Matthew P. Spessard - 20 Feb 2025 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chief Information Officer
Signature
/s/ Mark L. Johnson, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
20 Feb 2025
Net transactions value
$0
Form type
4
Filing time
21 Feb 2025, 17:23:13 UTC
Previous filing
18 Dec 2024
Next filing
25 Feb 2025
SEC
View on sec.gov

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 +9,842 +225% $0.000000 14,212 20 Feb 2025 Common Stock 9,842 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 With tandem dividend equivalent rights and tax withholding rights.
F2 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F3 The restricted stock units will vest in three equal installments on February 20, 2026, 2027 and 2028, subject to Mr. Spessard's continued employment with the Company on the applicable vesting date.