Stephen Dunn, EVP at Denny's (NASDAQ:DENN), reported a large insider sell on September 19, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Dunn sold 45,000 shares of Denny's. The total transaction amounted to $397,160.
Denny's shares are trading down 0.45% at $8.84 at the time of this writing on Wednesday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an ...