Schmidt David Peter, President of Keke's, has demonstrated a consistent pattern of selling activity in Denny's Corporation (DENN) shares, with no recorded purchases across 26 transactions totaling $1.51 million in proceeds. The bulk of his disposals occurred in January 2026, with three substantial open-market sales on January 16 totaling $304,118.75, $396,043.75, and $630,700—accounting for 88% of his aggregate sell value. Prior to these transactions, his activity primarily involved smaller derivative transactions coded as "F" (likely tax-related exercises), including multiple sub-$30,000 dispositions in late December 2025. The absence of any buy transactions since at least January 2025 suggests a prolonged reduction in his DENN position. While the January 2026 sales represent his most significant liquidity events, the filings show no recent activity following these disposals. Schmidt's trading history is exclusively tied to Denny's, with no recorded interests in other issuers during this period. The transactions reflect a clear divestment trend, though the filings do not indicate whether he retains any residual equity exposure through unexercised derivatives or indirect holdings.
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