Wendys Co SEC Filings

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.

Kirk Tanner, President & CEO of Wendy's, received new restricted stock units (RSUs) as part of dividend equivalent rights on June 16, 2025. The transaction details include:

• 2,990 RSUs vesting in two equal installments on February 22, 2026 and 2027
• 704 RSUs vesting in three equal installments on August 5, 2025, 2026, and 2027

Both grants include tandem dividend equivalent rights and tax withholding rights. Each RSU represents a contingent right to receive one share of Wendy's common stock, subject to Tanner's continued employment. Following these transactions, Tanner beneficially owns 299,590 RSUs directly. The RSUs were granted at $0 cost, reflecting their nature as dividend equivalent units rather than market purchases.

John Min, Chief Legal Officer & Secretary of The Wendy's Company (WEN), received 182 Restricted Stock Units (RSUs) on June 16, 2025, as dividend equivalent units. These RSUs include tandem dividend equivalent rights and tax withholding rights.

Key details of the transaction:

• Each RSU represents a contingent right to receive one share of Wendy's common stock
• The RSUs will fully vest on September 16, 2027, contingent on Min's continued employment
• Following this grant, Min now beneficially owns 14,724 RSUs directly
• The RSUs were granted at $0 cost to the executive

This Form 4 filing represents standard equity compensation practices for executive officers, with RSUs serving as a long-term retention tool aligned with shareholder interests.

Wendy's Chief Financial Officer Kenneth M. Cook received 214 Restricted Stock Units (RSUs) on June 16, 2025, as reported in this Form 4 filing. The RSUs were granted as dividend equivalent units with the following key details:

• Total RSUs beneficially owned after transaction: 17,346 units
• Vesting date: December 2, 2027
• Vesting condition: Continued employment with Wendy's until the vesting date
• Features: Includes tandem dividend equivalent rights and tax withholding rights
• Each RSU represents a contingent right to receive one share of Wendy's common stock

The transaction was executed at $0 cost to the executive, as these units were issued as dividend equivalents on existing RSU holdings. The filing was signed by Mark L. Johnson as attorney-in-fact on June 18, 2025.

Director Wendy C. Arlin of The Wendy's Company (WEN) received two grants of Restricted Stock Units (RSUs) on June 16, 2025 as dividend equivalent units:

• 121 RSUs that vested in full on May 21, 2025, bringing total holdings to 23,774 units
• 174 RSUs that will vest on the earlier of May 21, 2026 or the 2026 annual meeting, bringing total holdings to 23,948 units

Both grants were priced at $0 and represent dividend equivalent units. The vested shares will be delivered upon Ms. Arlin's termination as a director. Each RSU represents a contingent right to receive one share of Wendy's common stock. This Form 4 filing indicates standard dividend-related equity compensation for a board member, with deferred delivery terms.