Wendy's Co (WEN) U.S. president vests 7,963 RSUs, with 2,318 shares withheld
Rhea-AI Filing Summary
Wendy's Co President, U.S. Peter J. Suerken Jr. reported the vesting and exercise of 7,963 restricted stock units (RSUs) into an equal number of common shares on August 12, 2026. The RSUs, granted on August 12, 2025, vest in three equal annual installments; this transaction reflects the first installment, including 545 dividend equivalent units. Following this vesting, Suerken holds 164,514 RSUs outstanding. In a related transaction, 2,318 common shares were delivered or withheld at $8.66 per share for payment of exercise price or tax liability.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,645 shares
Net Buy
3 txns
Insider
Suerken Peter J. JR
Role
President, U.S.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F3, F4 | 7,963 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 7,963 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,318 | $8.66 | $20K |
Holdings After Transaction:
Restricted Stock Units — 164,514 shares (Direct);
Common Stock — 6,868.6851 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 545 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. Suerken'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 and converted: 7,963 units
Dividend equivalent units included: 545 units
RSUs remaining outstanding: 164,514 units
+3 more
6 metrics
RSUs vested and converted
7,963 units
Restricted stock units converted into common stock on August 12, 2026
Dividend equivalent units included
545 units
Dividend equivalent units accrued on vested restricted stock units
RSUs remaining outstanding
164,514 units
Restricted stock units held by Peter J. Suerken Jr. after this vesting
Shares delivered/withheld
2,318 shares
Common shares used for payment of exercise price or tax liability
Price per share for tax/exercise payment
$8.66 per share
Per-share value for the 2,318 common shares delivered or withheld
RSU grant date
August 12, 2025
Grant date of the restricted stock units that are vesting in three installments
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 545 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"
tax withholding rights financial
"With tandem dividend equivalent rights and tax withholding rights"
FAQ
What did Wendy's Co (WEN) disclose about Peter J. Suerken Jr.'s recent equity transaction?
Wendy's Co reported that President, U.S. Peter J. Suerken Jr. had 7,963 RSUs vest and convert into common stock on August 12, 2026. These RSUs were the first of three equal annual installments from a grant dated August 12, 2025.
How many Wendy's Co (WEN) RSUs does Peter J. Suerken Jr. still hold after this transaction?
After the reported vesting, Peter J. Suerken Jr. holds 164,514 restricted stock units. These remaining RSUs continue to represent contingent rights to receive an equivalent number of Wendy’s common shares as future vesting conditions are met.
What common stock transactions were reported for Wendy's Co (WEN) in this Form 4?
The filing shows 7,963 common shares acquired upon RSU vesting and 2,318 common shares delivered or withheld. The 2,318 shares were used for payment of exercise price or tax liability at a price of $8.66 per share.
What are the vesting terms of Peter J. Suerken Jr.’s Wendy's Co (WEN) RSU grant?
The RSUs 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 Suerken’s continued employment on each applicable vesting date.
What do the dividend equivalent units mean in Wendy's Co (WEN) Form 4?
The transaction includes 545 dividend equivalent units that accrued on the RSUs. Each RSU, with its dividend equivalents, represents a contingent right to receive one share of Wendy’s common stock plus amounts reflecting dividends during the vesting period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
