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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.
Matthew P. Spessard, Chief Information Officer of The Wendy's Company (WEN), received multiple restricted stock unit (RSU) grants on June 16, 2025 as dividend equivalent units:
- 15 RSUs vesting in two equal installments on August 11, 2025 and 2026
- 41 RSUs vesting in three equal installments on August 5, 2025, 2026, and 2027
- 125 RSUs vesting in three equal installments on February 20, 2026, 2027, and 2028
Each RSU represents a right to receive one share of Wendy's common stock, subject to continued employment. The grants include tandem dividend equivalent rights and tax withholding rights. Following these transactions, Spessard beneficially owns 14,625 RSUs directly. The transactions were reported via Form 4 filing signed by Mark L. Johnson as attorney-in-fact.
Wendy's Chief Accounting Officer Suzanne M. Thuerk received multiple grants of Restricted Stock Units (RSUs) with dividend equivalent rights on June 16, 2025. The transactions include:
- 51 RSUs vesting on August 12, 2025
- 9 RSUs vesting in two equal installments (August 11, 2025/2026)
- 24 RSUs vesting in three equal installments (August 5, 2025/2026/2027)
- 228 RSUs vesting on December 18, 2027
All RSU grants represent dividend equivalent units and include tandem dividend equivalent rights and tax withholding rights. Each RSU converts to one share of common stock, subject to continued employment. Following these transactions, Thuerk beneficially owns 25,242 RSUs directly. The Form 4 was filed by Mark L. Johnson as attorney-in-fact on June 18, 2025.
E.J. Wunsch, President of International at The Wendy's Company (WEN), reported multiple securities transactions in this Form 4 filing:
- Transferred 1,385 shares of common stock to former spouse via domestic relations order, retaining beneficial ownership of 64,880 shares
- Received two grants of Restricted Stock Units (RSUs) with dividend equivalent rights: - 70 RSUs vesting in two equal installments (August 2025/2026) - 191 RSUs vesting in three equal installments (August 2025/2026/2027)
The RSU grants were made on June 16, 2025, as dividend equivalent units. Each RSU represents one share of Wendy's common stock. All vesting is contingent on continued employment. The transactions demonstrate standard executive compensation practices and a modification of holdings due to personal circumstances.