Form 4 for WEN Wendy's Co
Accepted 2026-08-14 16:55:26 ET · period of report 2026-08-12 · accession 0000030697-26-000144 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2026-08-14 16:55 | 2026-08-12 | WEN | Spessard Matthew P | CIO | M - OptEx | $0.00 | +25.9K | 32.4K | +403% | $0 |
| DM | 2026-08-14 16:55 | 2026-08-12 | WEN | Spessard Matthew P | CIO | F - Tax | $8.66 | -7,487 | 31.5K | -19% | -$64.8K |
| DM | 2026-08-14 16:55 | 2026-08-12 | WEN | Spessard Matthew P | CIO | M - OptEx | $0.00 | -25.9K | 48.9K | -35% | $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 | 2026-08-12 | M | A | 22,896 | $0.00 | 35,941 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
| 2 | Common | Common Stock | 2026-08-12 | F | D | 6,606 | $8.66 | 29,335 | D | — | — | |
| 3 | Common | Common Stock | 2026-08-12 | M | A | 3,051 | $0.00 | 32,386 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
| 4 | Common | Common Stock | 2026-08-12 | F | D | 881 | $8.66 | 31,505 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2026-08-12 | M | D | 22,896 | $0.00 | 51,934 | D | — · — to — | 22,896 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 1,569 dividend equivalent units that had accrued on the restricted stock units. (F4) The restricted stock units were granted on August 12, 2025 and vest in two equal installments on the first and second 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 12, 2026. (F4) The restricted stock units were granted on August 12, 2025 and vest in two equal installments on the first and second 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 12, 2026. |
| 6 | Derivative | Restricted Stock Units | 2026-08-12 | M | D | 3,051 | $0.00 | 48,883 | D | — · — to — | 3,051 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. (F5) Includes 208 dividend equivalent units that had accrued on the restricted stock units. (F6) The restricted stock units were granted on August 12, 2025 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 12, 2026. (F6) The restricted stock units were granted on August 12, 2025 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 12, 2026. |