Form 4 for WEN Wendy's Co
Accepted 2025-08-14 00:00:00 ET · period of report 2025-08-12 · accession 0001127602-25-020482 · 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 | 2025-08-14 | 2025-08-12 | WEN | Thuerk Suzanne M. | CAO | F - Tax | $10.11 | -1,210 | 11.5K | -10% | -$12.2K |
| D | 2025-08-14 | 2025-08-12 | WEN | Thuerk Suzanne M. | CAO | M - OptEx | $0.00 | +4,053 | 12.7K | +47% | $0 |
| DM | 2025-08-14 | 2025-08-12 | WEN | Thuerk Suzanne M. | CAO | A - Grant | $0.00 | +157.7K | 50.4K | New | $0 |
| D | 2025-08-14 | 2025-08-12 | WEN | Thuerk Suzanne M. | CAO | M - OptEx | $0.00 | -4,053 | 20.2K | -17% | $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 | 2025-08-12 | F | D | 1,210 | $10.11 | 11,522 | D | — | — | |
| 2 | Common | Common Stock | 2025-08-12 | M | A | 4,053 | $0.00 | 12,732 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
| 3 | Derivative | Employee Stock Option (Right to Buy) | 2025-08-12 | A | A | 63,731 | $0.00 | 63,731 | D | $10.11 · — to 2035-08-12 | 63,731 Common Stock | (F5) With tandem net exercise and tax withholding rights. (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. |
| 4 | Derivative | Employee Stock Option (Right to Buy) | 2025-08-12 | A | A | 63,731 | $0.00 | 63,731 | D | $10.11 · — to 2035-08-12 | 63,731 Common Stock | (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. |
| 5 | Derivative | Restricted Stock Units | 2025-08-12 | M | D | 4,053 | $0.00 | 20,172 | D | — · — to — | 4,053 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. (F1) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. (F4) The restricted stock units were granted on August 12, 2022 and fully vested (including the related dividend equivalent units) on August 12, 2025. |
| 6 | Derivative | Restricted Stock Units | 2025-08-12 | A | A | 5,044 | $0.00 | 25,216 | D | — · — to — | 5,044 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 12, 2026, 2027 and 2028, subject to Ms. Thuerk's continued employment with the Company on the applicable vesting date. |
| 7 | Derivative | Restricted Stock Units | 2025-08-12 | A | A | 25,222 | $0.00 | 50,438 | D | — · — to — | 25,222 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. (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. |