Matthew H. Peltz - 01 Jul 2025 Form 4 Insider Report for Wendy's Co (WEN)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: WEN
Reported as of: 01 Jul 2025
Net transaction value: +$27,121
SEC form: 4
Accepted by SEC: 02 Jul 2025, 17:45:08 UTC
Prior SEC filing: 22 May 2025
Source filing: View source filing
Reporting owner signature: /s/ Daniel R. Marx, Attorney-In-Fact for Matthew H. Peltz

Key filing fact

Matthew H. Peltz filed Form 4 for Wendy's Co (WEN) on 02 Jul 2025.

Key facts

This page summarizes Matthew H. Peltz's Form 4 filing for Wendy's Co (WEN).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 02 Jul 2025, 17:45.

Change

Previous filing in this sequence was filed on 22 May 2025.
Current net transaction value: +$27,121.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001661127 Primary reporting owner

Peltz Matthew H.

Relationship: Director, 10%+ Owner
Address: 223 SUNSET AVENUE, PALM BEACH
Signature: /s/ Daniel R. Marx, Attorney-In-Fact for Matthew H. Peltz
Signature date: 02 Jul 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WEN transaction

Common Stock

Award

Transaction value: $27,121
Shares: +2,334
Change %: +1.8%
Price: $11.62
Shares after: 132,132
Date: 01 Jul 2025
Ownership: Direct
Footnotes: F1

WEN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 14,943,466
Date: 01 Jul 2025
Ownership: By Trian Partners
Footnotes: F2, F3

WEN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 132,397
Date: 01 Jul 2025
Ownership: By Peltz 2009FamilyTrust
Footnotes: F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Shares were issued pursuant to the Company's 2020 Omnibus Award Plan (the "Plan") in lieu of a quarterly Board of Directors retainer fee and a quarterly Board committee retainer fee that would otherwise be payable in cash. In accordance with the Plan, the price is the average of the closing price per share on the 20 consecutive trading days immediately preceding the date on which the retainer fees would otherwise be payable.

Footnote F2

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., 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. Peltz is a Partner of Trian Management, and a limited partner or member of certain affiliates of the Trian Funds, and as such has an indirect interest in the shares of the Issuer held by the Trian Funds.

Footnote F3

(FN 2, contd.) Mr. Peltz is also a limited partner in Trian Partners GP, L.P. ("Trian GP"), and as such has an indirect interest in the shares of the Issuer held by Trian GP. The reporting persons disclaim beneficial ownership of the shares held by Trian Management and Trian GP (collectively, "Trian Partners") except to the extent of their pecuniary interest therein and this report shall not be deemed an admission that the reporting persons are the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Footnote F4

Mr. Peltz disclaims beneficial ownership of these securities 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.

Footnote F5

All such shares are owned by the Peltz 2009 Family Trust. Mr. Peltz is a trustee of the trust.