Form 4 for WEN Wendy's Co
Accepted 2026-08-13 16:49:57 ET · period of report 2026-08-11 · accession 0000030697-26-000128 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-08-13 16:49 | 2026-08-11 | WEN | Kale Aaron M. | CAO | M - OptEx | $0.00 | +1,748 | 13.3K | +15% | $0 |
| D | 2026-08-13 16:49 | 2026-08-11 | WEN | Kale Aaron M. | CAO | F - Tax | $7.55 | -499 | 12.8K | -4% | -$3,767 |
| D | 2026-08-13 16:49 | 2026-08-11 | WEN | Kale Aaron M. | CAO | M - OptEx | $0.00 | -1,748 | 8,061 | -18% | $0 |
| DM | 2026-08-13 16:49 | 2026-08-11 | WEN | Kale Aaron M. | CAO | A - Grant | $0.00 | +62.3K | 15.9K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-08-11 | M | A | 1,748 | $0.00 | 13,327 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
| 2 | Common | Common Stock | 2026-08-11 | F | D | 499 | $7.55 | 12,828 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2026-08-11 | M | D | 1,748 | $0.00 | 8,061 | D | — · — to — | 1,748 Common Stock | (F2) With tandem dividend equivalent rights and tax withholding rights. (F1) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. (F3) Includes 296 dividend equivalent units that had accrued on the restricted stock units. (F4) The restricted stock units were granted on August 11, 2023 and vested in three equal installments on the first, second and third anniversaries of the grant date. The first, second and third installments (including the related dividend equivalent units) vested on August 11, 2024, 2025 and 2026, respectively. (F4) The restricted stock units were granted on August 11, 2023 and vested in three equal installments on the first, second and third anniversaries of the grant date. The first, second and third installments (including the related dividend equivalent units) vested on August 11, 2024, 2025 and 2026, respectively. |
| 4 | Derivative | Employee Stock Option (Right to Buy) | 2026-08-11 | A | A | 54,437 | $0.00 | 54,437 | D | $7.55 · — to 2026-08-11 | 54,437 Common Stock | (F5) With tandem net exercise and tax withholding rights. (F6) The option vests in three equal installments on August 11, 2027, 2028 and 2029, subject to Mr. Kale's continued employment with the Company on the applicable vesting date. |
| 5 | Derivative | Restricted Stock Units | 2026-08-11 | A | A | 7,884 | $0.00 | 15,945 | D | — · — to — | 7,884 Common Stock | (F2) With tandem dividend equivalent rights and tax withholding rights. (F1) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. (F7) The restricted stock units will vest in three equal installments on August 11, 2027, 2028 and 2029, subject to Mr. Kale's continued employment with the Company on the applicable vesting date. (F7) The restricted stock units will vest in three equal installments on August 11, 2027, 2028 and 2029, subject to Mr. Kale's continued employment with the Company on the applicable vesting date. |