Wendy's director gets 20,967-share stock grant

Rothschild Peter reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 05/22/2026 - 04:55 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Rothschild Peter reported acquisition or exercise transactions in this Form 4 filing.

Wendy's Co director Peter Rothschild received a stock grant of 20,967 common shares. The award was recorded at a price of $0.00 per share, indicating it was compensation rather than an open-market purchase. After this grant, his directly held stake reported in this filing increased to 199,121 common shares.

Insider Trade Summary

Grant/Award: 20,967 shares

Grant/Award 1 txn

Insider Rothschild Peter

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	20,967	$0.00	$0.00

Holdings After Transaction: Common Stock — 199,121 shares (Direct)

Holdings Before and After: Common Stock, 178,154 to 199,121 shares (Direct)

Key Figures

Stock grant size: 20,967 shares Grant price: $0.00 per share Shares after transaction: 199,121 shares +1 more

4 metrics

Stock grant size 20,967 shares Common Stock grant to director Peter Rothschild

Grant price $0.00 per share Indicates compensation award, not open-market purchase

Shares after transaction 199,121 shares Direct common stock holdings after grant

Transaction direction Acquisition (grant/award) Form 4 transaction code A, non-derivative

Key Terms

Grant, award, or other acquisition, Common Stock, non-derivative

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Common Stock financial

"security_title: "Common Stock" in the reported transaction"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

non-derivative financial

"transaction_type: "non-derivative" for the reported stock grant"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Wendy's Co (WEN) report for Peter Rothschild?

Wendy's Co reported that director Peter Rothschild received a grant of 20,967 shares of common stock. The shares were awarded at $0.00 per share as compensation, increasing his reported direct holdings to 199,121 shares after the transaction.

Was the Peter Rothschild transaction in Wendy's Co (WEN) an open-market buy or a grant?

The transaction was a grant or award, not an open-market purchase. Form 4 data shows transaction code "A" and a price of $0.00 per share, which indicates a compensation-related stock grant rather than a cash purchase on the market.

How many Wendy's Co (WEN) shares does Peter Rothschild hold after this Form 4?

After the reported grant, Peter Rothschild directly holds 199,121 shares of Wendy's Co common stock. This figure comes from the Form 4 field "shares owned following transaction" and reflects his direct ownership position after the award was recorded.

What does transaction code "A" mean in the Wendy's Co (WEN) Form 4 filing?

Transaction code "A" in the Form 4 indicates a "Grant, award, or other acquisition" of securities. For Wendy's Co, it shows Peter Rothschild received 20,967 common shares as a compensation award, rather than buying them in the open market.

Did Peter Rothschild sell any Wendy's Co (WEN) shares in this Form 4 filing?

No sales were reported in this filing. The transaction summary shows one acquisition transaction and zero sales, gifts, or tax-withholding dispositions. The only reported activity was the grant of 20,967 common shares to Peter Rothschild.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Rothschild Peter

(Last) (First) (Middle)

C/O THE WENDY'S COMPANY

ONE DAVE THOMAS BOULEVARD

(Street)

DUBLIN OHIO 43017

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Wendy's Co [ WEN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Stock	05/20/2026		A		20,967	A	$0	199,121	D

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

Explanation of Responses:

	/s/ Mark L. Johnson, Attorney-in-Fact	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)