Wendy's CAO reports stock and option holdings
Wendy's Co Chief Accounting Officer Aaron M. Kale reported his equity holdings in the company.
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Form Type
3
Rhea-AI Filing Summary
Wendy's Co Chief Accounting Officer Aaron M. Kale reported his equity holdings in the company. He directly owns 10,568 shares of common stock and holds 11,001 restricted stock units, each representing a right to receive one common share. He also holds multiple employee stock options on common stock, with exercise prices ranging from $10.11 to $23.70 per share and expiration dates extending from 2027 through 2035, many of which are already exercisable under time-based vesting schedules.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
Kale Aaron M.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| Holding | Restricted Stock Units | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings:
Employee Stock Option (Right to Buy) — 97,058 contracts (Direct);
Restricted Stock Units — 11,001 contracts (Direct);
Common Stock — 10,568 shares (Direct)
Footnotes (13)
- F1. With tandem net exercise and tax withholding rights.
- F2. The option becomes exercisable as to 7,810 shares on each of August 12, 2026, 2027 and 2028.
- F3. The option became exercisable as to 3,042 shares on August 5, 2025 and becomes exercisable as to 3,042 shares on August 5, 2026 and 3,043 shares on August 5, 2027.
- F4. The option became exercisable as to 1,945 shares on each of August 11, 2024 and August 11, 2025 and becomes exercisable as to 1,946 shares on August 11, 2026.
- F5. The option vested in three equal installments on August 12, 2023, 2024 and 2025 and is currently exercisable as to all 7,900 shares.
- F6. The option vested in three equal installments on August 13, 2022, 2023 and 2024 and is currently exercisable as to all 7,896 shares.
- F7. The option vested in three equal installments on August 7, 2021, 2022 and 2023 and is currently exercisable as to all 10,455 shares.
- F8. The option vested in three equal installments on August 9, 2020, 2021 and 2022 and is currently exercisable as to all 18,362 shares.
- F9. The option vested in three equal installments on August 20, 2019, 2020 and 2021 and is currently exercisable as to all 6,061 shares.
- F10. The option vested in three equal installments on August 11, 2018, 2019 and 2020 and is currently exercisable as to all 8,001 shares.
- F11. With tandem dividend equivalent rights and tax withholding rights.
- F12. Of the restricted stock units, 1,713 (261 of which represent dividend equivalent units) will vest on August 11, 2026; 2,783 (288 of which represent dividend equivalent units) will vest in two remaining equal installments on August 5, 2026 and 2027; and 6,505 (324 of which represent dividend equivalent units) will vest in three equal installments on August 12, 2026, 2027 and 2028. In each case, the stated number of restricted stock units will vest in full on the applicable vesting date, subject to Mr. Kale's continued employment with the Company on the applicable vesting date.
- F13. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
Key Figures
Direct common shares: 10,568 shares
Restricted stock units: 11,001 units
Option block at $15.355: 8,001 underlying shares
+5 more
8 metrics
Direct common shares
10,568 shares
Common stock directly owned following reported holdings
Restricted stock units
11,001 units
RSUs each convertible into one common share
Option block at $15.355
8,001 underlying shares
Employee stock option, exercise price $15.355, expires 2027-08-11
Option block at $18.515
6,061 underlying shares
Employee stock option, exercise price $18.515, expires 2028-08-20
Option block at $19.710
18,362 underlying shares
Employee stock option, exercise price $19.710, expires 2029-08-09
Option block at $22.340
10,445 underlying shares
Employee stock option, exercise price $22.340, expires 2030-08-07
Option block at $23.700
7,896 underlying shares
Employee stock option, exercise price $23.700, expires 2031-08-13
Largest option block
23,430 underlying shares at $10.110
Employee stock option, expires 2035-08-12
Key Terms
Restricted Stock Units, Employee Stock Option (Right to Buy, dividend equivalent units, tandem net exercise and tax withholding rights, +2 more
6 terms
Restricted Stock Units financial
"Of the restricted stock units, 1,713 (261 of which represent dividend equivalent units) will vest..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Option (Right to Buy financial
"The option vested in three equal installments on August 7, 2021, 2022 and 2023 and is currently exercisable..."
dividend equivalent units financial
"1,713 (261 of which represent dividend equivalent units) will vest on August 11, 2026..."
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
tandem net exercise and tax withholding rights financial
"With tandem net exercise and tax withholding rights."
tandem dividend equivalent rights and tax withholding rights financial
"With tandem dividend equivalent rights and tax withholding rights."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Company's common stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity stake does Aaron M. Kale report in Wendy's Co (WEN)?
Aaron M. Kale reports direct ownership of 10,568 shares of Wendy's Co common stock. In addition, he holds 11,001 restricted stock units and several option grants on common shares, reflecting a meaningful equity-based compensation position tied to company performance.
What restricted stock units does Aaron M. Kale hold in Wendy's Co (WEN)?
He holds 11,001 restricted stock units, each representing a contingent right to receive one Wendy's common share. These RSUs vest in tranches through August 2028, subject to his continued employment, and include units credited as dividend equivalent awards.
What stock options are reported for Aaron M. Kale at Wendy's Co (WEN)?
Aaron M. Kale holds several employee stock options to buy Wendy's common stock, covering blocks such as 23,430 shares at $10.11 and 18,362 shares at $19.71. These options expire between 2027 and 2035, with many already fully exercisable.
How do Aaron M. Kale’s RSUs at Wendy's Co (WEN) vest over time?
His RSUs vest in multiple installments: 1,713 units on August 11, 2026, 2,783 units over two dates in 2026 and 2027, and 6,505 units over three dates from 2026 to 2028, all conditioned on continued employment with the company.
Do Aaron M. Kale’s Wendy's Co (WEN) options include tax withholding features?
Certain option and RSU awards are noted as having tandem net exercise and tax withholding rights or dividend equivalent rights and tax withholding rights. These features allow shares to be used to cover exercise costs and tax obligations associated with the awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
