Suzanne M. Thuerk - 15 Dec 2025 Form 4 Insider Report for Wendy's Co (WEN)

Role: Chief Accounting Officer
Signature: /s/ Mark L. Johnson, Attorney-in-Fact
Issuer symbol: WEN
Transactions as of: 15 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 17 Dec 2025, 17:31:46 UTC
Previous filing: 18 Sep 2025
Next filing: 24 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Thuerk Suzanne M.	Chief Accounting Officer	C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD., DUBLIN	/s/ Mark L. Johnson, Attorney-in-Fact	17 Dec 2025	0001963800

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WEN	Restricted Stock Units	Award	$0	+7	+0.01%	$0.000000	51,183	15 Dec 2025	Common Stock	7		Direct	F1, F2, F3, F4
transaction	WEN	Restricted Stock Units	Award	$0	+22	+0.04%	$0.000000	51,205	15 Dec 2025	Common Stock	22		Direct	F1, F2, F3, F5
transaction	WEN	Restricted Stock Units	Award	$0	+319	+0.62%	$0.000000	51,524	15 Dec 2025	Common Stock	319		Direct	F1, F2, F3, F6
transaction	WEN	Restricted Stock Units	Award	$0	+88	+0.17%	$0.000000	51,612	15 Dec 2025	Common Stock	88		Direct	F1, F2, F3, F7
transaction	WEN	Restricted Stock Units	Award	$0	+435	+0.84%	$0.000000	52,047	15 Dec 2025	Common Stock	435		Direct	F1, F2, F3, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	With tandem dividend equivalent rights and tax withholding rights.
F2	Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F3	Represents dividend equivalent units issued on December 15, 2025.
F4	The restricted stock units will vest in one remaining installment on August 11, 2026, subject to Ms. Thuerk's continued employment with the Company on the vesting date.
F5	The restricted stock units will vest in two remaining equal installments on August 5, 2026 and 2027, subject to Ms. Thuerk's continued employment with the Company on the applicable vesting date.
F6	The restricted stock units will vest in full on December 18, 2027, subject to Ms. Thuerk's continued employment with the Company on the vesting date.
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.
F8	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.