Matthew Coley O'Brien - Aug 11, 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role: Chief People Officer
Signature: /s/ Michael G. Berner, Attorney-in-Fact
Stock symbol: WEN
Transactions as of: Aug 11, 2024
Transactions value $: -$8,748
Form type: 4
Date filed: 8/13/2024, 05:26 PM
Previous filing: Aug 7, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEN	Common Stock	Options Exercise	$0	+1.71K	+2.13%	$0.00	82.1K	Aug 11, 2024	Direct	F1
transaction	WEN	Common Stock	Tax liability	-$8.75K	-511	-0.62%	$17.12	81.6K	Aug 11, 2024	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	-1.71K	-5.88%	$0.00	27.4K	Aug 11, 2024	Common Stock	1.71K		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 86 dividend equivalent units that had accrued on the restricted stock units.
F4	The restricted stock units were granted on August 11, 2023 and vest in three equal installments on August 11, 2024, 2025 and 2026, subject to Mr. O'Brien's continued employment with the Company on the applicable vesting date.