Wendy's director gets stock grant in lieu of fees

Peltz Bradley G. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Peltz Bradley G. reported acquisition or exercise transactions in this Form 4 filing.

Wendy's Co director Bradley G. Peltz received a stock award instead of cash board fees. On June 29, 2026, he was granted 3,527 shares of common stock at $6.98 per share under the company’s 2020 Omnibus Award Plan, raising his direct holdings to 48,954 shares. He also has 132,397 shares held indirectly through the Peltz 2009 Family Trust. The award represents routine compensation for quarterly Board and committee retainer fees.

Insider Trade Summary

Grant/Award: 3,527 shares

Grant/Award 2 txns

Insider Peltz Bradley G.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,527	$6.98	$25K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 48,954 shares (Direct); Common Stock — 132,397 shares (Indirect, By Peltz 2009 Family Trust)

Footnotes (1)

1. F1. Shares were issued pursuant to the Company's 2020 Omnibus Award Plan (the "Plan") in lieu of Mr. Peltz's quarterly Board of Directors retainer fee and quarterly Board committee retainer fees that would otherwise be payable in cash. In accordance with the Plan, the price is the average of the closing price per share on the 20 consecutive trading days immediately preceding the date on which the retainer fees would otherwise be payable.

Key Figures

Shares granted: 3,527 shares Grant price: $6.98 per share Direct holdings after grant: 48,954 shares +1 more

4 metrics

Shares granted 3,527 shares Common stock award on June 29, 2026

Grant price $6.98 per share Average closing price over 20 trading days

Direct holdings after grant 48,954 shares Common stock held directly by Bradley G. Peltz

Indirect holdings 132,397 shares Held by Peltz 2009 Family Trust

Key Terms

2020 Omnibus Award Plan, quarterly Board of Directors retainer fee, quarterly Board committee retainer fees, average of the closing price per share

4 terms

2020 Omnibus Award Plan financial

"Shares were issued pursuant to the Company's 2020 Omnibus Award Plan (the "Plan")"

quarterly Board of Directors retainer fee financial

"in lieu of Mr. Peltz's quarterly Board of Directors retainer fee"

quarterly Board committee retainer fees financial

"and quarterly Board committee retainer fees that would otherwise be payable in cash"

average of the closing price per share financial

"the price is the average of the closing price per share on the 20 consecutive trading days"

FAQ

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

What did Bradley G. Peltz report in this Wendy's (WEN) Form 4 filing?

Bradley G. Peltz reported receiving 3,527 Wendy’s common shares as a stock award. These shares were granted as compensation for his quarterly Board and committee retainer fees, in lieu of cash, under the company’s 2020 Omnibus Award Plan.

At what price were Bradley G. Peltz’s Wendy's (WEN) shares valued in this grant?

The 3,527 Wendy’s shares were valued at $6.98 per share for the award. This price equals the average closing price over 20 consecutive trading days before the date when the retainer fees would otherwise have been paid in cash.

How many Wendy's (WEN) shares does Bradley G. Peltz hold after this transaction?

After the grant, Bradley G. Peltz holds 48,954 Wendy’s shares directly. In addition, 132,397 shares are held indirectly through the Peltz 2009 Family Trust, giving visibility into both his direct and trust-related ownership positions.

Why did Wendy's compensate Bradley G. Peltz with stock instead of cash?

Wendy’s compensated Bradley G. Peltz with stock in lieu of cash quarterly Board and committee retainer fees. The award was made under the 2020 Omnibus Award Plan, which allows fees to be paid in shares instead of cash, aligning compensation with equity.

Is Bradley G. Peltz’s Form 4 transaction a market buy or a compensation grant?

The Form 4 reflects a compensation grant, not an open-market purchase. Shares were issued under the 2020 Omnibus Award Plan as payment for Board and committee retainer fees, using an average market price formula to determine the share award value.

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

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Accepted by SEC EDGAR 07/01/2026 - 04:56 PM Learn about SEC filing dates

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^*

Peltz Bradley G.

(Last) (First) (Middle)

C/O THE WENDY'S COMPANY

ONE DAVE THOMAS BLVD.

(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)
06/29/2026

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	06/29/2026		A(1)		3,527	A	$6.98	48,954	D
Common Stock								132,397	I	By Peltz 2009 Family Trust

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:

1. Shares were issued pursuant to the Company's 2020 Omnibus Award Plan (the "Plan") in lieu of Mr. Peltz's quarterly Board of Directors retainer fee and quarterly Board committee retainer fees that would otherwise be payable in cash. In accordance with the Plan, the price is the average of the closing price per share on the 20 consecutive trading days immediately preceding the date on which the retainer fees would otherwise be payable.

	/s/ Mark L. Johnson, Attorney-in-Fact	07/01/2026
	** 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)