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Wendy's Co — Director's Dealing 2025
Aug 7, 2025
31695_dirs_2025-08-07_ac4162b1-a26d-48da-83a6-f513702a5c10.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: 2025-08-05
Reporting Person: Spessard Matthew P (Chief Information Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-08-05 | Common Stock | M | 1106 | — | Acquired | 7714 | Direct |
| 2025-08-05 | Common Stock | F | 322 | $9.95 | Disposed | 7392 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-08-05 | Restricted Stock Units | $ | M | 1106 | Disposed | Common Stock (1106) | 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 59 dividend equivalent units that had accrued on the restricted stock units.
F4: The restricted stock units were granted on August 5, 2024 and vest in three equal installments on the first, second and third anniversaries of the grant date, subject to Mr. Spessard's continued employment with the Company on the applicable vesting date. The first installment (including the related dividend equivalent units) vested on August 5, 2025.