Wendy's CMO converts RSUs, withholds shares for taxes
Wendy's Co reported equity compensation activity for Lindsay J. Radkoski, CMO, U.S. On August 12, 2026, she exercised or converted restricted stock units into 31,591 shares of common stock in total.
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Form Type
4
Rhea-AI Filing Summary
Wendy's Co reported equity compensation activity for Lindsay J. Radkoski, CMO, U.S. On August 12, 2026, she exercised or converted restricted stock units into 31,591 shares of common stock in total. In related transactions, 8,562 shares of common stock were delivered or withheld at $8.66 per share for payment of exercise price or tax liability. The vested awards included dividend equivalent units that had accrued on the restricted stock units granted on August 12, 2025, with the first installments vesting on August 12, 2026, subject to continued employment conditions.
Insider Trade Summary
31,591 shares exercised/converted
Exercise
6 txns
Insider
Radkoski Lindsay J.
Role
CMO, U.S.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F3, F4 | 27,878 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F1, F5, F6 | 3,713 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 27,878 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 7,555 | $8.66 | $65K |
| Exercise | Common Stock F1 | 3,713 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,007 | $8.66 | $9K |
Holdings After Transaction:
Restricted Stock Units — 98,115 contracts (Direct);
Common Stock — 61,207 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 1,914 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. Radkoski'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 252 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. Radkoski'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
Total shares from RSU conversions: 31,591 shares
First RSU tranche converted: 27,878 units
Second RSU tranche converted: 3,713 units
+4 more
7 metrics
Total shares from RSU conversions
31,591 shares
Common stock received upon RSU exercise or conversion on August 12, 2026
First RSU tranche converted
27,878 units
Restricted stock units (with dividend equivalents) converting into common stock on August 12, 2026
Second RSU tranche converted
3,713 units
Restricted stock units (with dividend equivalents) converting into common stock on August 12, 2026
Shares for exercise price or taxes
8,562 shares
Common shares delivered or withheld in code F transactions related to the awards
Code F per-share value
$8.66 per share
Price used for payment of exercise price or tax liability in code F transactions
Dividend equivalent units (first grant)
1,914 units
Dividend equivalent units accrued on one RSU grant included in the vested installment
Dividend equivalent units (second grant)
252 units
Dividend equivalent units accrued on another RSU grant included in the vested installment
Key Terms
Restricted Stock Units, dividend equivalent units, tandem dividend equivalent rights and tax withholding rights, Payment of exercise price or tax liability by delivering or withholding securities
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 1,914 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."
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction code "F" described as Payment of exercise price or tax liability"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity transactions did Wendy's Co (WEN) report for Lindsay J. Radkoski?
Wendy's Co reported that CMO Lindsay J. Radkoski exercised or converted restricted stock units into 31,591 shares of common stock on August 12, 2026. Related transactions also delivered or withheld shares to cover exercise price or tax obligations.
How many Wendy's Co (WEN) restricted stock units vested for Lindsay J. Radkoski?
On August 12, 2026, 27,878 restricted stock units and 3,713 restricted stock units converted into common stock. These amounts included accrued dividend equivalent units tied to the original August 12, 2025 grants.
What were the grant and vesting terms of Lindsay J. Radkoski’s Wendy's Co (WEN) restricted stock units?
The restricted stock units were granted on August 12, 2025. One grant vests in two equal installments over two years and another in three equal installments over three years, with the first installments vesting on August 12, 2026, subject to continued employment.
Were Lindsay J. Radkoski’s Wendy's Co (WEN) transactions under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmatively marked, and no footnote states that the transactions were pursuant to a Rule 10b5-1 trading plan. The transactions are reported as equity award exercises and related tax or exercise-price settlements.
Did the Wendy's Co (WEN) Form 4 report any remaining derivative positions for Lindsay J. Radkoski?
The Form 4’s derivative summary is empty, and no remaining derivative positions are listed in this report. It only details the restricted stock unit conversions and related share deliveries or withholdings on August 12, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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