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Wendy's Co — Director's Dealing 2025
Aug 15, 2025
31695_dirs_2025-08-14_f3440354-c26b-4944-a2e1-6682f9e5e14d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Wendy's Co (WEN)
CIK: 0000030697
Period of Report: 2025-08-12
Reporting Person: Thuerk Suzanne M. (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-08-12 | Common Stock | M | 4053 | — | Acquired | 12732 | Direct |
| 2025-08-12 | Common Stock | F | 1210 | $10.11 | Disposed | 11522 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-08-12 | Restricted Stock Units | $ | M | 4053 | Disposed | Common Stock (4053) | Direct | |
| 2025-08-12 | Employee Stock Option (Right to Buy) | $10.11 | A | 63731 | Acquired | 2035-08-12 | Common Stock (63731) | Direct |
| 2025-08-12 | Restricted Stock Units | $ | A | 5044 | Acquired | Common Stock (5044) | Direct | |
| 2025-08-12 | Employee Stock Option (Right to Buy) | $10.11 | A | 63731 | Acquired | 2035-08-12 | Common Stock (63731) | Direct |
| 2025-08-12 | Restricted Stock Units | $ | A | 25222 | Acquired | Common Stock (25222) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F2: With tandem dividend equivalent rights and tax withholding rights.
F3: Includes 549 dividend equivalent units that had accrued on the restricted stock units.
F4: The restricted stock units were granted on August 12, 2022 and fully vested (including the related dividend equivalent units) on August 12, 2025.
F5: With tandem net exercise and tax withholding rights.
F6: The option vests in three equal installments on August 12, 2026, 2027 and 2028, subject to Ms. Thuerk's continued employment with the Company on the applicable vesting date.
F7: The restricted stock units will vest in three equal installments on August 12, 2026, 2027 and 2028, subject to Ms. Thuerk's continued employment with the Company on the applicable vesting date.
F8: The option vests in two equal installments on August 12, 2026 and 2027, subject to Ms. Thuerk's continued employment with the Company on the applicable vesting date.
F9: The restricted stock units will vest in two equal installments on August 12, 2026 and 2027, subject to Ms. Thuerk's continued employment with the Company on the applicable vesting date.