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 Chief Accounting Officer Aaron M. Kale reported the vesting and conversion of 1,415 restricted stock units into 1,415 shares of common stock on August 5, 2026, including 168 dividend equivalent units. Of these, 404 shares were delivered or withheld for payment of exercise price or tax liability, and he continues to hold 9,809 restricted stock units in total from this award granted on August 5, 2024, which vests in three equal annual installments.
Lindsay J. Radkoski, CMO, U.S. of Wendy's Co, reported the vesting and conversion of 1,104 restricted stock units into an equal number of common shares on August 5, 2026, including 131 dividend equivalent units. These RSUs were from an August 5, 2024 grant vesting in three equal annual installments, with the second installment vesting on August 5, 2026. In connection with the vesting, 322 common shares were delivered or withheld at $7.9900 per share for payment of exercise price or tax liability. Following the conversion, Radkoski continues to hold 116,432 restricted stock units.
Wendy's Co reported insider equity activity by Chief Information Officer Matthew P. Spessard. On August 5, 2026, he exercised 1,191 restricted stock units (including 143 dividend equivalent units) into common shares. In connection, 344 shares were delivered or withheld at $7.99 per share for payment of exercise price or tax liability. The restricted stock units, granted on August 5, 2024, vest in three equal annual installments and carry dividend equivalent and tax withholding rights, and 64,040 restricted stock units were reported as held directly after the derivative transaction.
Wendy's Co President, International E.J. Wunsch exercised 5,529 restricted stock units into the same number of common shares on August 5, 2026. Of these, 1,568 shares were delivered or withheld at $7.99 per share for payment of exercise price or tax liability. Earlier, on March 27, 2026, he transferred 2,801 shares to his former spouse under a domestic relations order.
The Wendy’s Company reported modest revenue growth but sharply weaker profitability in the quarter and first half of 2026. Total revenues rose to $570.6 million for Q2 and $1.11 billion year‑to‑date, yet income before income taxes fell to $48.6 million for Q2 and $82.7 million for six months as margins compressed.
Global same‑restaurant sales decreased 6.3% in Q2 and 6.5% year‑to‑date, with U.S. restaurants down about 7% and international down low single digits, mainly from lower traffic partly offset by higher average check. Global Company‑operated restaurant margin dropped to 13.6% in Q2 from 15.6% a year earlier, driven by higher labor and commodity costs and deleverage on lower volumes.
Global systemwide sales declined to $3.42 billion in Q2 and $6.64 billion for the half, while digital sales penetration increased to roughly 24% of systemwide sales. Net income fell to $32.6 million for Q2 and $55.3 million year‑to‑date, or $0.17 and $0.29 per share. Wendy’s ended the quarter with $394.8 million in cash, cash equivalents and restricted cash and $2.75 billion of securitized long‑term debt, paid $0.14 per share in each of the first two quarterly dividends, and has declared a reduced $0.07 quarterly dividend for September 2026. The system restaurant count declined by 71 in Q2 and 217 year‑to‑date to 7,180 locations.
The Wendy’s Company reported unaudited results for the quarter ended June 28, 2026. Total revenues were $570.6 million, up 1.7% year over year, while global systemwide sales were approximately $3.4 billion, with constant-currency systemwide sales growth of (6.5)% and global same-restaurant sales down 6.3%, including a 7.0% decline in the U.S.
Profitability weakened: operating profit fell to $79.3 million, net income to $32.6 million (down 40.8%), diluted EPS to $0.17, and adjusted EBITDA to $124.1 million, a 15.4% decline. U.S. company-operated restaurant margin contracted to 13.8% from 16.2%, pressured by commodity and labor inflation and lower traffic. Year-to-date free cash flow increased to $120.3 million, up 9.9%, aided by lower capital expenditures and cash taxes.
New leadership is formulating a turnaround plan across menu, marketing, operations, digital and restaurant growth. To support this, the company reduced its annualized dividend to $0.28 per share and declared a quarterly dividend of $0.07 payable September 15, 2026, and withdrew its 2026 financial outlook. No share repurchases occurred in the second quarter, with $35.0 million remaining under the authorization expiring February 2027.
Vanguard Portfolio Management LLC reports beneficial ownership of common stock of The Wendy’s Company. The filing states beneficial ownership of 10,450,899 shares, representing 5.48% of the class as of June 30, 2026.
Vanguard Portfolio Management has sole voting power over 149,167 shares and sole dispositive power over 10,450,899 shares, with no shared voting or dispositive power. The position reflects securities held by various Vanguard-affiliated entities and managed accounts, and no other individual person’s interest in these securities exceeds 5% of the class.
BlackRock, Inc. reports beneficial ownership of Wendy's Co common stock on an amended Schedule 13G. BlackRock and its reporting business units beneficially own 24,419,760 shares of Wendy's common stock, representing 12.8% of the class. BlackRock has sole voting power over 24,139,957 shares and sole dispositive power over 24,419,760 shares, with no shared voting or dispositive power reported. The filing notes that iShares Core S&P Small-Cap ETF has an interest in Wendy's common stock that exceeds five percent of the total outstanding shares.
The Wendy’s Company approved a one-time restricted stock unit award with a grant date fair value of $500,000 for E.J. Wunsch, President, International, under its 2020 Omnibus Award Plan.
The award will be granted effective August 11, 2026 and will vest in substantially equal installments on each of the first two anniversaries of the grant date, subject to Mr. Wunsch’s continued employment. The grant follows the appointment of Robert D. Wright as President and Chief Executive Officer and is intended to maintain continuity and recognize the performance and growth of the company’s international business.
MAY PETER W reported acquisition or exercise transactions in this Form 4 filing.
Wendy's director Peter W. May received a grant of 4,262 shares of common stock at $6.98 per share. The shares were issued under the company’s 2020 Omnibus Award Plan in lieu of quarterly Board and Board committee cash retainer fees, with the price based on a 20‑day average closing price.
Following this grant, May directly holds 5,567,276 common shares. In addition, entities referred to as Trian Partners hold 14,943,466 common shares, over which Trian Fund Management, L.P. determines investment and voting decisions. May, as president and a founding partner of Trian Fund Management and a member of related general partner entities, may be deemed to share voting and dispositive power over these shares, while the reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.