Key facts
- This page summarizes Edward P. Garden's Form 4 filing for Wendy's Co (WEN).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 03 Mar 2023, 17:35.
Edward P. Garden - 03 Mar 2023 Form 4 Insider Report for Wendy's Co (WEN)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- WEN
- Reported as of
- 03 Mar 2023
- Net transaction value
- -$79,987,896
- SEC form
- 4
- Accepted by SEC
- 03 Mar 2023, 17:35:42 UTC
- Prior SEC filing
- 05 Jan 2023
- Next SEC filing
- 04 Apr 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Edward P. Garden
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Edward P. Garden filed Form 4 for Wendy's Co (WEN) on 03 Mar 2023.
Change
- Previous filing in this sequence was filed on 05 Jan 2023.
- Current net transaction value: -$79,987,896.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WEN
transaction
Common Stock
Sale
- Transaction value
- $79,987,896
- Shares
- -3,627,569
- Change %
- -14%
- Price
- $22.05
- Shares after
- 21,705,770
- Date
- 03 Mar 2023
- Ownership
- By Trian Partners
- Footnotes
- F1, F2
WEN
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 240,365
- Date
- 03 Mar 2023
- Ownership
- Direct
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Trian Fund Management, L.P. ("Trian Management") serves as the management company for Trian Partners, L.P., Trian Partners Master Fund, L.P., Trian Partners Parallel Fund I, L.P., Trian Partners Strategic Fund-G II L.P., Trian Partners Strategic Fund-G III, L.P., and Trian Partners Strategic Fund-K, L.P. (collectively, the "Trian Funds"), and as such determines the investment and voting decisions of the Trian Funds with respect to the shares of the Issuer held by them. Mr. Garden is a member of Trian Fund Management GP, LLC, which is the general partner of Trian Management, and as such is in a position to determine the investment and voting decisions made by Trian Management on behalf of the Trian Funds.
Footnote F2
(FN 2, contd.) Mr. Garden is also a member of Trian Partners General Partner, LLC ("Trian GP LLC"), the general partner of Trian Partners GP, L.P. ("Trian GP"), and as such is in a position to determine the investment and voting decisions made by Trian GP LLC on behalf of Trian GP. Accordingly, Mr. Garden may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the shares beneficially owned by the Trian Funds and Trian GP. Mr. Garden disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
SEC remarks
The transactions involving securities of the Issuer referred to herein as beneficially owned by "Trian Partners" that are reported in this filing are the same securities and transactions reported separately in the Form 4s filed by Nelson Peltz; Peter W. May; Matthew Peltz; Trian Fund Management, L.P., Trian Fund Management GP, LLC; Trian Partners GP, L.P.; Trian Partners, L.P.; Trian Partners Master Fund, L.P.; Trian Partners Parallel Fund I, L.P.; Trian Partners Strategic Fund-G II, L.P.; Trian Partners Strategic Fund-G III, L.P.; and Trian Partners Strategic Fund-K, L.P. (collectively, the "Trian Entities"). The shares of the Issuer referred to as beneficially owned by "Trian Partners" are the same shares as those reported to be beneficially owned by "Trian Partners" in the Form 4s filed by Nelson Peltz, Peter W. May, and Matthew Peltz and by the Trian Entities in the Form 4 filed by the Trian Entities.