Wendy's CMO vests 2,767 RSUs, withholds 806 shares

Wendy's Co (WEN) officer Lindsay J. Radkoski, CMO, U.S., reported the vesting and settlement of restricted stock units (RSUs) into common stock.

Rhea-AI Filing Summary

Wendy's Co (WEN) officer Lindsay J. Radkoski, CMO, U.S., reported the vesting and settlement of restricted stock units (RSUs) into common stock. On August 15, 2026, 2,767 RSUs (including 331 dividend equivalent units) were converted into 2,767 shares of common stock, as part of a grant made on August 15, 2024 that vests in three equal annual installments. Following this vesting, Radkoski held 95,348 RSUs directly. On the same date, 806 shares of common stock were delivered or withheld at $8.64 per share to cover the exercise price or tax liability associated with the vesting.

Insider Trade Summary

2,767 shares exercised/converted

Exercise 3 txns

Insider Radkoski Lindsay J.

Role CMO, U.S.

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F2, F1, F3, F4	2,767	$0.00	$0.00
Exercise	Common Stock F1	2,767	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	806	$8.64	$7K

Holdings After Transaction: Restricted Stock Units — 95,348 contracts (Direct); Common Stock — 63,168 shares (Direct)

Footnotes (4)

1. F1. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
2. F2. With tandem dividend equivalent rights and tax withholding rights.
3. F3. Includes 331 dividend equivalent units that had accrued on the restricted stock units.
4. F4. The restricted stock units were granted on August 15, 2024 and vest in three equal installments on the first, second and third anniversaries of the grant date, subject to Ms. Radkoski's continued employment with the Company on the applicable vesting date. The first and second installments (including the related dividend equivalent units) vested on August 15, 2025 and 2026, respectively.

Key Figures

RSUs converted: 2,767 shares Shares withheld for exercise price or tax liability: 806 shares Withholding price per share: $8.64 per share +3 more

6 metrics

RSUs converted 2,767 shares Restricted Stock Units converted into common stock on August 15, 2026

Shares withheld for exercise price or tax liability 806 shares Common stock delivered or withheld at vesting on August 15, 2026

Withholding price per share $8.64 per share Price used for shares delivered or withheld to cover obligations

RSUs held after transaction 95,348 units Total restricted stock units directly held by Radkoski after vesting event

Dividend equivalent units included 331 units Dividend equivalent units accrued on the vested RSUs

RSU grant date August 15, 2024 Original grant date of the restricted stock units vesting over three years

Key Terms

Restricted Stock Units, dividend equivalent units, tandem dividend equivalent rights, tax withholding rights

4 terms

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right to receive one share"

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.

dividend equivalent units financial

"Includes 331 dividend equivalent units that had accrued on the restricted"

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 dividend equivalent rights financial

"With tandem dividend equivalent rights and tax withholding rights."

tax withholding rights financial

"With tandem dividend equivalent rights and tax withholding rights."

FAQ

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

What insider transactions did WEN executive Lindsay J. Radkoski report on August 15, 2026?

Lindsay J. Radkoski reported 2,767 RSUs vesting into 2,767 shares of Wendy's Co common stock, plus a related withholding of 806 shares to cover the exercise price or tax liability tied to that vesting event.

How many restricted stock units does Lindsay J. Radkoski hold after the latest Form 4 for WEN?

After the reported transactions, Lindsay J. Radkoski directly holds 95,348 restricted stock units of Wendy's Co. These RSUs represent contingent rights to receive an equal number of common shares upon future vesting, subject to continued employment conditions.

What were the terms of the RSU grant to WEN executive Lindsay J. Radkoski?

The RSUs were granted on August 15, 2024 and vest in three equal installments on the first, second, and third anniversaries of the grant date, conditioned on Ms. Radkoski’s continued employment on each applicable vesting date.

How many WEN shares were withheld to cover tax or exercise obligations in this Form 4?

In connection with the RSU vesting, 806 shares of Wendy's Co common stock were delivered or withheld at $8.64 per share to pay the exercise price or tax liability related to the vesting transaction.

Do Lindsay J. Radkoski’s reported WEN transactions involve dividend equivalent units?

Yes. The 2,767 vested RSUs include 331 dividend equivalent units that had accrued on the original restricted stock units, along with tandem dividend equivalent rights and related tax withholding rights attached to the RSU award.

Were Lindsay J. Radkoski’s WEN transactions executed under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not affirmed, and there is no footnote indicating a trading plan. The reported activity reflects scheduled RSU vesting and share withholding rather than an open-market purchase or sale plan.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 08/18/2026 - 05:01 PM EDT 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^*

Radkoski Lindsay J.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CMO, U.S.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2026

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	08/15/2026		M		2,767	A	$0(1)	63,974	D
Common Stock	08/15/2026		F		806	D	$8.64	63,168	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
Restricted Stock Units(2)	(1)	08/15/2026		M			2,767(3)	(4)	(4)	Common Stock	2,767	$0	95,348	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.

2. With tandem dividend equivalent rights and tax withholding rights.

3. Includes 331 dividend equivalent units that had accrued on the restricted stock units.

4. The restricted stock units were granted on August 15, 2024 and vest in three equal installments on the first, second and third anniversaries of the grant date, subject to Ms. Radkoski's continued employment with the Company on the applicable vesting date. The first and second installments (including the related dividend equivalent units) vested on August 15, 2025 and 2026, respectively.

	/s/ Mark L. Johnson, Attorney-in-Fact	08/18/2026
	** 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)