Wendy's Co — Director's Dealing 2026

Feb 24, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Wendy's Co (WEN)
CIK: 0000030697
Period of Report: 2026-02-20

Reporting Person: Spessard Matthew P (Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-20	Common Stock	M	3481	—	Acquired	11284	Direct
2026-02-20	Common Stock	F	1189	$8.09	Disposed	10095	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-20	Restricted Stock Units	$	M	3481	Disposed		Common Stock (3481)	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 201 dividend equivalent units that had accrued on the restricted stock units.

F4: The restricted stock units will vest in two remaining equal installments on February 20, 2027 and 2028, subject to Mr. Spessard's continued employment with the Company on the applicable vesting date.