Liliana Esposito - Nov 5, 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chf Corp Affrs & Sustnblty Ofc
Signature
/s/ Mark L. Johnson, Attorney-in-Fact
Stock symbol
WEN
Transactions as of
Nov 5, 2024
Transactions value $
-$222,338
Form type
4
Date filed
11/7/2024, 05:02 PM
Previous filing
Sep 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Options Exercise $799K +52K +62.29% $15.36 136K Nov 5, 2024 Direct
transaction WEN Common Stock Sale -$1.02M -52K -38.38% $19.63 83.5K Nov 5, 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 Employee Stock Option (Right to Buy) Options Exercise $0 -52K -100% $0.00 0 Nov 5, 2024 Common Stock 52K $15.36 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 With tandem net exercise and tax withholding rights.
F2 The option vested in three equal installments on August 11, 2018, 2019 and 2020 and is currently exercisable as to all 52,009 remaining shares.