Abigail E. Pringle - 19 Feb 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role
Pres Intl & Chf Developmnt Ofc
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
19 Feb 2024
Net transactions value
-$139,258
Form type
4
Filing time
21 Feb 2024, 17:05:38 UTC
Previous filing
19 Dec 2023
Next filing
28 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Options Exercise $0 +23,842 +15% $0.000000 180,650 19 Feb 2024 Direct F1
transaction WEN Common Stock Tax liability $139,258 -7,441 -4.1% $18.72 173,209 19 Feb 2024 Direct
holding WEN Common Stock 9,253 19 Feb 2024 By Spouse

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 Options Exercise $0 -23,842 -67% $0.000000 11,783 19 Feb 2024 Common Stock 23,842 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F2 With tandem dividend equivalent rights and tax withholding rights.
F3 Includes 2,443 dividend equivalent units that had accrued on the restricted stock units.
F4 The restricted stock units were granted on February 19, 2020 and fully vested on February 19, 2024.