Wendy's Co (WEN) CMO logs RSU vesting and tax share withholding
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.
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Insider Trade Summary
Net Buyer: 1,961 shares
Net Buy
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 shares (Direct);
Common Stock — 63,168 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- F2. With tandem dividend equivalent rights and tax withholding rights.
- F3. Includes 331 dividend equivalent units that had accrued on the restricted stock units.
- 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
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.
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.
