Wendys Co SEC Filings

The filing reports insider transactions by Lindsay J. Radkoski, CMO, U.S. of The Wendy's Company (WEN) on 08/12/2025. Ms. Radkoski received 4,863 vested restricted stock units (including 658 dividend equivalents) and had those units converted into 4,863 shares. She also had a separate disposition of 1,452 shares at $10.11 per share. Multiple option and restricted stock unit awards were recorded: an employee stock option covering 131,212 shares (exercise price $10.11, expiration 08/12/2035) and additional RSU grants totaling 62,313 shares that vest in future installments through 2028. Following the reported transactions, Ms. Radkoski beneficially owned 112,041 shares (direct).

The Wendy's Company (WEN) reporting person Liliana Esposito received equity awards on 08/12/2025 consisting of employee stock options and restricted stock units. The filing shows two separate employee stock option grants exercisable at $10.11 per share covering 149,957 underlying shares each, both reported as acquired on 08/12/2025 and exercisable through 08/12/2035. The form also reports a total of 71,216 restricted stock units granted on that date (11,869 + 59,347), each representing a contingent right to one share. Vesting schedules are disclosed: portions of the options and RSUs vest in equal installments across 2026–2028 or 2026–2027 depending on the grant, and vesting is subject to continued employment. The form is signed by an attorney-in-fact on 08/14/2025.

The Wendy's Company (WEN) chief people officer, Matthew Coley O'Brien, was granted equity awards on 08/12/2025 consisting of employee stock options and restricted stock units. The filings show two option awards (each with exercise price $10.11) covering 178,074 underlying shares apiece and a total of 84,568 restricted stock units across two grants. Options have expirations of 08/12/2035 and vest in scheduled installments through 2028 (some awards vest in two installments, others in three), and RSUs convert to one share each on vesting. Awards include standard tax withholding and dividend equivalent features and are subject to continued employment for vesting.

Matthew P. Spessard, Chief Information Officer and director of The Wendy's Company (WEN), reported equity awards granted on 08/12/2025. The filing shows two employee stock option grants (each for 107,781 options) with an exercise price of $10.11 and an indicated exercisable/expiration date of 08/12/2035, each listed as 107,781 options beneficially owned following the transactions. The filing also reports restricted stock units of 8,531 and 42,655, recorded as leading to totals of 21,470 and 64,125 common shares beneficially owned following the reported transactions. The grant terms include vesting schedules (three-installment and two-installment vesting, contingent on continued employment) and tandem tax-withholding and dividend-equivalent rights. The form is signed by an attorney-in-fact on behalf of Mr. Spessard on 08/14/2025.

John Min, Chief Legal Officer & Secretary of The Wendy's Company (WEN), received equity awards on 08/12/2025. The filing reports two employee stock option grants of 209,002 options each with an exercise price of $10.11 and an expiration date of 08/12/2035; one option grant vests in three equal annual installments beginning 08/12/2026 and the other vests in two equal installments on 08/12/2026 and 08/12/2027, subject to continued employment. The filing also reports restricted stock unit grants of 16,543 and 82,715 RSUs, each representing the right to one share, with vesting in three and two equal installments respectively beginning 08/12/2026, subject to continued employment. All reported holdings are direct.

Insider grant disclosure: The Form 4 shows that E.J. Wunsch, President, International of The Wendy's Company (WEN), was granted employee stock options and restricted stock units on 08/12/2025. Two Employee Stock Option awards with an exercise price of $10.11 are reported, each listing 284,918 underlying shares and an expiration/exercise window through 08/12/2035. Two Restricted Stock Unit awards were reported for 22,551 and 112,759 units. The RSUs and options vest in scheduled installments in 2026–2028 (vesting contingent on continued employment) and the RSUs reflect dividend-equivalent and tax-withholding rights.

Insider award disclosure: The Form 4 reports that Peter J. Suerken Jr., President, U.S. of The Wendy's Company (WEN), was granted equity awards on 08/12/2025. He acquired an employee stock option covering 281,169 shares with an exercise price of $10.11 and an expiration date of 08/12/2035. He also received 22,255 restricted stock units, each representing a contingent right to one share. Both the option and the RSUs vest in three equal installments on August 12 of 2026, 2027 and 2028, subject to continued employment. Following the transactions, Mr. Suerken beneficially owns 281,169 shares from the option and 160,631 total shares beneficially owned including previously held awards and these RSUs.

The Wendy's Company (WEN) reported insider awards to Kenneth M. Cook, identified as Interim CEO and CFO, showing equity grants dated 08/12/2025. Cook received two employee stock options: one for 209,002 shares and another for 374,892 shares, both exercisable at $10.11 and expiring on 08/12/2035. He also was granted restricted stock units totaling 164,910 (16,543 and 148,367), representing rights to the same number of common shares. The awards vest over two- or three-year schedules contingent on continued employment and include tax withholding and dividend-equivalent features where applicable. The Form 4 discloses beneficial ownership counts after the transactions: 209,002, 374,892, and 33,889 and 182,256 for the respective grants.

Harris Associates reports holding 11,076,295 shares of The Wendy's Company (WEN), representing 5.8% of the outstanding common stock. The filing states Harris Associates L.P. and its general partner, Harris Associates, Inc., have sole voting power for 11,070,682 shares and sole dispositive power for 11,076,295 shares. The holders say the shares are held in the ordinary course of business and not to influence control.