Wendy's Co (WEN) awards 212,606 stock options and major RSU grants to E.J. Wunsch
Rhea-AI Filing Summary
Wendy's Co reported multiple equity compensation transactions by President, International E.J. Wunsch on August 11, 2026. 3,070 restricted stock units were converted into 3,070 shares of common stock, with 871 shares delivered or withheld for payment of exercise price or tax liability. Wunsch received a new grant of 212,606 stock options with a $7.55 exercise price expiring on August 11, 2036, and new awards of 30,794 and 66,225 restricted stock units, each unit representing one share of common stock and carrying specified multi-year vesting schedules tied to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,199 shares
Net Buy
6 txns
Insider
Wunsch E.J.
Role
President, International
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F3, F4 | 3,070 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Option (Right to Buy) F5, F6 | 212,606 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F2, F1, F7 | 30,794 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F2, F1, F8 | 66,225 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,070 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 871 | $7.55 | $7K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 212,606 shares (Direct);
Restricted Stock Units — 247,844 shares (Direct);
Common Stock — 81,987 shares (Direct)
Footnotes (8)
- 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 515 dividend equivalent units that had accrued on the restricted stock units.
- 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.
- F5. With tandem net exercise and tax withholding rights.
- F6. The option vests in three equal installments on August 11, 2027, 2028 and 2029, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date.
- F7. The restricted stock units will vest in three equal installments on August 11, 2027, 2028 and 2029, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date.
- F8. The restricted stock units will vest in two equal installments on August 11, 2027 and 2028, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date.
Key Figures
Stock options granted: 212,606 shares
Option exercise price: $7.55 per share
RSUs granted (3-year vesting): 30,794 units
+5 more
8 metrics
Stock options granted
212,606 shares
Employee stock option grant to E.J. Wunsch on August 11, 2026
Option exercise price
$7.55 per share
Exercise price of options expiring August 11, 2036
RSUs granted (3-year vesting)
30,794 units
Restricted stock units vesting in three installments 2027–2029
RSUs granted (2-year vesting)
66,225 units
Restricted stock units vesting in two installments 2027–2028
RSUs converted to shares
3,070 shares
Restricted stock units converted into common stock on August 11, 2026
Shares for price or tax
871 shares at $7.55
Shares delivered or withheld for exercise price or tax liability
Dividend equivalent units
515 units
Dividend equivalent units accrued on restricted stock units
Option expiration
August 11, 2036
Expiration date of 212,606 stock options
Key Terms
Restricted Stock Units, dividend equivalent units, tandem dividend equivalent rights, net exercise, +1 more
5 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 515 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."
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.
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
What equity awards did Wendy's Co (WEN) grant to E.J. Wunsch on August 11, 2026?
E.J. Wunsch received a grant of 212,606 stock options at an exercise price of $7.55 per share and new awards of 30,794 and 66,225 restricted stock units, each unit representing one share of Wendy’s common stock.
What vesting terms apply to the new Wendy's Co (WEN) stock options granted to E.J. Wunsch?
The 212,606 stock options granted to E.J. Wunsch vest in three equal installments on August 11, 2027, 2028 and 2029, subject to his continued employment with Wendy’s on each applicable vesting date, and expire on August 11, 2036.
How do the new restricted stock units for Wendy's Co (WEN) executive E.J. Wunsch vest?
One RSU award of 30,794 units will vest in three equal installments on August 11, 2027, 2028 and 2029, while another award of 66,225 units will vest in two equal installments on August 11, 2027 and 2028, in each case contingent on continued employment.
What happened to E.J. Wunsch’s previously granted Wendy's Co (WEN) restricted stock units?
Previously granted restricted stock units vested in three equal installments on August 11, 2024, 2025 and 2026, including 515 dividend equivalent units. On August 11, 2026, 3,070 units converted into an equal number of common shares as part of this vesting schedule.
Do Wendy's Co (WEN) restricted stock units for E.J. Wunsch include dividend rights?
Certain restricted stock unit awards include tandem dividend equivalent rights, and the vested award reported on August 11, 2026 included 515 dividend equivalent units that had accrued on the restricted stock units, enhancing the total number of units delivered as they vested.
AI-generated analysis. How Rhea-AI works. Not financial advice.
