John Min - 17 Mar 2025 Form 4 Insider Report for Wendy's Co (WEN)

Role: Chief Legal Ofcr & Secretary
Signature: /s/ Mark L. Johnson, Attorney-in-Fact
Issuer symbol: WEN
Transactions as of: 17 Mar 2025
Net transactions value: +$75.07
Form type: 4
Filing time: 19 Mar 2025, 17:22:00 UTC
Previous filing: 18 Dec 2024
Next filing: 13 May 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEN	Common Stock	Small acquisition under Rule 16a-6	$75.07	+5	+1.6%	$15.32	305	17 Mar 2025	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	+234	+1.6%	$0.000000	14,542	17 Mar 2025	Common Stock	234		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	Reflects shares that were acquired pursuant to a dividend reinvestment plan administered by the reporting person's broker and eligible for deferred reporting on Form 5 under Rule 16a-6. The reporting person has chosen to report such transaction early on this Form 4.
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 March 17, 2025.
F5	The restricted stock units will vest in full on September 16, 2027, subject to Mr. Min's continued employment with the Company on the vesting date.