Wendys Co SEC Filings

Peter W. May, a director and 10% owner of Wendy's Co (WEN), received 3,295 shares of Common Stock on 10/01/2025 under the company’s 2020 Omnibus Award Plan in lieu of quarterly cash retainer fees; the per-share price used for the award was $9.72. After this issuance, Mr. May’s reported direct beneficial ownership is 5,532,177 shares. The filing also discloses indirect beneficial ownership of 14,943,466 shares held by Trian Partners entities, for which Trian Fund Management serves as manager and Mr. May may be deemed to share voting and dispositive power. The report was signed by an attorney-in-fact on behalf of Mr. May.

Wendy's Co (WEN) Form 4: Liliana Esposito, Chief Corporate Affairs & Sustainability Officer, received 1,128 restricted stock units (RSUs) as dividend equivalent units on September 16, 2025. Each RSU represents a contingent right to one share of common stock and carries tandem dividend equivalent and tax withholding rights. Following these issuances, Ms. Esposito beneficially owns 78,254 shares of common stock directly. The RSUs vest in scheduled installments between August 2026 and August 2028, subject to continued employment, and were reported on the Form 4 signed by Mark L. Johnson on behalf of the reporting person.

Wendy's Co (WEN) Chief People Officer Matthew Coley O'Brien received multiple restricted stock units and dividend-equivalent units on September 16, 2025. The Form 4 reports issuance of 1,601 restricted stock units and associated dividend-equivalent units that convert to common stock: grants of 264, 27, 72, 206 and 1,032 units, each representing a right to one share. These awards carry tax withholding rights and vest on specified future dates between March 1, 2026 and August 12, 2028, subject to continued employment. Following the reported transactions Mr. O'Brien beneficially owned 110,929 shares.

The filing reports that Lindsay J. Radkoski, CMO, U.S. of The Wendy's Company (WEN), was issued a series of restricted stock units (RSUs) and dividend equivalent units on September 16, 2025. The reported transactions show incremental grants that increase her beneficial ownership of common stock from 109,472 shares to 111,067 shares following the last reported grant. Each RSU represents a contingent right to one share and includes dividend equivalent and tax withholding rights. Vesting schedules vary by tranche, with remaining installments scheduled between August 11, 2026 and August 12, 2028, all subject to continued employment. The form is signed by an attorney-in-fact on behalf of Ms. Radkoski.

Matthew P. Spessard, Chief Information Officer of The Wendy's Company (WEN), reported awards of restricted stock units and related dividend equivalent units on 09/16/2025. The Form 4 shows multiple grants of restricted stock units (RSUs) and dividend-equivalent units that convert to common stock at no cash price, with vesting schedules ranging from one to three future installments between Feb 20, 2026 and Aug 11, 2026 through 2028. After the reported transactions the largest reported post-transaction beneficial ownership figure is 65,062 shares of common stock. The filing was signed by an attorney-in-fact on behalf of Mr. Spessard on 09/18/2025.

Suzanne M. Thuerk, Chief Accounting Officer of Wendy's Co (WEN), received dividend-equivalent restricted stock units on 09/16/2025. The Form 4 reports five grant items totaling 738 restricted stock units that convert to common stock and were issued as dividend equivalents. The filing shows incremental beneficial ownership rising to 51,176 shares following the transactions. Each grant carries specific vesting terms based on continued employment: one vests in a single installment in August 2026, others vest over one to three future installments through December 18, 2027. The units have tax-withholding and dividend-equivalent features and carry no exercise price.

Wunsch E.J., President, International of The Wendy's Company (WEN), reported issuance of restricted stock units as dividend equivalents on 09/16/2025. The filing shows four separate grant events totaling 2,174 restricted stock units issued at a reported price of $0 as dividend equivalents, and Mr. Wunsch's beneficial ownership increased to 150,649 shares after the largest grant. Each RSU represents a contingent right to one common share and carries dividend equivalent and tax withholding features. Vesting schedules are specified: one tranche vests on 08/11/2026; other tranches vest in installments across 2026–2028, each subject to continued employment.

Wendy's Co (WEN) Form 4 filing reports that John Min, Chief Legal Officer & Secretary, was granted restricted stock units and dividend-equivalent units on September 16, 2025. The filing shows issuance of 215, 242, and 1,211 restricted stock units (totaling 1,668 units) with a reported price of $0 as dividend-equivalent units, increasing his beneficial ownership of common stock to 115,650 shares following the transactions.

The awards include tax withholding rights and vesting schedules: one grant vests in full on September 16, 2027; another vests in three equal installments on August 12, 2026, 2027 and 2028; the third vests in two equal installments on August 12, 2026 and 2027, all subject to continued employment.

Wendy's Co (WEN) reporting person Kenneth M. Cook received restricted stock units and dividend equivalent units on 09/16/2025. The filing shows three grants totaling 2,668 dividend-equivalent restricted stock units (254, 242 and 2,172) that convert one-for-one into common stock at $0 exercise price and increase Mr. Cook's reported beneficial ownership sequentially to 182,510, 182,752 and 184,924 shares following each issuance. Each award carries dividend equivalent and tax withholding features and vests on specified schedules: one tranche vests in full on 12/02/2027, one vests in three equal annual installments beginning 08/12/2026, and one vests in two equal installments on 08/12/2026 and 08/12/2027, each subject to continued employment.