Wendy's Co (WEN) CAO Aaron Kale logs RSU vesting and 599-share withholding
Rhea-AI Filing Summary
Wendy's Co executive Aaron M. Kale, Chief Accounting Officer, reported vesting of restricted stock units and related share movements. On August 12, 2026, 2,209 restricted stock units, including 149 dividend equivalent units, converted into 2,209 shares of common stock. Following this vesting, Kale held 13,736 restricted stock units. On the same date, 599 common shares were delivered or withheld for payment of exercise price or tax liability at $8.66 per share, leaving a net 1,610 newly issued shares from this vesting event. These RSUs were granted on August 12, 2025 and vest in three equal annual installments, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,610 shares
Net Buy
3 txns
Insider
Kale Aaron M.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F3, F4 | 2,209 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,209 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 599 | $8.66 | $5K |
Holdings After Transaction:
Restricted Stock Units — 13,736 shares (Direct);
Common Stock — 14,438 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 149 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 three equal installments on the first, second and third anniversaries of the grant date, subject to Mr. Kale'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 vested: 2,209 units
Dividend equivalent units included: 149 units
RSUs remaining after transaction: 13,736 units
+3 more
6 metrics
RSUs vested
2,209 units
Restricted stock units converting into common stock on August 12, 2026
Dividend equivalent units included
149 units
Dividend equivalent units accrued on the vested restricted stock units
RSUs remaining after transaction
13,736 units
Restricted stock units held by Aaron M. Kale following the vesting event
Shares withheld for exercise price or taxes
599 shares
Common stock delivered or withheld to satisfy obligations related to RSU settlement
Per-share value for withheld shares
$8.66 per share
Price applied to 599 common shares delivered or withheld
Common shares received from RSU conversion
2,209 shares
Common stock acquired upon RSU conversion on August 12, 2026
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 149 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) disclose about Aaron M. Kale’s recent equity vesting?
Wendy’s Co reported that Chief Accounting Officer Aaron M. Kale had 2,209 restricted stock units vest on August 12, 2026, converting into 2,209 common shares, as part of an equity award granted in 2025 with three annual vesting installments.
How many Wendy's Co (WEN) restricted stock units does Aaron M. Kale hold after this transaction?
After the August 12, 2026 vesting, Aaron M. Kale held 13,736 restricted stock units. These units continue to represent a right to receive an equivalent number of Wendy’s Co common shares upon future vesting, subject to his continued employment.
What is the size of Aaron M. Kale’s RSU vesting at Wendy's Co (WEN) on August 12, 2026?
On August 12, 2026, 2,209 restricted stock units vested for Aaron M. Kale, including 149 dividend equivalent units. These RSUs were originally granted on August 12, 2025 and are scheduled to vest in three equal annual installments.
Was Aaron M. Kale’s Wendy's Co (WEN) transaction under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed, so the transactions are not reported as being conducted pursuant to a Rule 10b5-1 trading plan, based on the form’s specific disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
