Matthew Coley O'Brien - 01 Mar 2026 Form 4 Insider Report for Wendy's Co (WEN)

Role: Chief People Officer
Signature: /s/ Mark L. Johnson, Attorney-in-Fact
Issuer symbol: WEN
Transactions as of: 01 Mar 2026
Net transactions value: -$43,585
Form type: 4
Filing time: 03 Mar 2026, 17:15:13 UTC
Previous filing: 24 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
O'Brien Matthew Coley	Chief People Officer	C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BOULEVARD, DUBLIN	/s/ Mark L. Johnson, Attorney-in-Fact	03 Mar 2026	0001732939

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEN	Common Stock	Options Exercise	$0	+18,598	+20%	$0.000000	112,277	01 Mar 2026	Direct	F1
transaction	WEN	Common Stock	Tax liability	$43,585	-5,690	-5.1%	$7.66	106,587	01 Mar 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	-18,598	-16%	$0.000000	94,218	01 Mar 2026	Common Stock	18,598		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 2,833 dividend equivalent units that had accrued on the restricted stock units.
F4	The restricted stock units were granted on March 1, 2023, and fully vested (including the related dividend equivalent units) on March 1, 2026.