Every Form 4 that The Wendy's Company (WEN) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow WEN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WEN filings page.
MAY PETER W reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co director and ten percent owner Peter W. May reported a stock grant. He received an award of 20,967 shares of common stock at no cost, bringing his direct holdings to 5,563,014 shares.
The filing also lists 14,943,466 shares of Wendy's Co common stock held indirectly "By Trian Partners." Footnotes explain that Trian Fund Management, L.P. determines investment and voting decisions for various Trian funds and that Mr. May, as a founding partner and related entity member, may be deemed to indirectly beneficially own these shares but disclaims beneficial ownership except to the extent of his pecuniary interest.
MAY PETER W reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co director and large shareholder Peter W. May received 4,166 shares of common stock as an equity award. The shares were issued under the company’s 2020 Omnibus Award Plan instead of paying his quarterly Board and committee retainers in cash, using a price based on a 20‑day average.
After this grant, Mr. May directly holds 5,542,047 Wendy’s shares. The filing also shows 14,943,466 additional shares held indirectly through Trian Partners entities, where he may be deemed to share investment and voting power, subject to stated beneficial ownership disclaimers.
Peltz Bradley G. reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co director Bradley G. Peltz received 3,448 shares of common stock as a fee-related award. The shares were granted on April 3, 2026 under the 2020 Omnibus Award Plan in lieu of his cash board and committee retainers at an award price of $7.14 per share. Following the grant, he directly holds 24,460 shares, in addition to 132,397 shares held indirectly by the Peltz 2009 Family Trust.
Dolan Kristin A reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co director Kristin A. Dolan received a grant of 1,047 shares of common stock on April 3, 2026. The shares were issued under the 2020 Omnibus Award Plan in lieu of a portion of her quarterly board and committee retainer fees, at a price of $7.14 per share based on a 20-day average. Following this award, she directly holds 47,755 common shares.
Esposito Liliana reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co reported that officer Liliana Esposito received several awards of restricted stock units on March 16, 2026, totaling 1,582 restricted stock units, each representing one share of Wendy's common stock. After these grants, she directly holds 81,168 restricted stock units.
The awards are compensation-related grants, not open-market purchases or sales. According to the disclosure, the units vest in scheduled installments between August 2026 and August 2028, and each vesting is contingent on Ms. Esposito’s continued employment with the company on the applicable vesting dates.
O'Brien Matthew Coley reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co reported that Chief People Officer Matthew Coley O'Brien received several grants of restricted stock units (RSUs) on March 16, 2026, all as equity compensation awards rather than open‑market share purchases or sales.
The awards include RSUs with tandem dividend equivalent and tax withholding rights, each representing a contingent right to one share of common stock. These RSUs vest over future dates, with remaining installments scheduled on August 5, 11 and 12 in 2026, 2027 and 2028, subject to his continued employment. Following these grants, his directly held RSUs total 96,093 units.
Radkoski Lindsay J. reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co chief marketing officer for U.S. operations, Lindsay J. Radkoski, received several grants of restricted stock units on March 16, 2026 as equity compensation, not through open‑market purchases. After these awards, she directly holds 115,203 restricted stock units tied one-for-one to common shares.
The units carry dividend equivalent and tax-withholding features and vest on various dates between August 2026 and August 2028, in some cases in installments, all contingent on her continued employment with the company through the applicable vesting dates.
Spessard Matthew P reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co Chief Information Officer Matthew P. Spessard received multiple grants of restricted stock units (RSUs) on March 16, 2026 as equity compensation. The awards, including dividend equivalent units, give him contingent rights to receive an equal number of common shares at no cash cost.
The RSUs vest over several future dates, with remaining installments scheduled on August 5, 11 and 12 in 2026, in two installments in 2027, and in some cases extending to 2028, all subject to his continued employment on the applicable vesting dates. Following these awards, he directly holds 63,937 RSUs.
Wendy's Co Chief Accounting Officer Suzanne M. Thuerk reported multiple compensation-related grants of restricted stock units on March 16, 2026. She acquired a total of 1,036 RSUs at a stated price of $0.00 per unit, each representing a contingent right to receive one share of common stock. Some of these awards are dividend equivalent units, and the footnotes state that the RSUs carry tandem dividend equivalent and tax withholding rights. The RSUs vest on a staggered schedule, with remaining installments in August 2026 and 2027, a full vesting on December 18, 2027, and additional equal installments through August 2028, all subject to her continued employment. Following these awards, Thuerk directly holds 53,083 restricted stock units tied to Wendy's common stock.
Wunsch E.J. reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co reported that President, International E.J. Wunsch received several grants of restricted stock units on March 16, 2026, including awards of 59, 211, 463 and 2,314 units, each representing one share of common stock. Following these compensation awards, he directly holds 156,258 restricted stock units. Footnotes state that some units are dividend equivalent awards and that the grants vest in installments between August 2026 and August 2028, contingent on his continued employment.
Min John reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co reported that Chief Legal Officer and Secretary John Min received multiple grants of restricted stock units on March 16, 2026, covering a total of 2,340 units, each representing a contingent right to one share of common stock. Following these awards, he directly holds 119,957 restricted stock units. Some units are identified as dividend equivalent units issued on March 16, 2026. The awards vest on different schedules: one tranche vests in full on September 16, 2027, another in three equal installments on August 12, 2026, 2027 and 2028, and another in two equal installments on August 12, 2026 and 2027, all subject to his continued employment.
Suerken Peter J. JR reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co President, U.S. Peter J. Suerken received new equity awards in the form of restricted stock units (RSUs). On March 16, 2026, he was granted 2,840 RSUs with dividend equivalent and tax withholding rights, which will vest in full on July 22, 2027, subject to continued employment.
He also received 456 dividend equivalent RSUs issued on March 16, 2026, scheduled to vest in three equal installments on August 12, 2026, 2027 and 2028, again requiring ongoing employment. After these awards, his directly held RSU-based interest in Wendy’s common stock rose to 169,051 units.
Arlin Wendy C. reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co director Wendy C. Arlin received restricted stock unit awards that increase her potential future ownership in the company. On March 16, 2026, she was granted 291 restricted stock units and 201 restricted stock units as dividend equivalent units, both at no cash cost.
Each restricted stock unit represents the right to receive one share of common stock. According to the award terms, some units had previously vested on May 21, 2025, with shares to be delivered when she leaves the board, while another grant will vest on the earlier of May 21, 2026 or the 2026 annual shareholder meeting.
Dolan Kristin A reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co director Kristin A. Dolan received a grant of 291 restricted stock units (RSUs) tied to common stock. The award was issued on March 16, 2026 as dividend equivalent units. Each RSU represents a contingent right to receive one share of Wendy's common stock.
The RSUs will vest in full on the earlier of May 21, 2026 or the date of the company’s 2026 annual meeting of stockholders, with shares delivered when Ms. Dolan’s service as a director ends. Following this grant, she holds 14,901 RSUs directly.
Cook Kenneth M. reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co interim CEO and CFO Kenneth M. Cook received equity compensation in the form of restricted stock units (RSUs). On March 16, 2026, he was granted a total of 3,741 RSUs, each representing a contingent right to one share of Wendy's common stock.
The awards include RSUs with tandem dividend equivalent and tax withholding rights, and various vesting schedules. Some RSUs vest in full on December 2, 2027, while others vest in equal installments on August 12 of 2026, 2027 and 2028, subject to his continued employment. Following these grants, Cook directly holds 191,810 RSUs or equivalent common shares.
Wendy's Co Chief People Officer Matthew Coley O'Brien reported equity award activity involving restricted stock units and common shares. On March 1, 2026, he exercised 18,598 restricted stock units into the same number of common shares at $0.00 per share through a derivative exercise.
To cover tax obligations, 5,690 common shares were disposed of at $7.66 per share as a tax-withholding transaction, not an open-market sale. After these transactions, he directly held 106,587 common shares and 94,218 restricted stock units. The units were originally granted on March 1, 2023 and fully vested, including 2,833 dividend equivalent units, on March 1, 2026.
Wendy's Co Chief Information Officer Matthew P. Spessard reported equity compensation activity involving company common stock. He acquired 2,511 shares at a price of $0.0000 per share as a grant or award, reflecting settlement of performance units granted in February 2023 under the long-term incentive plan.
On the same date, 858 shares were disposed of at $7.77 per share to satisfy tax withholding obligations by delivering shares. After these transactions, he directly owned 11,748 shares of Wendy's common stock.
Wendy's Co Chief Accounting Officer Suzanne M. Thuerk received 1,673 shares of common stock at no cost, reflecting settlement of performance units granted to her in February 2023 under the company’s long-term incentive plan. On the same date, 576 shares were disposed of at $7.77 per share to satisfy tax obligations through share delivery. After these transactions, she directly owned 12,619 common shares.
Wendy's Co President, International E.J. Wunsch reported equity compensation activity. On February 23, 2026, he acquired 12,278 shares of common stock at $0 per share from the settlement of performance units granted under the company’s long-term incentive plan in February 2023.
On the same date, 4,141 shares of common stock were disposed of at $7.77 per share to satisfy tax withholding obligations. After these transactions, Wunsch directly owned 78,628 shares of Wendy's Co common stock.
Wendy's Co Chief People Officer Matthew Coley O'Brien reported mixed equity transactions in company common stock. He acquired 7,813 shares on February 23, 2026 at $0.00 per share as a grant, reflecting settlement of performance units granted in February 2023 under the long-term incentive plan. On the same date, 2,688 shares were disposed of at $7.77 per share to cover tax obligations by delivering shares, a standard tax-withholding transaction. Following these transactions, his directly held common stock position was 93,679 shares.
Wendy's Co officer Liliana Esposito reported two stock transactions in Common Stock. She acquired 6,976 shares at no cost through settlement of performance units granted in February 2023 under the long-term incentive plan, and disposed of 2,358 shares at $7.77 per share to cover tax obligations. After these transactions, she directly owns 93,049 shares.
Wendy's Co CMO, U.S. Lindsay J. Radkoski reported mixed equity transactions involving company common stock. On February 23, 2026, she acquired 2,511 shares at no cost through settlement of performance units granted in February 2023 under the long-term incentive plan.
On the same date, 864 shares of common stock were disposed of at $7.77 per share to cover tax obligations, described as a tax-withholding disposition. After these transactions, her directly held common stock position was 36,948 shares.
Wendy's Co Chief Information Officer Matthew P. Spessard reported equity award activity involving restricted stock units and common shares. On February 20, 2026, he exercised 3,481 restricted stock units, receiving the same number of shares of common stock at a price of $0.00 per share. In a related tax-withholding transaction, 1,189 common shares were disposed of at $8.09 per share to cover tax obligations. After these transactions, he held 10,095 shares of common stock directly and 62,690 restricted stock units, which include 201 dividend equivalent units. The remaining restricted stock units are scheduled to vest in two equal installments on February 20, 2027 and February 20, 2028, subject to his continued employment.
Wendy's Co director Kristin A. Dolan received 1,564 shares of common stock on January 5, 2026, as a stock grant under the company’s 2020 Omnibus Award Plan. The shares were issued in lieu of a portion of her quarterly Board retainer and Board committee fees that would otherwise have been paid in cash.
The grant was priced at $8.37 per share, based on the average closing price over the 20 trading days before the fees would have been payable. Following this award, Ms. Dolan beneficially owns 46,708 shares of Wendy’s common stock, held directly.
Wendy's Company director Bradley G. Peltz received additional stock-based board compensation. On 01/05/2026, he was issued 2,942 shares of Wendy's common stock at $8.37 per share under the Company's 2020 Omnibus Award Plan instead of taking his quarterly Board and Board committee retainer fees in cash. After this grant, he beneficially owns 21,012 common shares directly and 132,397 common shares indirectly through the Peltz 2009 Family Trust.
Wendy's director and 10% owner Peter W. May reported receiving 5,704 shares of common stock on January 5, 2026. The shares were issued at $8.37 per share under the company’s 2020 Omnibus Award Plan in lieu of his quarterly Board and Board committee cash retainer fees, with the price based on the average closing price over the 20 trading days before the payment date.
Following this grant, May directly beneficially owned 5,537,881 Wendy’s shares. The filing also reports 14,943,466 shares indirectly beneficially owned through Trian Partners, where Trian Fund Management, L.P. and May may be deemed to share investment and voting power, while disclaiming beneficial ownership beyond any pecuniary interest.
The Wendy's Company reported new equity awards for an executive. A company officer, serving as Chief Corporate Affairs & Sustainability Officer, received several grants of restricted stock units (RSUs) on December 15, 2025, including 29, 74, 205 and 1,024 RSUs, each with an exercise price of $0 and each representing the right to receive one share of common stock.
The RSUs are described as dividend equivalent units and increase the officer’s beneficial ownership of derivative securities to 79,586 RSUs following the reported transactions. The awards vest over time, with portions scheduled to vest on August 5, 2026 and 2027, August 11, 2026, and August 12 in 2026, 2027 and 2028, in each case contingent on the officer’s continued employment with the company on the applicable vesting dates.
The Wendy's Company Chief People Officer reports additional restricted stock units (RSUs) tied to dividend equivalents. On 12/15/2025, Mr. O'Brien received several RSU grants credited as dividend equivalent units, including 312, 31, 85, 243 and 1,216 RSUs, all at a price of $0.
Each RSU represents a contingent right to receive one share of Wendy's common stock. After these grants, Mr. O'Brien beneficially owned 112,816 derivative securities in the form of RSUs. The units have different vesting schedules, generally requiring continued employment through future dates in March 2026 and in August 2026, 2027 and 2028.
The Wendy's Company reported a Form 4 transaction for its U.S. Chief Marketing Officer, identified as an officer of the company. On 12/15/2025, she received multiple grants of restricted stock units (RSUs) with tandem dividend equivalent and tax withholding rights, each RSU representing a right to receive one share of common stock at no cash cost.
The new RSUs reflect dividend equivalent units added to several existing equity awards, in amounts including 11, 147, 35, 89, 532, 179 and 896 units, all settled in common stock. After these transactions, she beneficially owned 112,956 derivative securities tied to Wendy's common stock.
The RSUs have staggered vesting schedules between August 2026 and August 2028, with various awards vesting in one or more installments and all vesting remaining subject to Ms. Radkoski’s continued employment with the company on the applicable vesting dates.
The Wendy's Company executive reports new stock-based awards. On December 15, 2025, the company's Chief Information Officer received several grants of restricted stock units (RSUs) tied to common stock dividend equivalents, in amounts of 11, 39, 175, 148 and 736 units at a price of $0 per unit. Each RSU represents a contingent right to receive one share of Wendy's common stock, and following these transactions the executive beneficially owned 66,171 derivative securities in the form of RSUs held directly.
The RSUs carry dividend equivalent and tax withholding rights and will vest over time, subject to the executive’s continued employment. The vesting schedule runs through dates including February 20, 2026, 2027 and 2028 and August 5, 2026 and 2027, as well as August 11, 2026 and August 12, 2026, 2027 and 2028, reflecting a mix of remaining single and multiple installment vesting conditions.
The Wendy's Company reported an insider equity award for its Chief Accounting Officer, Ms. Thuerk. On December 15, 2025, she received several grants of restricted stock units (RSUs) that represent dividend equivalent units, each linked to one share of Wendy's common stock and carrying tandem dividend equivalent and tax withholding rights.
The RSUs have no exercise price and convert into common shares if vesting conditions are met. The awards vest over multiple future dates, including a remaining installment on August 11, 2026, two equal installments on August 5, 2026 and 2027, one installment on December 18, 2027, three equal installments on August 12, 2026, 2027 and 2028, and two equal installments on August 12, 2026 and 2027, in each case subject to her continued employment with the company.
The Wendy's Company reported that its President, International received multiple grants of restricted stock units as dividend equivalents on December 15, 2025. These restricted stock units carry tandem dividend equivalent and tax withholding rights and each unit represents a contingent right to receive one share of Wendy's common stock at no cash cost to the executive.
The filing explains that portions of these restricted stock units, including a grant of 1,946 units, will vest over time if the executive remains employed. Vesting dates run through August 2028, with some awards vesting in one remaining installment in August 2026, others in two equal installments in August 2026 and 2027, and others in three equal installments in August 2026, 2027 and 2028.
Wendy's Co reported an equity award transaction for an executive officer on a Form 4. The reporting person is an officer serving as Chief Legal Officer & Secretary, and the filing covers derivative securities in the form of restricted stock units (RSUs) tied to the company’s common stock.
On December 15, 2025, the officer received RSUs classified as dividend equivalent units at a price of $0 per unit, with underlying common stock in amounts of 254, 285, and 1,428 shares. Each RSU represents a contingent right to receive one share of common stock. These RSUs carry tandem dividend equivalent rights and tax withholding rights.
The vesting schedules vary: one tranche vests in full on September 16, 2027, another vests in three equal installments on August 12, 2026, 2027 and 2028, and another vests in two equal installments on August 12, 2026 and 2027, in each case subject to the officer’s continued employment on the applicable vesting dates.
Wendy's CoDecember 15, 2025, he received three separate grants of dividend-equivalent restricted stock units covering 299, 285, and 2,561 units, each representing a contingent right to receive one share of common stock at no exercise price. These units carry dividend equivalent and tax withholding rights.
The units have different vesting schedules. One grant vests in full on December 2, 2027, another vests in three equal installments on August 12, 2026, 2027, and 2028, and the third vests in two equal installments on August 12, 2026 and 2027, all subject to Mr. Cook’s continued employment with the company on the applicable vesting dates.
Wendy's CoDecember 15, 2025, he received two grants of restricted stock units as dividend equivalents tied to existing awards. One grant was for 2,388 restricted stock units and the other for 385 restricted stock units, each representing the right to receive one share of Wendy's common stock per unit at no cash exercise price.
The filing shows these units carry tandem dividend equivalent and tax withholding rights. The 2,388 units are scheduled to vest in full on July 22, 2027, while the 385 units vest in three equal installments on August 12, 2026, 2027 and 2028, in each case contingent on Mr. Suerken’s continued employment with the company on the relevant vesting dates.
The Wendy's Company director reports new restricted stock units in a Form 4 filing. On December 15, 2025, the reporting person received two grants of derivative securities in the form of restricted stock units (RSUs) that each convert into shares of Wendy's common stock on a one-for-one basis.
The first line reflects 169 RSUs, described as dividend equivalent units issued on December 15, 2025, linked to previously vested RSUs that became fully vested on May 21, 2025, with delivery of shares deferred until Ms. Arlin ceases to serve as a director. The second line reflects 245 RSUs, also described as dividend equivalent units, tied to RSUs scheduled to vest in full on the earlier of May 21, 2026 or the 2026 annual meeting of stockholders, with delivery likewise deferred until her board service ends.
Both RSU transactions show an exercise price of $0 and are reported as directly owned derivative securities. After these transactions, the filing shows updated RSU balances of 24,467 and then 24,712 derivative securities beneficially owned.
The Wendy's Company director reports new restricted stock units in a routine insider filing. On 12/15/2025, director Ms. Dolan received 245 restricted stock units as dividend equivalent units tied to the company’s common stock. Each unit represents a contingent right to receive one share of common stock, at no exercise price, and is reported as a derivative security. These restricted stock units will vest in full on the earlier of May 21, 2026 or the date of the company’s 2026 annual meeting of stockholders. After this transaction, Ms. Dolan beneficially owns 14,610 derivative securities directly, with vested shares to be delivered when she terminates service as a director.
The Wendy's Company officer reports small stock purchase
An officer of The Wendy's Company (WEN), serving as President, U.S., reported buying 500 shares of common stock on 11/20/2025 at a price of $7.88 per share. After this open-market purchase, the officer beneficially owns about 1,203.5042 common shares directly. This filing is a routine Form 4 disclosure of insider share ownership and trading activity.
The Wendy's Company officer reports small stock purchase
An officer of The Wendy's Company (WEN), serving as Chief Legal Officer and Secretary, reported buying 1,700 shares of Wendy's common stock in an open-market transaction on 11/19/2025 at a price of $8.18 per share. After this purchase, the officer beneficially owns 3,004.9 shares directly. This filing is a routine disclosure of insider trading activity required by regulators and does not describe any change to the company’s operations or financial performance.
Kristin A. Dolan, a Wendy's Co (WEN) director, was issued 1,347 shares of Common Stock on 10/01/2025 in lieu of her quarterly board and committee cash retainers. The shares were issued under the company’s 2020 Omnibus Award Plan at a per-share price of $9.72, which is calculated as the average closing price over the 20 trading days immediately before the retainer payment date. Following the issuance, Ms. Dolan beneficially owns 45,144 shares. The filing was submitted by an attorney-in-fact on 10/02/2025 and identifies Ms. Dolan’s reporting relationship as a Director of the issuer.
Peter W. May, a director and 10% owner of Wendy's Co (WEN), received 3,295 shares of Common Stock on 10/01/2025 under the company’s 2020 Omnibus Award Plan in lieu of quarterly cash retainer fees; the per-share price used for the award was $9.72. After this issuance, Mr. May’s reported direct beneficial ownership is 5,532,177 shares. The filing also discloses indirect beneficial ownership of 14,943,466 shares held by Trian Partners entities, for which Trian Fund Management serves as manager and Mr. May may be deemed to share voting and dispositive power. The report was signed by an attorney-in-fact on behalf of Mr. May.