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Wendy's Executive Compensation Reveals Long-term Retention Strategy for U.S. Chief

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Wendy's President U.S. Abigail E. Pringle received additional restricted stock units (RSUs) through dividend equivalent rights on June 16, 2025. The transactions include:

  • 106 RSUs that vest in two equal installments on August 11, 2025 and 2026
  • 229 RSUs that vest in three equal installments on August 5, 2025, 2026, and 2027

Following these transactions, Pringle beneficially owns 26,880 and 27,109 RSUs respectively in direct ownership. Each RSU represents a contingent right to receive one share of Wendy's common stock. The RSUs include tandem dividend equivalent rights and tax withholding rights. Vesting is subject to continued employment with Wendy's on applicable dates.

Positive

  • None.

Negative

  • None.
Insider Pringle Abigail E.
Role President, U.S.
Type Security Shares Price Value
Grant/Award Restricted Stock Units 106 $0.00 --
Grant/Award Restricted Stock Units 229 $0.00 --
Holdings After Transaction: Restricted Stock Units — 26,880 shares (Direct)
Footnotes (1)
  1. With tandem dividend equivalent rights and tax withholding rights. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. Represents dividend equivalent units issued on June 16, 2025. The restricted stock units will vest in two remaining equal installments on August 11, 2025 and 2026, subject to Ms. Pringle's continued employment with the Company on the applicable vesting date. The restricted stock units will vest in three equal installments on August 5, 2025, 2026 and 2027, subject to Ms. Pringle's continued employment with the Company on the applicable vesting date.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pringle Abigail E.
(Last) (First) (Middle)
C/O THE WENDY'S COMPANY
ONE DAVE THOMAS BOULEVARD
(Street)
DUBLIN OH 43017
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Wendy's Co [ WEN ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, U.S.
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units(1) (2) 06/16/2025 A 106(3) (4) (4) Common Stock 106 $0 26,880 D
Restricted Stock Units(1) (2) 06/16/2025 A 229(3) (5) (5) Common Stock 229 $0 27,109 D
Explanation of Responses:
1. With tandem dividend equivalent rights and tax withholding rights.
2. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
3. Represents dividend equivalent units issued on June 16, 2025.
4. The restricted stock units will vest in two remaining equal installments on August 11, 2025 and 2026, subject to Ms. Pringle's continued employment with the Company on the applicable vesting date.
5. The restricted stock units will vest in three equal installments on August 5, 2025, 2026 and 2027, subject to Ms. Pringle's continued employment with the Company on the applicable vesting date.
/s/ Mark L. Johnson, Attorney-in-Fact 06/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

Who is Abigail E. Pringle at WEN and what position does she hold?

Abigail E. Pringle serves as the President, U.S. at The Wendy's Company (WEN). This information is disclosed in the Form 4 filing where she is listed as an Officer of the company.

How many restricted stock units (RSUs) did WEN's US President receive in June 2025?

According to the Form 4 filing, Abigail E. Pringle received two grants of restricted stock units on June 16, 2025: 106 units and 229 units, for a total of 335 RSUs as dividend equivalent units.

What is the vesting schedule for WEN executive Pringle's latest RSU grants?

The RSUs have two different vesting schedules: 1) 106 units will vest in two equal installments on August 11, 2025 and 2026, and 2) 229 units will vest in three equal installments on August 5, 2025, 2026, and 2027. Both are subject to continued employment with the company.

How many total restricted stock units does Abigail Pringle own at WEN after this transaction?

Following the reported transactions, Abigail Pringle beneficially owns a total of 27,109 restricted stock units at Wendy's (WEN), held in direct ownership according to the Form 4 filing.