Wendy's Co (WEN) executive RSUs vest; 36,104 shares issued, 9,785 withheld
Rhea-AI Filing Summary
Wendy's Co reported equity transactions for officer Liliana Esposito related to vesting restricted stock units (RSUs). On August 12, 2026, RSUs covering 31,858 and 4,246 shares of common stock, including accrued dividend equivalent units, were exercised into common shares. In separate transactions, a total of 9,785 common shares were delivered or withheld at $8.66 per share for payment of exercise price or tax liability. The RSUs were granted on August 12, 2025 and vest over two or three years, with the first installments vesting on August 12, 2026, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 26,319 shares
Net Buy
6 txns
Insider
Esposito Liliana
Role
Chf Corp Affrs & Sustnblty Ofc
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F3, F4 | 31,858 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F1, F5, F6 | 4,246 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 31,858 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 8,634 | $8.66 | $75K |
| Exercise | Common Stock F1 | 4,246 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,151 | $8.66 | $10K |
Holdings After Transaction:
Restricted Stock Units — 58,561 shares (Direct);
Common Stock — 122,257 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 2,185 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 Ms. Esposito'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 290 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 Ms. Esposito'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 exercised (grant 1): 31,858 shares
RSUs exercised (grant 2): 4,246 shares
Total RSUs exercised: 36,104 shares
+3 more
6 metrics
RSUs exercised (grant 1)
31,858 shares
Restricted stock units (including 2,185 dividend equivalent units) converted to common stock on August 12, 2026
RSUs exercised (grant 2)
4,246 shares
Restricted stock units (including 290 dividend equivalent units) converted to common stock on August 12, 2026
Total RSUs exercised
36,104 shares
Aggregate derivative exercises (code M) per transaction summary
Shares withheld for tax/exercise
9,785 shares
Common shares delivered or withheld (code F) for exercise price or tax liability
Withholding price
$8.66 per share
Price applied to 8,634 and 1,151 common shares for payment of exercise price or tax liability
Grant date for RSUs
August 12, 2025
RSUs vesting on August 12, 2026 were originally granted on this date
Key Terms
Restricted Stock Units, dividend equivalent units, tandem dividend equivalent rights and tax withholding rights
3 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 2,185 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 and tax withholding rights financial
"With tandem dividend equivalent rights and tax withholding rights."
FAQ
What insider equity activity did Wendy's Co (WEN) report for Liliana Esposito?
Wendy's Co reported that Liliana Esposito exercised 36,104 restricted stock units into common stock and had 9,785 shares delivered or withheld to cover exercise price or tax liability, all dated August 12, 2026.
How many Wendy's Co (WEN) RSUs did Liliana Esposito convert to common stock?
Liliana Esposito exercised RSUs covering 31,858 shares and 4,246 shares of Wendy’s common stock, for a combined 36,104 shares, including accrued dividend equivalent units tied to those awards.
When were the RSUs for Wendy's Co (WEN) granted and when did they first vest?
The RSUs were granted on August 12, 2025. For one grant, they vest in two equal installments; for another, in three. In both cases, the first installment vested on August 12, 2026, subject to Ms. Esposito’s continued employment.
What do the dividend equivalent units mean in the Wendy's Co (WEN) Form 4 for Esposito?
The Form 4 notes that the RSUs included 2,185 and 290 dividend equivalent units, which are additional units accrued on the RSUs, and these were included in the amounts that vested on August 12, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
