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Wendy's Co (WEN) grants 96K stock options and new RSUs to CMO Radkoski

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Wendy's Co reported equity compensation activities for Lindsay J. Radkoski, CMO, U.S. On August 11, 2026, 633 restricted stock units, including 110 dividend equivalent units from an August 11, 2023 grant, were exercised into 633 shares of common stock as the final tranche of a three-year vesting schedule. On the same date, 185 shares of common stock were delivered or withheld at $7.55 per share for payment of exercise price or tax liability. Radkoski also received a grant of 96,015 employee stock options with an exercise price of $7.55 per share, expiring August 11, 2036, vesting in three equal installments on August 11, 2027, 2028 and 2029, subject to continued employment. In addition, she was granted 13,907 restricted stock units that will vest in three equal installments on August 11, 2027, 2028 and 2029, also subject to continued employment.

Positive

  • None.

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Insider Radkoski Lindsay J.
Role CMO, U.S.
Type Security Shares Price Value
Exercise Restricted Stock Units F2, F1, F3, F4 633 $0.00 $0.00
Grant/Award Employee Stock Option (Right to Buy) F5, F6 96,015 $0.00 $0.00
Grant/Award Restricted Stock Units F2, F1, F7 13,907 $0.00 $0.00
Exercise Common Stock F1 633 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 185 $7.55 $1K
Holdings After Transaction: Employee Stock Option (Right to Buy) — 96,015 shares (Direct); Restricted Stock Units — 129,706 shares (Direct); Common Stock — 38,178 shares (Direct)
Footnotes (7)
  1. F1. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
  2. F2. With tandem dividend equivalent rights and tax withholding rights.
  3. F3. Includes 110 dividend equivalent units that had accrued on the restricted stock units.
  4. F4. The restricted stock units were granted on August 11, 2023 and vested in three equal installments on the first, second and third anniversaries of the grant date. The first, second and third installments (including the related dividend equivalent units) vested on August 11, 2024, 2025 and 2026, respectively.
  5. F5. With tandem net exercise and tax withholding rights.
  6. F6. The option vests in three equal installments on August 11, 2027, 2028 and 2029, subject to Ms. Radkoski's continued employment with the Company on the applicable vesting date.
  7. F7. The restricted stock units will vest in three equal installments on August 11, 2027, 2028 and 2029, subject to Ms. Radkoski's continued employment with the Company on the applicable vesting date.
Options granted 96,015 options Employee stock options granted to Lindsay J. Radkoski on August 11, 2026
Option exercise price $7.55 per share Exercise price for 96,015 employee stock options expiring August 11, 2036
RSUs granted 13,907 units Restricted stock units granted on August 11, 2026 vesting 2027-2029
RSUs vested and converted 633 units/shares 633 restricted stock units, including 110 dividend equivalents, converted to common stock on August 11, 2026
Shares delivered/withheld 185 shares at $7.55 Shares delivered or withheld for payment of exercise price or tax liability
Option expiration August 11, 2036 Expiration date of the 96,015 employee stock options
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 110 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.
net exercise financial
"With tandem net exercise and tax withholding rights."
A net exercise is a way to convert stock options into shares without paying cash up front: instead of handing over money to buy the optioned shares, the holder receives only the number of shares equal to the option’s value after the company withholds a portion of shares to cover the exercise price and taxes. It matters to investors because it changes how many new shares are issued, affects dilution of existing shareholders, and alters company cash flow compared with a cash exercise.
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 equity awards did Wendy's Co (WEN) grant to Lindsay J. Radkoski on August 11, 2026?

Wendy's granted Lindsay J. Radkoski 96,015 employee stock options at $7.55 per share and 13,907 restricted stock units, both vesting in three equal annual installments from 2027 to 2029, subject to her continued employment.

What options terms were reported for Wendy's Co (WEN) CMO Lindsay J. Radkoski?

Radkoski received 96,015 stock options with an exercise price of $7.55 per share, expiring on August 11, 2036. These options vest in three equal installments on August 11, 2027, 2028 and 2029, contingent on continued employment.

How many restricted stock units vested for Wendy's Co (WEN) executive Lindsay J. Radkoski?

On August 11, 2026, 633 restricted stock units, including 110 dividend equivalent units, converted into 633 shares of common stock. These units were from a grant dated August 11, 2023, which vested in three equal annual installments through 2026.

What new restricted stock units did Wendy's Co (WEN) award to Lindsay J. Radkoski?

Wendy's awarded Radkoski 13,907 restricted stock units on August 11, 2026. These RSUs will vest in three equal installments on August 11, 2027, 2028 and 2029, provided she remains employed with the company on each vesting date.

Why were 185 Wendy's Co (WEN) shares withheld or delivered for Lindsay J. Radkoski?

The Form 4 shows 185 shares of common stock were delivered or withheld at $7.55 per share as payment of exercise price or tax liability in connection with the equity transactions reported on August 11, 2026.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Radkoski Lindsay J.

(Last)(First)(Middle)
C/O THE WENDY'S COMPANY
ONE DAVE THOMAS BLVD.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CMO, U.S.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/11/2026M633A$0(1)38,363D
Common Stock08/11/2026F185D$7.5538,178D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)(1)08/11/2026M633(3) (4) (4)Common Stock633$0115,799D
Employee Stock Option (Right to Buy)(5)$7.5508/11/2026A96,015 (6)08/11/2036Common Stock96,015$096,015D
Restricted Stock Units(2)(1)08/11/2026A13,907 (7) (7)Common Stock13,907$0129,706D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
2. With tandem dividend equivalent rights and tax withholding rights.
3. Includes 110 dividend equivalent units that had accrued on the restricted stock units.
4. The restricted stock units were granted on August 11, 2023 and vested in three equal installments on the first, second and third anniversaries of the grant date. The first, second and third installments (including the related dividend equivalent units) vested on August 11, 2024, 2025 and 2026, respectively.
5. With tandem net exercise and tax withholding rights.
6. The option vests in three equal installments on August 11, 2027, 2028 and 2029, subject to Ms. Radkoski's continued employment with the Company on the applicable vesting date.
7. The restricted stock units will vest in three equal installments on August 11, 2027, 2028 and 2029, subject to Ms. Radkoski's continued employment with the Company on the applicable vesting date.
/s/ Mark L. Johnson, Attorney-in-Fact08/13/2026
** Signature of Reporting PersonDate
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)