ACC: 0001628280-26-000206

InsiderVALADE KELLICIK 1508054

→

IssuerDENNY'S CORPCIK 852772

DirectorOfficer· CEO and President

Since Jun 2022

-17.05K

Net shares

Net seller

$725.6K

Total sold

Open market trades

0B · 0S

Total transactions

275.52K acquired · 292.57K disposed

Non-Derivative Transactions10

Common Stock

Direct

A · Award

+66.16K

Price / share

—

Trade value

—

% of position

34.3%

12/30/2025

192.81K→258.97K

Common Stock

Direct

F · Tax Withholding

−28.09K

Price / share

$6.21

Trade value

$174.41K

% of position

10.8%

12/30/2025

258.97K→230.88K

Common Stock

Direct

A · Award

+33.74K

Price / share

—

Trade value

—

% of position

14.6%

12/30/2025

230.88K→264.62K

Common Stock

Direct

F · Tax Withholding

−14.32K

Price / share

$6.21

Trade value

$88.95K

% of position

5.4%

12/30/2025

264.62K→250.30K

Common Stock

Direct

M · Option Exercise

+46.43K

Price / share

—

Trade value

—

% of position

18.5%

12/31/2025

250.30K→296.73K

Common Stock

Direct

F · Tax Withholding

−19.71K

Price / share

$6.20

Trade value

$122.20K

% of position

6.6%

12/31/2025

296.73K→277.02K

Common Stock

Direct

M · Option Exercise

+47.69K

Price / share

—

Trade value

—

% of position

17.2%

12/31/2025

277.02K→324.71K

Common Stock

Direct

F · Tax Withholding

−20.25K

Price / share

$6.20

Trade value

$125.52K

% of position

6.2%

12/31/2025

324.71K→304.46K

Common Stock

Direct

M · Option Exercise

+81.49K

Price / share

—

Trade value

—

% of position

26.8%

12/31/2025

304.46K→385.96K

Common Stock

Direct

F · Tax Withholding

−34.59K

Price / share

$6.20

Trade value

$214.48K

% of position

9.0%

12/31/2025

385.96K→351.36K

Total

Net shares

+158.56K

Net value

-$725.57K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/30/2025	A · Award	+66.16K	—	—	34.3%	192.81K	258.97K
Common Stock Direct	12/30/2025	F · Tax Withholding	−28.09K	$6.21	$174.41K	10.8%	258.97K	230.88K
Common Stock Direct	12/30/2025	A · Award	+33.74K	—	—	14.6%	230.88K	264.62K
Common Stock Direct	12/30/2025	F · Tax Withholding	−14.32K	$6.21	$88.95K	5.4%	264.62K	250.30K
Common Stock Direct	12/31/2025	M · Option Exercise	+46.43K	—	—	18.5%	250.30K	296.73K
Common Stock Direct	12/31/2025	F · Tax Withholding	−19.71K	$6.20	$122.20K	6.6%	296.73K	277.02K
Common Stock Direct	12/31/2025	M · Option Exercise	+47.69K	—	—	17.2%	277.02K	324.71K
Common Stock Direct	12/31/2025	F · Tax Withholding	−20.25K	$6.20	$125.52K	6.2%	324.71K	304.46K
Common Stock Direct	12/31/2025	M · Option Exercise	+81.49K	—	—	26.8%	304.46K	385.96K
Common Stock Direct	12/31/2025	F · Tax Withholding	−34.59K	$6.20	$214.48K	9.0%	385.96K	351.36K
Total			+158.56K		-$725.57K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

46.43K shares

−46.43K

Strike price

Held after

0.00

Exercisable

—

12/31/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

47.69K shares

−47.69K

Strike price

Held after

47.69K

Exercisable

—

12/31/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

81.49K shares

−81.49K

Strike price

Held after

162.99K

Exercisable

—

12/31/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock46.43K shares	12/31/2025	M · Option Exercise	−46.43K	—	0.00
Restricted Stock Units Direct	Common Stock47.69K shares	12/31/2025	M · Option Exercise	−47.69K	—	47.69K
Restricted Stock Units Direct	Common Stock81.49K shares	12/31/2025	M · Option Exercise	−81.49K	—	162.99K