Todd Penegor - 01 Mar 2023 Form 4 Insider Report for Wendy's Co (WEN)

Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
01 Mar 2023
Transactions value $
-$646,144
Form type
4
Filing time
02 Mar 2023, 17:25:57 UTC
Previous filing
16 Aug 2022
Next filing
28 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Award $0 +65.6K +10.1% $0.00 715K 01 Mar 2023 Direct F1
transaction WEN Common Stock Tax liability -$646K -29.4K -4.11% $21.97 686K 01 Mar 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects settlement of performance units granted to Mr. Penegor in February 2020 as part of the Company's long-term incentive plan.