Wendy's Co (WEN) executive logs 68,603 RSUs vested and 18,826 shares withheld
Rhea-AI Filing Summary
Wendy's Co executive E.J. Wunsch, President, International, reported the vesting and conversion of restricted stock units into 60,533 and 8,070 shares of common stock on August 12, 2026. In related transactions, 16,405 and 2,421 shares were delivered or withheld at $8.66 per share to pay the exercise price or tax liability.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 49,777 shares
Net Buy
6 txns
Insider
Wunsch E.J.
Role
President, International
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F3, F4 | 60,533 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F1, F5, F6 | 8,070 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 60,533 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 16,405 | $8.66 | $142K |
| Exercise | Common Stock F1 | 8,070 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,421 | $8.66 | $21K |
Holdings After Transaction:
Restricted Stock Units — 179,241 shares (Direct);
Common Stock — 131,764 shares (Direct)
Footnotes (6)
- 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 4,154 dividend equivalent units that had accrued on the restricted stock units.
- F4. The restricted stock units were granted on August 12, 2025 and vest in two equal installments on the first and second anniversaries of the grant date, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date. The first installment (including the related dividend equivalent units) vested on August 12, 2026.
- F5. Includes 553 dividend equivalent units that had accrued on the restricted stock units.
- F6. The restricted stock units were granted on August 12, 2025 and vest in three equal installments on the first, second and third anniversaries of the grant date, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date. The first installment (including the related dividend equivalent units) vested on August 12, 2026.
Key Figures
RSUs converted (grant 1): 60,533 units
RSUs converted (grant 2): 8,070 units
Shares withheld (tax/exercise): 16,405 shares
+5 more
8 metrics
RSUs converted (grant 1)
60,533 units
Restricted stock units converted to common stock on August 12, 2026
RSUs converted (grant 2)
8,070 units
Restricted stock units converted to common stock on August 12, 2026
Shares withheld (tax/exercise)
16,405 shares
Common shares delivered or withheld at $8.66 per share
Additional shares withheld
2,421 shares
Common shares delivered or withheld at $8.66 per share
Per-share price for withholding
$8.66 per share
Price used for payment of exercise price or tax liability
Total RSUs exercised
68,603 units
Total restricted stock units converted to common stock
Total shares withheld
18,826 shares
Total common shares delivered or withheld for exercise price or tax
Dividend equivalent units (grant 1)
4,154 units
Dividend equivalent units accrued on first RSU grant
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 4,154 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 did Wendy's Co (WEN) executive E.J. Wunsch report on this Form 4?
E.J. Wunsch reported the vesting and conversion of 68,603 restricted stock units into common stock on August 12, 2026, along with share dispositions to cover the exercise price or related tax liability.
How many Wendy's Co (WEN) RSUs vested for E.J. Wunsch?
A total of 68,603 restricted stock units vested and were converted to common stock, consisting of 60,533 RSUs from one grant and 8,070 RSUs from another grant, including related dividend equivalent units.
What type of securities did the Wendy's Co (WEN) RSUs convert into for E.J. Wunsch?
The restricted stock units converted into common stock of Wendy's Co on August 12, 2026, with each restricted stock unit representing a contingent right to receive one share of common stock.
Were dividend equivalent units involved in the Wendy's Co (WEN) Form 4 transactions?
Yes. The vested amounts include 4,154 dividend equivalent units on one RSU grant and 553 dividend equivalent units on another, which had accrued on the restricted stock units before vesting.
Is the Wendy's Co (WEN) Form 4 transaction part of a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not selected, and there is no footnote stating that the transactions were executed pursuant to a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
