Matthew P. Spessard - 20 Feb 2026 Form 4 Insider Report for Wendy's Co (WEN)

Signature
/s/ Mark L. Johnson, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
20 Feb 2026
Net transactions value
-$9,619
Form type
4
Filing time
24 Feb 2026, 17:04:13 UTC
Previous filing
17 Dec 2025
Next filing
24 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Spessard Matthew P Chief Information Officer C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD., DUBIN /s/ Mark L. Johnson, Attorney-in-Fact 24 Feb 2026 0002014323

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Options Exercise $0 +3,481 +45% $0.000000 11,284 20 Feb 2026 Direct F1
transaction WEN Common Stock Tax liability $9,619 -1,189 -11% $8.09 10,095 20 Feb 2026 Direct

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 Options Exercise $0 -3,481 -5.3% $0.000000 62,690 20 Feb 2026 Common Stock 3,481 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.