Wendy's Co (WEN) director receives 20,967-share stock grant, now holds 98,740

Rhea-AI Filing Summary

Mathews-Spradlin Mich J reported acquisition or exercise transactions in this Form 4 filing.

Wendy's Co director Mathews-Spradlin receives stock grant. On May 20, 2026, director Mich J. Mathews-Spradlin was granted 20,967 shares of Wendy's Co common stock at $0.00 per share, reflecting a compensation-related award rather than a market purchase. Following this grant, the director directly holds 98,740 shares of Wendy's Co common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mathews-Spradlin Mich J

Role null

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

Holdings After Transaction: Common Stock — 98,740 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 20,967 shares Grant price: $0.00 per share Shares owned after: 98,740 shares

3 metrics

Shares granted 20,967 shares Common Stock grant on May 20, 2026

Grant price $0.00 per share Compensation-related stock award

Shares owned after 98,740 shares Director’s direct holdings after transaction

Key Terms

Common Stock, Grant, award, or other acquisition, Form 4

3 terms

Common Stock financial

"security_title: "Common Stock""

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.

Grant, award, or other acquisition financial

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

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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^*

Mathews-Spradlin Mich J

(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	98,740	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)

FAQ

What insider transaction did Wendy's Co (WEN) disclose for Mich J. Mathews-Spradlin?

Wendy's Co disclosed that director Mich J. Mathews-Spradlin received a grant of 20,967 shares of common stock. The shares were awarded at $0.00 per share as compensation, not bought on the open market.

How many Wendy's Co (WEN) shares were granted to the director on May 20, 2026?

The director received a grant of 20,967 shares of Wendy's Co common stock on May 20, 2026. This award increased the director’s direct holdings and was reported as a grant, award, or other acquisition transaction.

What is Mich J. Mathews-Spradlin’s Wendy's Co (WEN) share ownership after the reported grant?

After the reported grant, Mich J. Mathews-Spradlin directly holds 98,740 shares of Wendy's Co common stock. This total reflects the newly awarded 20,967-share grant added to the director’s prior direct holdings.

Was the Wendy's Co (WEN) director stock grant an open-market purchase or a compensation award?

The 20,967 shares reported for Mich J. Mathews-Spradlin were a compensation award, not an open-market purchase. The Form 4 classifies the transaction as a grant, award, or other acquisition at a price of $0.00 per share.

Does the Wendy's Co (WEN) Form 4 show any insider share sales by the director?

The Form 4 shows no insider sales by the director. It reports one acquisition transaction coded as a grant, award, or other acquisition, increasing the director’s direct holdings in Wendy's Co common stock.