Matthew P. Spessard - 17 Mar 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
17 Mar 2025
Net transactions value
$0
Form type
4
Filing time
19 Mar 2025, 17:16:14 UTC
Previous filing
25 Feb 2025
Next filing
18 Jun 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 +19 +0.13% $0.000000 14,231 17 Mar 2025 Common Stock 19 Direct F1, F2, F3, F4
transaction WEN Restricted Stock Units Award $0 +53 +0.37% $0.000000 14,284 17 Mar 2025 Common Stock 53 Direct F1, F2, F3, F5
transaction WEN Restricted Stock Units Award $0 +160 +1.1% $0.000000 14,444 17 Mar 2025 Common Stock 160 Direct F1, F2, F3, F6
* 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 Represents dividend equivalent units issued on March 17, 2025.
F4 The restricted stock units will vest in two remaining equal installments on August 11, 2025 and 2026, subject to Mr. Spessard's continued employment with the Company on the applicable vesting date.
F5 The restricted stock units will vest in three equal installments on August 5, 2025, 2026 and 2027, subject to Mr. Spessard's continued employment with the Company on the applicable vesting date.
F6 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.