The Wendy's Company files SEC reports that document its quick-service restaurant system, Nasdaq-listed common stock, operating results, governance matters, and capital structure. Its 8-K filings cover quarterly and annual results, Regulation FD disclosures, material agreements, shareholder voting matters, and other company events tied to franchise operations, restaurant sales, royalties, fees, and advertising funds.
WEN filings also include proxy materials covering board and shareholder governance, ownership-related disclosures such as Schedule 13D amendments, and financing records for subsidiary-issued securitized notes. Those financing disclosures describe collateral tied to franchise-related agreements, real estate assets, and intellectual property and license agreements within the Wendy's system.
Wendy's Co. (WEN) Form 4 reports that Director Bradley G. Peltz was granted 13,226 common shares on 07/24/2025 (Transaction code “A”). The shares were acquired at $0, indicating a board equity award or restricted-stock grant rather than an open-market purchase.
After the grant, Peltz’s beneficial ownership totals 145,623 shares: 13,226 held directly and 132,397 held indirectly through the Peltz 2009 Family Trust. No derivative securities were involved and no dispositions were reported. The filing contains no additional financial metrics or strategic disclosures.
The award modestly increases insider alignment but is immaterial versus Wendy’s ~212 million-share float and therefore is unlikely to affect valuation or liquidity.
Amendment No. 63 to Schedule 13D filed on 07 July 2025 updates the ownership positions of Trian Fund Management, L.P. and affiliated reporting persons in The Wendy’s Company (NASDAQ: WEN).
- Aggregate ownership: The filing persons now beneficially own 31,069,149 common shares, equal to 16.18 % of the 192,025,248 shares outstanding as of 25 Apr 2025.
- Key individual stakes: • Nelson Peltz – 30,904,107 shares (16.09 %)
• Peter W. May – 30,697,418 shares (15.99 %)
• Trian Fund Management, L.P. – 14,943,466 shares (7.78 %)
• Other Trian vehicles hold the remainder as itemised in Item 5(a). - Ownership change driver: Since Amendment No. 61, directors Peter May and Matthew Peltz received a combined 40,488 time-based share awards plus 27,968 restricted shares under the 2020 Omnibus Award Plan. No open-market purchases or sales were reported in the past 60 days.
- Board change: Matthew Peltz resigned from the Board effective 08 Jul 2025 to focus on other business interests. The Board appointed his brother, Bradley G. Peltz, Managing Director of Yellow Cab Holdings (a 89-unit Wendy’s franchisee), to fill the vacancy.
- Voting agreement: Nelson Peltz and Peter May continue to share voting power over portions of each other’s stakes pursuant to an existing voting agreement.
The amendment contains no new financing arrangements, takeover proposals or additional activist actions; it primarily refreshes share counts, reflects routine director equity awards and documents the intra-family board transition.
Form 4 snapshot: On 07/01/2025, Wendy’s (WEN) director Kristin A. Dolan received 1,156 common shares under the company’s 2020 Omnibus Award Plan, issued in lieu of her normal cash retainer for Board and committee service. The Plan sets the share price at the $11.62 average closing price across the 20 trading days preceding the payment date.
After this grant, Dolan’s direct ownership rises to 43,797 WEN shares. No derivative securities or open-market transactions were reported, indicating this is a routine, compensation-related issuance rather than a bullish discretionary purchase. Accordingly, the filing is expected to have minimal direct market impact but does marginally align director interests with shareholders through additional equity exposure.
Matthew Coley O'Brien, Chief People Officer of The Wendy's Company (WEN), received new restricted stock units (RSUs) through dividend equivalent units on June 16, 2025. The transactions include:
- 222 RSUs vesting on March 1, 2026
- 45 RSUs vesting in two equal installments on August 11, 2025 and 2026
- 91 RSUs vesting in three equal installments on August 5, 2025, 2026, and 2027
Following these transactions, O'Brien now beneficially owns 29,027 RSUs in total. All RSUs include tandem dividend equivalent rights and tax withholding rights, with each unit representing one share of Wendy's common stock. Vesting is contingent upon continued employment with the company through the respective vesting dates.
Wendy's President U.S. Abigail E. Pringle received additional restricted stock units (RSUs) through dividend equivalent rights on June 16, 2025. The transactions include:
- 106 RSUs that vest in two equal installments on August 11, 2025 and 2026
- 229 RSUs that vest in three equal installments on August 5, 2025, 2026, and 2027
Following these transactions, Pringle beneficially owns 26,880 and 27,109 RSUs respectively in direct ownership. Each RSU represents a contingent right to receive one share of Wendy's common stock. The RSUs include tandem dividend equivalent rights and tax withholding rights. Vesting is subject to continued employment with Wendy's on applicable dates.