E.J. Wunsch - 21 Mar 2024 Form 4 Insider Report for Wendy's Co (WEN)

Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
21 Mar 2024
Net transactions value
$0
Form type
4
Filing time
20 Jun 2024, 17:18:58 UTC
Previous filing
19 Mar 2024
Next filing
07 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Other $0 -3,816 -5.9% $0.000000 60,399 21 Mar 2024 Direct F1

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 +120 +1.5% $0.000000 8,082 17 Jun 2024 Common Stock 120 Direct F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Since the date of the reporting person's last ownership report, the reporting person transferred 3,816 shares of the Company's common stock to his former spouse pursuant to a domestic relations order. Following this transfer, the reporting person held 60,399 shares of the Company's common stock.
F2 With tandem dividend equivalent rights and tax withholding rights.
F3 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F4 Represents dividend equivalent units issued on June 17, 2024.
F5 The restricted stock units will vest in three equal installments on August 11, 2024, 2025 and 2026, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date.