Wendy's CMO exercises 1,104 RSUs, delivers 322 shares
Lindsay J. Radkoski, CMO, U.S. of Wendy's Co, reported the vesting and conversion of 1,104 restricted stock units into an equal number of common shares on August 5, 2026, including 131 dividend equivalent units.
Rhea-AI Filing Summary
Lindsay J. Radkoski, CMO, U.S. of Wendy's Co, reported the vesting and conversion of 1,104 restricted stock units into an equal number of common shares on August 5, 2026, including 131 dividend equivalent units. These RSUs were from an August 5, 2024 grant vesting in three equal annual installments, with the second installment vesting on August 5, 2026. In connection with the vesting, 322 common shares were delivered or withheld at $7.9900 per share for payment of exercise price or tax liability. Following the conversion, Radkoski continues to hold 116,432 restricted stock units.
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Insider Trade Summary
1,104 shares exercised/converted
Exercise
3 txns
Insider
Radkoski Lindsay J.
Role
CMO, U.S.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F3, F4 | 1,104 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,104 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 322 | $7.99 | $3K |
Holdings After Transaction:
Restricted Stock Units — 116,432 contracts (Direct);
Common Stock — 37,730 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 131 dividend equivalent units that had accrued on the restricted stock units.
- F4. The restricted stock units were granted on August 5, 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 5, 2025 and 2026, respectively.
Key Figures
RSUs converted to common stock: 1,104 shares
Shares delivered/withheld: 322 shares at $7.9900 per share
Restricted Stock Units remaining: 116,432 units
+1 more
4 metrics
RSUs converted to common stock
1,104 shares
Restricted stock units vested and converted on August 5, 2026.
Shares delivered/withheld
322 shares at $7.9900 per share
Common shares delivered or withheld for payment of exercise price or tax liability.
Restricted Stock Units remaining
116,432 units
RSU balance following the August 5, 2026 conversion transaction.
Dividend equivalent units included
131 units
Dividend equivalent units that had accrued on the restricted stock units that vested.
Key Terms
Restricted Stock Units, dividend equivalent units, tandem dividend equivalent rights, Payment of exercise price or tax liability
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 131 dividend equivalent units that had accrued on the restricted stock units"
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"
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Wendy's Co (WEN) report for Lindsay J. Radkoski?
Lindsay J. Radkoski, CMO, U.S., reported the vesting and conversion of 1,104 restricted stock units into common stock on August 5, 2026. The transaction reflects a scheduled RSU vesting from an August 5, 2024 grant with a three-year, equal-installment vesting schedule.
What is Lindsay Radkoski's remaining restricted stock unit balance at Wendy's Co (WEN)?
After the reported conversion, Radkoski continues to hold 116,432 restricted stock units. This figure reflects the remaining RSU balance following the disposition of 1,104 units that vested and converted into common stock on August 5, 2026.
How do Lindsay Radkoski’s Wendy's Co (WEN) restricted stock units vest?
The restricted stock units were granted on August 5, 2024 and vest in three equal installments on the first, second and third anniversaries of the grant date, subject to continued employment. The first and second installments vested on August 5, 2025 and August 5, 2026, respectively.
AI-generated analysis. How Rhea-AI works. Not financial advice.
