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Wendy's Co (WEN) filed an initial insider ownership report for Hassan Tariq, who serves as CMO & Customer Growth Officer. The Form 3 does not list any equity transactions or holdings at this time. A power of attorney for this reporting is included as Exhibit 24.
Wendy's Co (WEN) officer Lindsay J. Radkoski, CMO, U.S., reported the vesting and settlement of restricted stock units (RSUs) into common stock. On August 15, 2026, 2,767 RSUs (including 331 dividend equivalent units) were converted into 2,767 shares of common stock, as part of a grant made on August 15, 2024 that vests in three equal annual installments. Following this vesting, Radkoski held 95,348 RSUs directly. On the same date, 806 shares of common stock were delivered or withheld at $8.64 per share to cover the exercise price or tax liability associated with the vesting.
The Wendy’s Company reported that Pete Suerken, President, U.S., has notified the company of his intention to resign to become President and Chief Executive Officer of Quality Supply Chain Co-op, Inc., the independent purchasing cooperative for the Wendy’s system. His departure is anticipated to be effective August 31, 2026.
In connection with this change, Wendy’s plans to eliminate the role of President, U.S. and create a new Chief Operations Officer position reporting to the company’s President and Chief Executive Officer, for which it is currently recruiting. The Compensation and Human Capital Committee approved pro-rated accelerated vesting of 80,481 restricted stock units from a one-time make-whole award granted in July 2025, and a pro-rated 2026 annual cash incentive based on actual company performance, payable with other executives. All other outstanding equity awards will be forfeited, and Mr. Suerken will not receive additional departure benefits.
Wendy's Co reported equity transactions for officer Liliana Esposito related to vesting restricted stock units (RSUs). On August 12, 2026, RSUs covering 31,858 and 4,246 shares of common stock, including accrued dividend equivalent units, were exercised into common shares. In separate transactions, a total of 9,785 common shares were delivered or withheld at $8.66 per share for payment of exercise price or tax liability. The RSUs were granted on August 12, 2025 and vest over two or three years, with the first installments vesting on August 12, 2026, subject to continued employment.
Wendy's Co executive Aaron M. Kale, Chief Accounting Officer, reported vesting of restricted stock units and related share movements. On August 12, 2026, 2,209 restricted stock units, including 149 dividend equivalent units, converted into 2,209 shares of common stock. Following this vesting, Kale held 13,736 restricted stock units. On the same date, 599 common shares were delivered or withheld for payment of exercise price or tax liability at $8.66 per share, leaving a net 1,610 newly issued shares from this vesting event. These RSUs were granted on August 12, 2025 and vest in three equal annual installments, subject to continued employment.
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.
Wendy's Co Chief Information Officer Matthew P. Spessard exercised restricted stock units into 25,947 shares of common stock on August 12, 2026. In connection with these vestings, 7,487 shares of common stock were delivered or withheld to cover the payment of exercise price or tax liability. The RSUs included associated dividend equivalent units and vested based on prior grants made on August 12, 2025, subject to continued employment.
Wendy's Co executive E.J. Wunsch, President, International, reported the vesting and conversion of restricted stock units into 60,533 and 8,070 shares of common stock on August 12, 2026. In related transactions, 16,405 and 2,421 shares were delivered or withheld at $8.66 per share to pay the exercise price or tax liability.
Wendy's Co executive John Min, Chief Legal Officer & Secretary, reported equity transactions dated August 12, 2026. Restricted stock units representing 44,404 and 5,918 underlying shares of common stock were exercised/converted into common stock, including accrued dividend equivalent units. To cover payment of exercise price or tax liability, 12,589 and 1,678 common shares were delivered or withheld at $8.66 per share. These events reflect scheduled vesting of awards granted on August 12, 2025, subject to continued employment and associated dividend equivalent and tax withholding rights.
Wendy's Co President, U.S. Peter J. Suerken Jr. reported the vesting and exercise of 7,963 restricted stock units (RSUs) into an equal number of common shares on August 12, 2026. The RSUs, granted on August 12, 2025, vest in three equal annual installments; this transaction reflects the first installment, including 545 dividend equivalent units. Following this vesting, Suerken holds 164,514 RSUs outstanding. In a related transaction, 2,318 common shares were delivered or withheld at $8.66 per share for payment of exercise price or tax liability.